Common use of CIRCLE Clause in Contracts

CIRCLE. Where a Seller repurchases from its Buyer, or from any subsequent Buyer, the same goods or part thereof, a circle shall be considered to exist as regards the particular goods so repurchased, and the provisions of the Default Clause of FOSFA 53 shall not apply. (For the purpose of this clause, the same goods shall mean goods of the same description, of the same country of origin, same currency, of the same quality and, where applicable, of the same analysis warranty for delivery to the same port(s) of loading during the same period of delivery.)

Appears in 3 contracts

Samples: Associação Nacional, Associação Nacional, Associação Nacional

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CIRCLE. Where a Seller repurchases from its Buyer, or from any subsequent Buyer, the same goods or part thereof, a circle shall be considered to exist as regards the particular goods so repurchased, and the provisions of the Default Clause of FOSFA 53 4 shall not apply. (For the purpose of this clause, the same goods shall mean goods of with the same description, of the same country of origin, same currency, of the same quality and, where applicable, of the same analysis warranty for delivery to the same port(s) of loading during the same period of delivery.)

Appears in 1 contract

Samples: Associação Nacional

CIRCLE. Where a Seller repurchases from its Buyer, or from any subsequent Buyer, the same goods or part thereof, a circle shall be considered to exist as regards the particular goods so repurchased, and the provisions of the Default Clause of FOSFA 53 4 shall not apply. (For the purpose of this clause, the same goods shall mean goods of with the same description, of the same country of origin, same currency, ,of the same quality and, where applicable, of the same analysis warranty for delivery to the same port(s) of loading during the same period of delivery.)

Appears in 1 contract

Samples: Associação Nacional

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CIRCLE. Where a Seller repurchases from its Buyer, or from any subsequent Buyer, the same goods or part thereof, a circle shall be considered to exist as regards the particular goods so repurchased, and the provisions of the Default Clause of FOSFA 53 GAFTA 64 shall not apply. (For the purpose of this clause, the same goods shall mean goods of the same description, of the same country of origin, same currency, of the same quality and, where applicable, of the same analysis warranty for delivery to the same port(s) of loading during the same period of delivery.)

Appears in 1 contract

Samples: Associação Nacional

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