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1、PENSATIONTRADECONTRACTcontractno.:__________ dateofsigning:_________ placeofsigning:_______ thetail:_________________________________ partyb:________________________________ address:_______________________________ tel:_________________fax:________
2、________ e-mail:_________________________________achinesandequipment,anufacturingof_______,andisachinesandequipment;and adebypartyausingthemachinesandequipmentpartybsupplies,inpensationforthepriceofthemachinesandequipment,and partybthemachinesandequi
3、pment,and achinesandequipment;noisesandcovenantsdescribedhereinafter,partyaandpartybagreeafolloachinestobeusedinproduction,theirauxiliarymachinery,accessoriesandsparepartsandavarietyofmeasuringandtestinginstrumentsrequiredintheprocessofproduction.thede
4、tailsofthemodels,names,specifications,quantity,prices,packing,delivery,etc.thereofshallbespecifiedinanadditionalequipment-importagreementtobeconcludedbyandbetachines,auxiliaryequipment,etc.suppliedbypartbshallbepaidoffbypartyaanufacturesmadetheree)produ
5、ctsmadein(nameoftheplant)ifbothpartiesagree.thespecificname(s),quantity,price,delivery,etc.ofthegoodsgrantedasthemake-uppaymentshallbedecidedinanadditionalpensationgoods-supplyagreementmadebythepartiesent-importagreementandpensation-goods-supplyagreemen
6、taforesaidmaybemergedasonecalledsalesagreementonpensationtrade(seeappendix). article2payment bothpartiesagreetoopenlettersofcreditinfavorofeachother,i.e.partyalettersofcreditinfavorofpartybtopaybyinstallmentsthetotalcostofthemachinesandauxiliaryequipm
7、entprovidedbypartyb;achinesandauxiliaryequipmentoneyremittedbypartybasreimbursementfortheproductstobedeliveredbypartya.incasethesumtobepaidbypartybfailstocoverthevalueofthelong-termlettersofcreditopenedbypartya,thedifferenceshallbemadeupbypartybbypaying
8、thatmuchtopartyainadvance,beforethelong-termlettersofcreditaredue,toenablepartyatoreimburseontimethelong-termlettersofcredititopens.thepaymentofthelong-termlettersofcreditopenedbypartyaisbasedonpartyb'sopeningasightletterofc
