Terms Of Service

KEMI TRADING LTD > Terms Of Service

I. The Seller undertakes to deliver and sell to the Buyer the following goods:

  1. A product that the customer has ordered, according to a request according to an established schedule, agreed between the parties within 15 days after the payment of the proforma invoice, called for brevity in this contract “goods” according to the unloading address.
  2. The price of the goods is negotiated, according to the proforma-invoice, EXW ex-factory of the Buyer, regardless of the quantity in the given requests.
  3. The value of the goods received in accordance with the established schedule will be paid at the agreed price in item 2 of this contract once in the following way: 100% advance no later than 4/four/ days from the issuance of a proforma invoice by the Seller by bank transfer for the requested quantity.
  4. The quality of the goods must meet the legally defined standards for this type of goods established in the country of the Seller.
    5./1/The Seller will hand over the agreed quantity to the Buyer in parts, upon a previously submitted written request by the Buyer.
    /2/The purchased and delivered goods must be accompanied by all necessary accounting documents: original export invoice, transport document, confirmation letter and weighing note.
    /3/The purchased and delivered goods must be accompanied by all necessary documents proving its origin and qualities.
  5. Transport costs are included in the price of the goods, and all other costs of accepting the goods are for the account of the Buyer.

II. RIGHTS AND OBLIGATIONS OF THE SELLER

  1. The seller has the right to receive the total amount of the purchased goods in the amount agreed with the proforma invoice for the goods, subject of the contract.
  2. The seller has the following obligations:
  • to hand over to the buyer the goods of the agreed quality.

III. BUYER’S RIGHTS AND OBLIGATIONS.

  1. The buyer has the right to receive the goods subject to this contract.
  2. The buyer has the right to export the goods with his own label and brand.
  3. The buyer has the following obligations:
  • to pay the agreed price in the amount, in the manner and in the term specified in this contract
  • The buyer is obliged to fulfill his obligations upon receiving the goods, when they are a necessary condition for the execution of this contract.
  • to confirm in writing the receipt of the goods by sending the original of 4 and 5 copies of the international waybill by courier or post or any other possible way.
  • up to 1 /one/ day before loading to send a request from his official e-mail or fax.
  • within 3/three/days of receiving the goods to send a confirmation letter from his official e-mail and an original subsequently by post or by any other possible means.

IV. PENALTIES.IV.

1./1/-/4/ In the event that the Buyer delays more than 4 (four) working days after receiving the proforma invoice to pay the requested amount, the Seller has the right to change the price of the requested goods after this period.

  1. Disputes arising from the interpretation or implementation of this contract shall be resolved by the parties by agreement, and when this proves impossible – in accordance with the Civil Procedure Code of the Republic of Bulgaria.
  2. For unsettled issues under this contract, the provisions of the Civil Code of the Republic of Bulgaria and the current legal acts will be applied.