BLOCK 1. 1. Should the delay _____ the opening _____ the Letter _____ Credit exceed 20 days, Sellers shall have the right to refuse to deliver the goods which were to

1. Should the delay _____ the opening _____ the Letter _____ Credit exceed 20 days, Sellers shall have the right to refuse to deliver the goods which were to be paid _____ _____ _____ this Letter _____ Credit.

2. Payment _____ the goods sold _____ the present contract is to be effected _____ _____ an irrevocable confirmed Letter _____ Credit to be opened _____ Buyers _____US Dollars _____ … Bank _____ favour _____ Sellers _____ the value _____ each lot _____ the goods to be shipped plus 10 per cent.

3. Should Buyers fail to establish the Letter of Credit _____ time, they are to pay Sellers a fine _____ each day _____ the delay, but not more than _____ 20 days, _____ the rate _____ 0.1 per cent _____ the amount _____ the Letter _____ Credit.

4. The Insurance Policy is to be made _____ _____ the name _____ Buyers or another person _____ _____ their instructions and is to be sent together _____ other shipping documents.

5. _____ all the above cases demurrage and dead freight paid _____ Sellers _____ connection _____ the delay _____ the opening _____ the Letter _____ Credit are to be repaid _____ Buyers.

6. Payment _____ _____ the Letter _____ Credit is to be made _____ presentation _____ Sellers _____ the Bank _____ Foreign Trade _____ Russia _____ Moscow _____ the following documents: …

7. The goods are considered to be delivered _____ Sellers and accepted _____ Buyers _____ respect _____ quantity: as per weight indicated _____ the Bill _____ Lading _____ conformity _____ the measurements _____ the shore tanks _____ the port _____ loading.

8. The results _____ the analyses are considered final and binding _____ the parties.

9. The goods may be insured _____ war and other risks _____ special request _____ Buyers and _____ Buyers’ account.

10. These samples are to be sealed _____ Sellers as well as _____ the Master _____ the vessel.

11. 2 samples are to be handed _____ _____ the Master _____ the vessel _____ Buyers and the 2 other samples are to be retained _____ Sellers.

12. Previous _____ loading _____ the goods, 4 arbitration samples are to be taken _____ each _____ the shore tanks _____ which the goods are to be loaded _____ the carrying tanker.