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The Buyer:
Comercial Motors de Mexico SA de CV
Add:
México Tel: -
consignee phone:
Article 1.Commodity, Specifications, Quantity and Price:
Article 9. Force Majeure: Neither part shall be held responsible for failure of delay to
perform all of any part of the contract due to force majeure. However in such cases, the party
affected by the event shall inform the other part of its occurrence in writing as soon as
possible and thereafter send a certificate of the event issued by the relevant authority to the
other party.
Article 10. Arbitration Clauses: Any dispute arising out of in connection with this contract
shall be referred to China International Economic and Trade Arbitration Commission for
arbitration in accordance with its existing rules of arbitration. The place of arbitration shall be
BEIJING, and the language of arbitration is English. The arbitral award is final and binding
upon the two parties.
This Contract shall be governed by and interpreted in accordance with the laws of the People’
s Republic of China.
11.1 The Buyer, its subsidiaries, directors, officers, employees, agents or affiliates are not or
are not owned or controlled by any entity or individual who is the target or subject of
sanctions / restrictions (Hereinafter referred to as “Sanctions”) of the United Nations, the
European Union, the United States or other entities.
11.2 The Buyer shall not directly or indirectly use any funds arising from this contract to
finance the actions or business of, export re-export or transfer (domestic) or directly or
indirectly provide the Goods to the target or subject of Sanctions or use in other ways
prohibited by EAR (Export Administration Regulation) or other applicable export control or
economic sanctions laws and regulations.
11.3 The Buyer ensures compliance with the laws and regulations of the jurisdiction
applicable to this contract (related to sanctions, prevention of money laundering, terrorist
financing, bribery, and corruption). The Seller shall not be liable for any loss, damage, delay
or failure to perform its obligations resulting from any compliance action taken by the Seller
in its sole discretion.
IN WITNESS THEREOF, this Contract shall come into effect immediately after it is
signed by both parties in 【two】original in English, each party holds one original. The
copy has the same legal effect as the original. All the attachments of this contract are
the integral part of this contract and have the same force.
This Contract shall become effective as of the date it has been duly signed by authorized
representatives of both parties.