Page 47 - MEOMA Handbook

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CIRCLES

11.
(b)
(a)
(b)
(a)
A
If
In
to
If
In
An
the
For
For
For
For
For
not
price
the
each
Then
effect
Then
Each
date
the
his
When
party
each
terms,
order.
the
circle
same
same
Upon
official
the
circle.
Where
Without
having
always
a
Sellers
of
of
Without
the
hereafter
payment
in
same
a
the
between
the
the
immediate
apply.
provisions
documents
of
invoice
party
each
are
the
other,
established
adjustment,
Buyer
the
immediately
event
Upon
document
other,
the
Buyers
Delivery/
goods
and
been
event
ed/tendered,
goods,
of
string
port
in
specifications
to
invoice
the
For
the
each
a
first
Seller
of
is
immediate
the
for
to
shall
the
the
provided
prejudice
prior
Buyer
collection/delivery
for
the
purpose
any
end
notify
such
are
prejudice
collection/delivery.
description,
first
by-pass
string
mentioned
payment
receipt
the
to
to
documents
circle
end
to
of
payment
his
Buyer
of
by-pass
Seller
excess
Delivery/Collection
identified
that
Delivery/Collection
Delivery/Collection
shall
not
invoices
of
string
of
make
loading
Collection
the
establishment
and
establishment
and
of
may
the
for
the
settelement
by
notice
established,
by
Seller
establishment
the
and
contracts
shall
shall
or
by
and
payment.
by
purpose
this
receiver.
may
of
the
of
established
and
the
such
repurchases
the
does
as
make
of
Sellers
of
settlement
be
his
rights
take
issuance
receiver.
difference
last
such
has
during
rights
as
shall
of
Road
pass
the
44
not
take
such
the
payment
Road
confirm
of
notice
Vessel
this
Upon
Vessel
from
same
the
contract
involve
and
a
invoices
to
shall
same
the
is
to
and
above.
aware
collection/delivery
Collection/Delivery
contract
Upon
Sellers'
place
been
Sellers'
Buyer
Sellers
in
down
his
in
payment
quality
documents
string
above:
circle
agree
be
his
Tanker
place
invoice
a
his
to
in
between
for
payment/settlement
Tanker
of
circle
same
to
considered
the
clause,
to
the
receipts
based
same.
the
notice
are
due
the
country
the
his
the
shall
to
pay
invoice
his
the
clause.
an
receipts
received
of
passed
the
the
on
Buyers
term
is
obligations
circle
whereby
Sellers
obligations
for
of
not
be
period
last
string
of
string
by
or
by
string
of
whereby
have
or
the
circle
of
of
same
adjustment
confirmation
the
Seller
irrespective
immediate
buying
collection/delivery
back
a
same
delivered/collected/tendered,
all
is
invoice
shall
are
amount
by
of
the
from
circle's
by
origin,
each
official
or
received
been
Buyers
and
end
on
provisions
subject
shall
or
payment
place
accordingly.
be
each
a
documents,
the
over
contract
goods
presented
of
any
the
of
Sellers
to
end
on
notice
parties
based
respective
the
on
accordingly.
shipment.
respective
also
back
Seller
the
end
payment
the
selling
as
the
the
party
the
invoice,
during
on
that
shall
respectively.
the
Seller/Buyer
having
supplier
a
be
of
when
by
existence
in
deemed
shall
basis
quantity
document
the
shipper
Buyers
established.
to
involved
end
all
basis
Buyers
lowest
the
prices
15th
to
mean
of
the
shall
same
a
Default
receiver
or
subsequent
each
in
made
result
of
Seller/Buyer
different
and
shall
make
shall
and
same
day
of
the
any
acceptance
documents
the
collection/delivery
shall
parties
be
have
string
receiver
goods
a
amount
Buyer
by-pass:-
clause
when
along
of
within
present
to
Buyers
from
of
to
in
are
Sellers
period
Sellers
string.
payment
the
its
present
shall
selling
in
effect
quality
payment
to
shall
delivered/collect-
immediately.
subsequent
with
Seller/Buyer
been
the
the
contractual
the
the
the
shall
settled
circle
his
the
of
to
the
month.
125
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N
B
D
F