Terms and Conditions Applied Sample Clauses

Terms and Conditions Applied. China Cotton Association - General Terms for Cotton Import shall be applied to this contract. 10 Other Agreements Signature of the Buyer: Signature of the Seller: CHINA COTTON ASSOCIATION General Terms for Cotton Import (Effective from 1st September, 2013) 1 Definition The following terms used in the China Cotton Association - General Terms for Cotton Import shall be defined as following: ◎ CIQ: China Entry-Exit Inspection and Quarantine ◎ USDA: United States Department of Agriculture ◎ NCL: No control limit is allowed. ◎ Notification: to notify the other party by fax, e-mail, or other methods. ◎ P grade: according to USDA universal standards, P grade stands for the 1/2 grade between two adjacent grades. For example, SMP is between GM and SM, MP is between SM and M, and so forth. ◎ Problematic xxxxx: xxxxx containing moldy cotton, water damaged cotton, oil stained cotton or burned cotton; xxxxx mixed with non-cotton substance, cotton linters, cotton waste or dangerous foreign matters; or xxxxx mixed with cotton in different grades, staple lengths or colors. ◎ Landed weight: the weight of goods certified by CIQ upon arrival. ◎ Weight tolerance ratio: the difference in percentage between invoice weight and contract weight against total contract weight. ◎ Moisture regain: the weight of water contained in the cotton fiber in percentage against the weight of fiber in completely dry condition. ◎ Universal standard bale: according to ISO 8115 of International Standard Organization, the cotton bale should be 1060-1400mm in length, 540mm in width and 700-950mm in height. ◎ Invoice back: this is a mechanism of settling the price difference between the market price of the cotton specified in the contract, or equal quality on the date of closure, and the original contract price, when a contract or part of contract has not been or will not be performed. ◎ Date of closure: this is the date when both parties knew, or should have known, that the contract would not be performed.
Sample 1
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Related to Terms and Conditions Applied

  • Definitions For purposes of this Agreement:

  • NOW, THEREFORE the parties hereto agree as follows:

  • Confidentiality (a) Subject to Section 7.15(c), during the Term and for a period of three

  • Entire Agreement This Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter contained in this Agreement and supersedes all prior agreements, understandings and negotiations between the parties.

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • General The Trustee shall keep proper books of record and account of all the transactions of each Trust under this Indenture at its corporate trust office, including a record of the name and address of, and the Units issued by each Trust and held by, every Unit holder, and such books and records of each Trust shall be open to inspection by any Unit holder of such Trust at all reasonable times during the usual business hours. The Trustee shall make such annual or other reports as may from time to time be required under any applicable state or federal statute or rule or regulations thereunder.

  • Governing Law This Agreement shall be governed by and construed in accordance with the laws of the State of New York.

  • Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

  • Term The term of this Agreement will be ten (10) years from the Effective Date (as such term may be extended pursuant to Section 4.2, the “Term”).

  • Miscellaneous The Vendor acknowledges and agrees that continued participation in TIPS is subject to TIPS sole discretion and that any Vendor may be removed from the participation in the Program at any time with or without cause. Nothing in the Agreement or in any other communication between TIPS and the Vendor may be construed as a guarantee that TIPS or TIPS Members will submit any orders at any time. TIPS reserves the right to request additional proposals for items or services already on Agreement at any time.

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