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Contract - FOOK

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0% found this document useful (0 votes)
93 views4 pages

Contract - FOOK

Uploaded by

xinxuchen223
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 4

SALES CONTRACT

Contract No: FA070424

PARTIES

- This Sales Contract (hereinafter referred to as the “Contract”) is entered into on _07 APR
2024 (the “Effective Date”), by and between

- FOOK CHUEN HING TRADING LIMITED, (hereinafter referred to as the “Seller”)

- and

- ASTRA GLOBALTRADING CO LLC , (hereinafter referred to as the “Customer”) (collectively


referred to as the “Parties”).

GOODS AND PRICE

- The goods that the Seller is selling to the Customer are enlisted below with their quantities
(hereinafter referred to as the “Goods”).

Good Quantity Price per unit Total Price $


(Square Meter)

big slabs marble stone 5000 25 125000


CSN24056AS

Fully polished big 10000 25 250000


slab tiles

CSN24068AS

Matt finish terrazzo 22724 7 159068


tiles
lsz8438r10

subtotal 534,068 $

PRICE AND PAYMENTS

- The Seller hereby agrees to sell the Goods to the Customer for an amount of USD 534,068.

- The Seller will provide an invoice to the Customer at the time of the delivery.

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- All invoices are to be paid in full at least within thirty (30) days.

- Any balances not paid within thirty (30) days will be subject to a five percent (5%) late
payment penalty.

DELIVERY AND SHIPPING

- The delivery of the goods (hereinafter referred to as the “Delivery”) will be at the location
Jebel Ali Port.

- The shipping method will be sea transport and supplier will be responsible for the costs of the
shipment.

WARRANTIES

- Except as expressly set forth in this Agreement, the Parties acknowledge and agree that the
Goods are provided as is.

- Except for the express warranties set forth herein, neither party makes any representations or
grants any warranties, express or implied, either in fact or by operation of law, by statute or
otherwise, and each party specifically disclaims any other warranties, whether written or oral,
or express or implied, including any warranty of quality, merchantability, or fitness for a
particular use or purpose or any warranty as to the validity of any patents or the non-
infringement of any intellectual property rights of third parties.

INSPECTION

- Hereby, the Customer acknowledges that it has relied solely on the investigations,
examinations, and inspections that the Customer has chosen to make and that the Seller has
afforded the Customer the opportunity for full and complete investigations, examinations,
and inspections.

RISK OF LOSS AND TITLE

- The risk of loss or damage for the goods will be on the Seller until the goods pass upon
delivery to the Customer or its designee.

- The Title of the goods will also remain with the Seller until the goods pass upon delivery to
the Customer or its designee.

DELAY OR FAILURE TO PERFORM AND FORCE MAJEURE

- Under no circumstances will the Seller be held liable to the Customer for any delay that may
occur, non-delivery or an arising fault of this Agreement that may be due to any labour
dispute, shortage in transportation, delay or shortage of materials to produce the Goods, fires,
accidents, Acts of God, or any other causes outside Seller’s control. The Seller will notify the

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Customer immediately upon realization that it will not be able to deliver the Goods as
promised. Upon such notice, either Party may terminate this Agreement.

TERMINATION

- This Agreement may be terminated by either party or both Parties at any instant provided that
the terminating party provides a written notice of termination 7 days in advance.

LIMITATION OF LIABILITY

- Under no circumstances will the Seller be liable for any indirect, special, consequential, or
punitive damages (including lost profits) arising out of or relating to this Agreement or the
transactions it contemplates (whether for breach of contract, tort, negligence, or other form of
action).

GOVERNING LAW

- This Agreement shall be governed by and construed in accordance with the laws of
HongKong.

AMENDMENTS

- The Parties agree that any amendments made to this Agreement must be in writing, where
they must be signed by both Parties to this Agreement.

- Accordingly, any amendments made by the Parties will be applied to this Agreement.

SEVERABILITY

- In the event that any provision of this Agreement is found to be void and unenforceable by a
court of competent jurisdiction, then the remaining provisions will remain in force in
accordance with the Parties’ intention.
ENTIRE AGREEMENT

- This Agreement contains the entire agreement and understanding among the Parties hereto
with respect to the subject matter hereof, and supersedes all prior agreements,
understandings, inducements and conditions, express or implied, oral or written, of any
nature whatsoever with respect to the subject matter hereof. The express terms hereof control
and supersede any course of performance and/or usage of the trade inconsistent with any of
the terms hereof.
FORCE MAJEURE

- The Seller will not be liable for delays in performance or for non-performance due to
unforeseen circumstances or causes beyond the Seller’s reasonable control.

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SIGNATURE AND DATE

- The Parties hereby agree to the terms and conditions set forth in this Agreement and such is
demonstrated throughout their signatures below:

CUSTOMER SELLER

Name:ASTRA GLOBALTRADING CO LLC Name:FOOK CHUEN HING TRADING LIMITED


Signature:_________________________
Signature:_________________________ Date: 07/04/2024
Date: 07/04/2024

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