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For the delay in the delivery of the merchandise the agreed Liquidated
damages shall be as follows: for each week of delay in the submission of a
required document an amount of ………………………… subject to an overall
maximum liability of …………………………… under this Article.
For delay in supply of 95 per cent of the merchandise beyond the period of
....... months after Effective Date of the Contract
for each week of delay an
amount of …………………………. of the Contract Price.
9. Force majeure
Should any force-majeure circumstances arise which hinder the fulfilment
by any of the parties of their respective
obligations under the Contract, neither
party is responsible for the non-fulfilment of its liabilities to the extent owing to
such circumstances. Natural disasters, war and military
operations of any sort,
blockades, embargo, prohibition of exports and imports, epidemics and other
circumstances beyond the control of the parties are considered as force majeure.
………………………….. has the right to extend
the time stipulated for the
fulfilment of the Contract by a period equal to that during which force-majeure
circumstances last.
Достарыңызбен бөлісу: