OTHER TERMS:
11.1. Buyer has to transfer money deposit 30 %to Seller within 3
days
11.2. Buyer must open L/C (70%) for guarantee trade to Seller
within 10 days after this agreement was made.
11.3. Buyer must assign international professional inspector
(at least 2 persons) whose the name must be prior specified
in Writing on L/C to be issued for QC inspection
Effective Date shall be from the Bill of Landing for the
Commodity is signed by the QC of the Buyer
11.4. In case of Seller is unable to deliver on time, Buyer must
extend schedule to 60 days. And /If Buyer request to export
Agarwood Chip to abroad, Seller must cooperate with relate
agency to get export permission.
This contract shall be governed by the laws of the Special Administrative Region of Thailand, and the Parties submit to the exclusive jurisdiction of the High Courts of Thailand
This Contract shall have two originals: one for each of Seller and Buyer. This Contract may be signed in counterparts, and shall take effect after it has been signed by both parties from the date of signing.