Trade Term Sample Clauses
A Trade Term clause defines the specific commercial terms under which goods or services are bought and sold between parties. It typically references standardized terms such as Incoterms (e.g., FOB, CIF), which clarify responsibilities for delivery, risk transfer, insurance, and costs. By clearly outlining these obligations, the clause helps prevent misunderstandings and disputes regarding logistics and financial responsibilities in a transaction.
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Trade Term. CIF Hamburg The above trade term shall be subject to the International Rules for the Interpretation of Trade Terms adopted by the International Chamber of Commerce effective January 1, 2000, including all amendments thereof (“INCOTERMS 2000”).
Trade Term. 2.1 This contract shall become effective immediately after being signed by both parties.
2.2 The Seller shall ship the equipment to the buyer’s work site and complete the installation within 60 days from the effective date.
2.3 The Seller’s technician shall inspect the power system in the Buyer’s work site and measure the current electricity usage 7 days before the installation. The Seller shall test the Equipment 7 days after the installation to make sure that the minimum energy saving rate of Equipment will reach to 8 %.
2.4 The warranty of the Equipment provided by the manufactory is 10 years. The Seller shall assist the Buyer to contact with the manufactory during that period.
2.5 The manufactory’s warranty shall include:
2.5.1 During the warranty period, the manufactory shall provide free repair or replacement for any damage occurred under normal operation after being inspected and confirmed by the Seller’s technical person.
Trade Term. It is not the intention of the Agreement to go into detailed descriptions of any materials and/or methods commonly known to the trade under "trade name" or "trade term." The mere mention or notation of such "trade name" or "trade term" shall be considered a sufficient notice to CONTRACTOR that it will be required to complete the work so named with all its incidental and accessory items according to the best practices of the trade.
Trade Term. GoerTek agrees to the trade term of:
(a) Air 'Free Carrier At'(FCA) Qingdao , as defined by Incoterms 2010, to Plantronics selected logistics provider in Qingdao for air shipment. GoerTek will ship Products by freight collect to the order of Plantronics to the destination specified in Plantronics' purchase order release.
(b) Ocean 'Delivered At Terminal' (DAT) Ensenada, Rotterdam or other ports specified by Plantronics , as defined by Incoterms 2010, to via ocean shipment. GoerTek shall pay for freight charges and insurance charges under the term. Insurance coverage is 110% of the value of a shipment. Freight and insurance rate shall be prior agreed by Plantronics. Plantronics shall reimburse GoerTek for the amount of freight charges and insurance charges ('DAT logistics charges') GoerTek paid. If GoerTek ships any Product by a method other than that specified in Plantronics' purchase order release or written instruction, GoerTek will reimburse Plantronics for any increase in the cost of freight over the cost which would have been incurred had GoerTek complied with Plantronics' instructions. Plantronics may make changes in the trade term, shipment method, packing or place of delivery. If Plantronics requests a change that causes an increase or decrease in the cost of or time for delivery, GoerTek will notify Plantronics of the cost or time changes within 3 days from the date of Plantronics' requested change. GoerTek must provide supporting documentation for the cost or time change.
Trade Term. The Transfer Price for Product purchased by Rohto hereunder shall be Free Carrier (“FCA”), Nuo’s Point of Shipment or other trade term the Parties agree.
Trade Term. FOB Shanghai The above trade term shall be subject to the International Rules for the Interpretation of Trade Terms adopted by the International Chamber of Commerce effective January 1, 2000, including all amendments thereof (“INCOTERMS 2000”).
Trade Term. CIF Antwerp
Trade Term. The Transfer Price for Product purchased by Boyalife hereunder shall be Free Carrier (“FCA”), Nuo’s Point of Shipment or other trade term the Parties agree.