Tag: Mozambique

  • Unidroit Convention on International Financial Leasing

    Unidroit Convention on International Financial Leasing   CHAPTER I – SPHERE OF APPLICATION AND GENERAL PROVISIONS Article 1 1. – This Convention governs a financial leasing transaction as described in paragraph 2 in which one party (the lessor), (a) on the specifications of another party (the lessee), enters into an agreement (the supply agreement) with…

  • Unidroit Convention on International Financial Leasing

    Unidroit Convention on International Financial Leasing   CHAPTER I – SPHERE OF APPLICATION AND GENERAL PROVISIONS Article 1 1. – This Convention governs a financial leasing transaction as described in paragraph 2 in which one party (the lessor), (a) on the specifications of another party (the lessee), enters into an agreement (the supply agreement) with…

  • Unidroit Convention on International Factoring 2

    Unidroit Convention on International Factoring   CHAPTER III – SUBSEQUENT ASSIGNMENTS Article 11 1. – Where a receivable is assigned by a supplier to a factor pursuant to a factoring contract governed by this Convention: (a) the rules set out in Articles 5 to 10 shall, subject to sub-paragraph (b) of this paragraph, apply to…

  • Unidroit Convention on International Factoring 2

    Unidroit Convention on International Factoring   CHAPTER III – SUBSEQUENT ASSIGNMENTS Article 11 1. – Where a receivable is assigned by a supplier to a factor pursuant to a factoring contract governed by this Convention: (a) the rules set out in Articles 5 to 10 shall, subject to sub-paragraph (b) of this paragraph, apply to…

  • Unidroit Convention on International Factoring

    Unidroit Convention on International Factoring Note: Unidroit is the “International Institute for the Unification of Private Law.” Based in Rome. Their Internet address is www.unidroit.org. CHAPTER I – SPHERE OF APPLICATION AND GENERAL PROVISIONS Article 1 1. – This Convention governs factoring contracts and assignments of receivables as described in this Chapter. 2. – For…

  • Unidroit Convention on Agency in the International Sale of Goods 3

    Unidroit Convention on Agency in the International Sale of Goods   CHAPTER V – FINAL PROVISIONS Article 21 The Government of Switzerland is hereby designated as the depositary for this Convention. Article 22 (1) This Convention is open for signature at the concluding meeting of the Diplomatic Conference on Agency in the International Sale of…

  • Unidroit Convention on Agency in the International Sale of Goods 3

    Unidroit Convention on Agency in the International Sale of Goods   CHAPTER V – FINAL PROVISIONS Article 21 The Government of Switzerland is hereby designated as the depositary for this Convention. Article 22 (1) This Convention is open for signature at the concluding meeting of the Diplomatic Conference on Agency in the International Sale of…

  • Unidroit Convention on Agency in the International Sale of Goods 2

    Unidroit Convention on Agency in the International Sale of Goods   Article 13 (1) Where the agent acts on behalf of a principal within the scope of his authority, his acts shall bind only the agent and the third party if: (a) the third party neither knew nor ought to have known that the agent…

  • Unidroit Convention on Agency in the International Sale of Goods

    Unidroit Convention on Agency in the International Sale of Goods   CHAPTER I – SPHERE OF APPLICATION AND GENERAL PROVISIONS Article 1 (1) This Convention applies where one person, the agent, has authority or purports to have authority on behalf of another person, the principal, to conclude a contract of sale of goods with a…

  • Convention on Contracts for the International Sale of Goods

    United Nations Convention on Contracts for the International Sale of Goods   Article 95 Any State may declare at the time of the deposit of its instrument of ratification, acceptance, approval or accession that it will not be bound by subparagraph (1)(b) of article 1 of this Convention. Article 96 A Contracting State whose legislation…

  • United Nations Convention on Contracts for the International Sale of Goods 8

    United Nations Convention on Contracts for the International Sale of Goods   Article 87 A party who is bound to take steps to preserve the goods may deposit them in a warehouse of a third person at the expense of the other party provided that the expense incurred is not unreasonable. Article 88 (1) A…

  • United Nations Convention on Contracts for the International Sale of Goods 7

    United Nations Convention on Contracts for the International Sale of Goods   Article 77 A party who relies on a breach of contract must take such measures as are reasonable in the circumstances to mitigate the loss, including loss of profit, resulting from the breach. If he fails to take such measures, the party in…

  • United Nations Convention on Contracts for the International Sale of Goods 6

    United Nations Convention on Contracts for the International Sale of Goods   Article 67 (1) If the contract of sale involves carriage of the goods and the seller is not bound to hand them over at a particular place, the risk passes to the buyer when the goods are handed over to the first carrier…

  • United Nations Convention on Contracts for the International Sale of Goods 5

    United Nations Convention on Contracts for the International Sale of Goods   Article 55 Where a contract has been validly concluded but does not expressly or implicitly fix or make provision for determining the price, the parties are considered, in the absence of any indication to the contrary, to have impliedly made reference to the…

  • United Nations Convention on Contracts for the International Sale of Goods 4

    United Nations Convention on Contracts for the International Sale of Goods   Article 43 (1) The buyer loses the right to rely on the provisions of article 41 or article 42 if he does not give notice to the seller specifying the nature of the right or claim of the third party within a reasonable…