Fragile Goods
This clause specifies penalties for shocks caused to a fragile package in transport.
This clause specifies penalties for shocks caused to a fragile package in transport.
This clause specifies penalties for shocks caused to a fragile package in transport.
Liquidated Damages for Delayed Delivery.
In the event the EXW delivery date of the Equipment is delayed beyond the delivery schedule as indicated below, solely through the fault of "Dan" (the Seller), and unless the parties mutually agreed to an extension thereto, "Steve" (the Buyer) is entitled to claim liquidated damages in an amount equivalent to 200.00 USD. Prior to implementing the provisions of Article 16.4 pursuant to this section, Buyer agrees that it shall discuss with Seller alternate remedies in good faith.. . . .
The Equipment to be shipped to the Buyer shall be packed and shipped in accordance with the Specifications and if not specified therein.... Additionally the Equipment should have proper devices on it to record any shock during transportation as any instance of acceleration outside the bounds of -0.5g and 0.5g. Each shock shall reduce the Contract Price by 5.00 USD. Packing containing fragile materials should be so marked in bold stout letters. . . . .
Equipment Description, Contract Price and Delivery Schedule
Contract Price is 1000.00 USD per unit of Equipment. Delivery Schedule: no later than 10 seconds after initiation.
Liquidated Damages for Delayed Delivery.
In the event the EXW delivery date of the Equipment is delayed beyond the delivery schedule as indicated below, solely through the fault of "Dan" (the Seller), and unless the parties mutually agreed to an extension thereto, "Steve" (the Buyer) is entitled to claim liquidated damages in an amount equivalent to 200.00 USD.
Prior to implementing the provisions of Article 16.4 pursuant to this section, Buyer agrees that it shall discuss with Seller alternate remedies in good faith.. . . .
The Equipment to be shipped to the Buyer shall be packed and shipped in accordance with the Specifications and if not specified therein....
Additionally the Equipment should have proper devices on it to record any shock during transportation as any instance of acceleration outside the bounds of -0.5g and 0.5g.
Each shock shall reduce the Contract Price by 5.00 USD. Packing containing fragile materials should be so marked in bold stout letters. . . . .
Equipment Description, Contract Price and Delivery Schedule
Contract Price is 1000.00 USD per unit of Equipment.
Delivery Schedule: no later than 10 seconds after initiation.
Liquidated Damages for Delayed Delivery.
In the event the EXW delivery date of the Equipment is delayed beyond the delivery schedule as indicated below, solely through the fault of {{seller}} (the Seller), and unless the parties mutually agreed to an extension thereto, {{buyer}} (the Buyer) is entitled to claim liquidated damages in an amount equivalent to {{lateDeliveryPenalty}}.
Prior to implementing the provisions of Article 16.4 pursuant to this section, Buyer agrees that it shall discuss with Seller alternate remedies in good faith.. . . .
The Equipment to be shipped to the Buyer shall be packed and shipped in accordance with the Specifications and if not specified therein....
Additionally the Equipment should have proper devices on it to record any shock during transportation as any instance of acceleration outside the bounds of {{accelerationMin}}g and {{accelerationMax}}g.
Each shock shall reduce the Contract Price by {{accelerationBreachPenalty}}. Packing containing fragile materials should be so marked in bold stout letters. . . . .
Equipment Description, Contract Price and Delivery Schedule
Contract Price is {{deliveryPrice}} per unit of Equipment.
Delivery Schedule: no later than {{deliveryLimitDuration}} after initiation.
{
"$class": "io.clause.demo.fragileGoods.FragileGoodsClause",
"buyer": "resource:org.accordproject.party.Party#Steve",
"seller": "resource:org.accordproject.party.Party#Dan",
"deliveryPrice": {
"$class": "org.accordproject.money.MonetaryAmount",
"doubleValue": 1000,
"currencyCode": "USD"
},
"accelerationMin": -0.5,
"accelerationMax": 0.5,
"accelerationBreachPenalty": {
"$class": "org.accordproject.money.MonetaryAmount",
"doubleValue": 5,
"currencyCode": "USD"
},
"deliveryLimitDuration": {
"$class": "org.accordproject.time.Duration",
"amount": 10,
"unit": "seconds"
},
"lateDeliveryPenalty": {
"$class": "org.accordproject.money.MonetaryAmount",
"doubleValue": 200,
"currencyCode": "USD"
},
"contractId": "58baae29-2b60-4f4f-9777-f4282355157e",
"$identifier": "58baae29-2b60-4f4f-9777-f4282355157e"
}
namespace io.clause.demo.fragileGoods
import org.accordproject.contract.* from https://models.accordproject.org/accordproject/contract.cto
import org.accordproject.party.* from https://models.accordproject.org/accordproject/party.cto
import org.accordproject.runtime.* from https://models.accordproject.org/accordproject/runtime.cto
import org.accordproject.obligation.* from https://models.accordproject.org/accordproject/obligation.cto
import org.accordproject.money.MonetaryAmount from https://models.accordproject.org/money@0.2.0.cto
import org.accordproject.time.* from https://models.accordproject.org/time@0.2.0.cto
/**
* The status of a shipment
*/
enum ShipmentStatus {
o CREATED
o IN_TRANSIT
o ARRIVED
}
transaction DeliveryUpdate extends Request {
o DateTime startTime
o DateTime finishTime optional
o ShipmentStatus status
o Double[] accelerometerReadings
}
transaction PayOut extends Response {
o MonetaryAmount amount
}
/**
* The template model
*/
asset FragileGoodsClause extends Contract {
--> Party buyer
--> Party seller
o MonetaryAmount deliveryPrice
o Double accelerationMin
o Double accelerationMax
o MonetaryAmount accelerationBreachPenalty
o Duration deliveryLimitDuration
o MonetaryAmount lateDeliveryPenalty
}
Find the full logic for this template on on GitHub.
Type | Sample JSON |
---|---|
org.accordproject.runtime.State |
|
Type | Sample JSON |
---|---|
io.clause.demo.fragileGoods.DeliveryUpdate |
|
Type | Sample JSON |
---|---|
io.clause.demo.fragileGoods.PayOut |
|
Type | Sample JSON |
---|---|
org.accordproject.obligation.PaymentObligation |
|
Please refer to the Accord Project documentation for how to use a template or integrate it within your application.
View the Latest code for this template on GitHub.