Page 51 - MEOMA Handbook

J
n
j
J
J
n
]
J
n
1
FORCE
DEFAULT
DELIVERY
DOMICILE
MAJEURE
EXTENSION
INSURANCE
COLLECTIONI
BANKRUPTCY
OF
7.
8.
9.
10.
11.
12(a)
If
If
If
If
In
or
the
by
his
First
any
shall
value
This
the
pass
have
cakes
apply
Should
7
being
Buyers
subject
cancel
Sellers
Buyers
basis
contract
commit
a
solvent
a
Should
basis
contract
contract
consider
at
before
awarded
payment
Laws
constitute
for
telegram,
discretion
to
default
debts
are
of
purchase.
applicable.
the
lock-outs,
discretion,
the
must
an
(hereinafter
and
and
of
a
risk.
failing
of
of
If
defaulter
an
the
the
purchase,
Government
of
or
construction,
be
price
contract
act
sale
extended
calendar
civil
his
period,
point
shall
default
the
lorry(ies)/coastal
or
collection/delivery
of
mutual
against
of
Collection/delivery
quantity.
is
that
Receiver
sale
e-xecutiveor
award
company
or telex,
resolution
who
of
if
weighed
and
official
Buyers.
default,
Sellers,
the
referred
contract,
and
if
days
shall
validity
he
to
is
at
party
Malaysia.
the
for
Non-collection/delivery
effected
debts,
amicable
fulfilment
period
-
to
fulfilment
within
the
or
shall
shall
any
vessel
the
must
go
be
of
no
is
time
they
by
as
has
collection/delivery
the
of
neither
of
and
Malaysia
the
48
on
unless
liable
at
delivered,
be
circumstances
additional
legislative
do
agreement
be
commotions,
for
appointed,
the
Buyers
and
the
this
of
into
bankruptcy,
ex-mill,
be
the
to
this
market
defaulter
48
of
in
default
the
for
act
convene,
moratorium,
right
and
the
not
he
the
last
penalty.
settlement,
pay
hours,
deemed
to
the
difference
riots,
or
purpose
the
demand
notify
collection/delivery
call
the
price
cakes
shall
otherwise
suspended
day
in
done
contract
to
weighed
have
delayed
be
shall
of
writing
clause
cakes
damages.
sell
extended
reside
or
shall
performance
completed
request
of
any
contract
liquidation
above
~fte:
any
or
a
be
on
in
be
by
In
at
at
the
by
or
be
weighbridge.
make
floods,
of
default
of
the
hold
b~
shall
shall
have
the
moment
full,
the
the
a
right
account
period)
least
collection/delivery
cause
within
giving
be
limited
is
payments
day
5
the
determined
Sellers
changed
of
justify
end
at
determined
been
apply.
not
to
.either
or
transport
of
Damagesto
purchase
gOodthe
(except for
contract
the
it,
by
deemedto
thereof shall
of
by
by
a
b~ dissatisfied
could
as
notice
the
be
BUYers,full
be
that
reco~~truction or
be
loss,
party,
the
cakes
made
same town,
they
Sellers
in
costs
Working
curfew,terrorist
be
the
with
if
he
default
exercised,
his creditors that
meetingeither
mutual
in
month.
mutual
comprehend
and
petition presentedfor
the
either party shall
restrictionimposedby
is
risk
Contract
are
he
the
of
Weighbridge
may,
in
have
but
the
days
case
from
voluntary
or
eXCeeding 7
any,
is
payment
arbitration.
computed
if
governed
at
shall
his
BuyerS/Sellers
writing,
actions,
the
differences
the
on
the
upto
on
extended
other
in
war,hostilitiesof blockades
the
price
about
of
on
extended
may
prior
winding
be
the
or
The
Malaysia
month.
suspend
loaded
of
all
to
their
the
amalgamation)
agreement
right
to
to
winding
agreement
unable
fire
the
the
up
term
be,
new
calendar
such
damages
by
cakes
behalf
party
a
or
to
creditors
or
period
up
if
and
such
into
between
of
treated
at
point
r'evolution
whichever
sale
either
or
are
of
point
expiry
days.
strikes
arbitrators
"force
respects
the
suspend
the
shall
shall
specific
payment,
damages
against
to
absolute
cable,
as
the
meet
a
or
his
the
to
sale
shall
any,
o~
the
between
contract
period
at
between
However,
of
is
of
i09
104
105
107
108
98
106
103
97
99
88
89
90
92
93
96
102
101
100
91
94
95
85
77
87
83
82
86
79
81
80
78
84
71
72
73
74
76
70
75
64
62
65
66
63
68
69
67
,.
I,
&
;
I
~,
0
I
~.
f
J
it'
~:
~
_"
l'
g
["
~.
~
I-
(\.
[,
r
f
f:
~' f
~
B
~
&
~
,
,
l
f,;
'R
~,
~
r'
i
~
f
i
I
!
~o
f
f
.: -.'."""'~'.• ~.~..
f.:
I
f
ri
~.
~
r:
~
,
~'.
F-
(
1.:
t-:
~., ..,o
'U' I
.
~: -.
fo,·.. · '0
•.~.'
.
~~.~.. .';::'.;, '".:~.,,:." .'~~ ;.: "'~.:'" ' ' ••.. "-
?,