Delivery Dates

The equipment specified in Clause 1 of the present Contract is to be delivered complete as follows: ____________________________________

By the time stipulated the equipment is to be manufactured in accordance with the Contract conditions, tested, packed, marked and delivered f.o.b. _________________

All the questions connected with shipment of the goods are to be settled in accordance with the Buyers’ Forwarding Agent: __________. By the first of the month preceding the month of delivery the Sellers are to notify the Buyers by cable about the date of the readiness of the goods for shipment from the port station the weight and the cubic volume of the cargo. The same notification is to be sent to the Buyers’ Forwarding Agent. Within 24 hours after shipment of the goods the Sellers are to let the Buyers know by fax the date of shipment, Contract and Trans numbers, the number of the Bill of Lading, the denomination of the equipment, the quantity of the vessel and the port of destination. The above fax notification must be confirmed by a letter. The delivery date is understood to be the date of the “clean-on-board” Bill of Lading issued in the name of the Buyers, destination Port of UK. If on the expiration of 30 days from the date of the readiness of the goods for shipment the shipping facilities are not available and so the goods cannot be shipped from the port of __________ the Sellers have the right to hand over the goods to the Buyers’ Forwarding Agent. In this case the date of the Forwarding Agent's receipt is considered to be the date of delivery. After handing over the goods to the Buyers’ Forwarding Agent all the expenses connected with the storage of the goods up to the moment of loading them on board a ship are to be covered by the Buyers. However it does not release the Sellers, at their own expense, to secure and to stow them in the hold and / or on deck of the ship and etc. in accordance with Clause 2 of the present Contract. If the goods are not ready for shipment by the date of arrival of the vessel the Sellers are to cover the losses the Buyers may sustain in connection with demurrage and / or underloading of the ship (dead freight).

Example 2.