Viii. Real right transfer and risk transfer 1. If Party B or entrusts a third party delivers the products to the place designated by Party A, the risk of the products shall be transferred to Party A together after the products are delivered to the place designated by Party A. 2. If Party A picks up the products to a third party designated by Party B, the risk of the products shall be transferred from when Party A completes the self-pickup. 3. Upon receipt of all the payment paid by Party A, the ownership of the products shall be transferred to Party A (except for the transfer of the right of goods in writing). |
Ix. Liability for breach of contract 1. If Party A fails to pay the payment (including the performance security) in full on time, it shall pay Party B according to the amount of 10.5% for the contract price; the delay For 10 natural days, Party B shall have the right to suspend the delivery of the undelivered products and shall not be deemed as a breach of contract by Party B; for 15 natural days, Party B has the right to terminate the Contract for the remaining products not delivered, and Party B has the right to require Party A to pay 20% of the total contract price. If the loss caused by Party B exceeds the scope of the aforementioned liquidated damages, Party B shall have the right to recover from Party A beyond the scope. For the aforementioned losses, the seller shall be entitled to deduct the same amount from the advance payment or the performance security (if any). 2. If Party A fails to perform the delivery / receiving obligations, party A shall pay the liquidated damages to the standard of 10.000; if the total period per day exceeds 8 natural days, Party B shall be deemed to require Party A to demand Party A to pay the liquidated damages of 20% of the amount of the delivery / harvest products. From zero party allowed to fulfill the delivery / receiving obligations on the same day, the product risk transfer party a, the contract acceptance period, settlement payment period, at the same time, party b shall have the right to transfer library, deposit, so freight, storage fee (3 yuan / ton / day, specific shall be subject to actual), deposit fee, spread loss, cargo loss and other risk responsibility shall be borne by party a. 3. Party B shall have the right to suspend the delivery: including but not limited to if Party A fails to pay the payment on time, Party A fails to perform the obligation of signing for the products, and Party A fails to perform the obligation of account checking. If Party B suspthe delivery of the goods for the above reasons, Party A shall not hold Party B liable on this reason or request to reduce or cancel the order, otherwise Party A shall be liable for breach of contract as agreed herein. 4. If Party A unilaterally terminates the contract / order (including part or all), Party B shall have the right to require Party A to pay 20% of the total contract price as liquidated damages. If the loss caused by Party B exceeds the scope of the aforementioned liquidated damages, Party B shall have the right to recover from Party A beyond the scope. Party B shall have the right to deduct the aforementioned losses in an equal amount from the advance payment or the performance security deposit (if any). 5, the loss under this contract, including but not limited to direct / indirect losses, compensation for breach of contract, the third party of damages, personal / property damages, case fee, investigation, notary fees, attorney fees: at the same time party a clear liquidated damages standard in this contract of legal consequences, and give up the request the trial organization to adjust the loss calculation standard. 6. If Party B maliciously delays in delivering the products, it shall pay liquidated damages to Party A at the rate of the loan market quoted interest rate (LPR) based on the overdue contract price of the products for each overdue day. |