For the purchase of the TRIBOPRESS plants equipment, different forms of payment of export-import contracts are offered ...
International contracts for the purchase of the TRIBOPRESS plants equipment contain, basically, the following:
Legal part
- Subject Matter of the Contract
- Comercial Invoice of the Equipment
- Contract Cost
- Terms of Payment
- Vindicatory Sanctions
- Form of Payment
- Technical Documentation
- Commencement of the Contract
- Terms of Delivery
- Terms of assembling and adjusting
- Validity Period of the Contract
- Advance Payment Refund
- Inspection and Acceptance of the Equipment
- Warranty
- After-sales service
- Packing
- Marking
- Export Licence
- Force Majeure
- Order of Solving the Disputes and Applicable Law
- Insurance
- Supplementary Obligations of the Buyer
- Supplementary Obligations of the Seller
- Other Terms
- The Parties' domiciles
- Banking Data
- Conclusion
Technical Part
- Preparation Line
- Hydraulic Press
- Automated Palletizer
- Hydraulic Press for splitting of Preforms
- Mechanical Elevator
- Loading Excavator
- Device for Manual splitting of Preforms
- Metal Pallets
- Press Molds
- Spare Parts
Services
Produced Materials
- Quality Guarantee of the Manufactured Materials
- Recommended Raw Material
- Composition of the Compression Mixture
- Curing of the Formed Materials
Notes
The Contract is made in English and Spanish languages in four copies and is signed by the Seller and the Manufacturer, on the one side and the Buyer and the Consignee, on the other side.
The amounts of the "Commercial Invoice of the Equipment" and "Contract Cost" do not coincide in the contract because the "Contract Cost" depends on the selected "Form of Payment".
For Example:
If the selected form of payment is "Irrevocable Confirmed Letter of Credit" for 100% of the Cost of the equipment - that is for 100% of the "Commercial Invoice of the Equipment", the Contract Cost" is 10% higher than that of the "Commercial Invoice of the Equipment".
The "Contract Cost" is higher than that of the "Commercial Invoice of the Equipment" because the Seller has to finance the equipment production through his Bank.
Another example:
The selected form of payment is "Advance Payment" for 90% of the "Commercial Invoice of the Equipment" and the remaining 10% is covered by the "Irrevocable Confirmed Letter of Credit", in this case the "Contract Cost" is equal to the "Commercial Invoice of the Equipment".
Below you can see various "forms of payment" of the TRIBOPRESS plants quipment, including Spanish financing with respective "Costs of the Contract".
- Variant 1
90% of the Contract Cost - Advance payment without Bank Guarantee;
10% of the Contract Cost - Irrevocable Confirmed Letter of Credit - the Cost does not increase:
" Contract Cost " : " Commercial Invoice of the Equipment " x 1,00.
- Variant 2
50% of the Contract Cost - Advance payment without Bank Guarantee;
50% of the Contract Cost - Irrevocable Confirmed Letter of Credit - the Cost increases by 5%:
" Contract Cost " : " Commercial Invoice of the Equipment " x 1,05.
- Variant 3
30% of the Contract Cost - Advance payment without Bank Guarantee;
70% of the Contract Cost - Documentary Irrevocable Confirmed Letter of Credit - the Cost increases by 7%:
" Contract Cost " : " Commercial Invoice of the Equipment " x 1,07.
- Variant 4
100% of the Contract Cost - Irrevocable Confirmed Letter of Credit - the Cost increases by 10%:
" Contract Cost " : " Commercial Invoice of the Equipment " x 1,10.
- Variant 5
30% of the Contract Cost- Advance Payment without Bank Guarantee;
70% of the Contract Cost - a Long-term Buyer's Credit (Spanish Financing) - the Costs increases by 7,0% + 3% for trouble:
" Contract Cost " : " Commercial Invoice of the Equipment " x 1,10.
The contract is signed after long and detailed mutual explanations. We always find particular solutions for each concrete case, so that the two Parties can be completely satisfied.
One of these particular solutions is a Spanish long-term (5 years) Buyer's Credit with a low interest rate (about 4% per year), as a form of payment of the Contract Cost (see Spanish financing).
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