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Ex Works - EXW


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Old 04-19-2008, 12:20 AM
madeinchina madeinchina is offline
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Default Ex Works - EXW

A trade term requiring the seller to deliver goods at his or her own place of business. All other transportation costs and risks are assumed by the buyer.

Notes:
Contracts involving international transportation often contain abbreviated trade terms that outline matters such as the time and place of delivery and payment, the time when the risk of loss shifts from the seller to the buyer, and the party who pays the costs of freight and insurance.

The most commonly known trade terms are Incoterms, which are published by the International Chamber of Commerce. These are often identical in form to domestic terms, such as the American Uniform Commercial Code but have different meanings. As a result, parties to a contract must expressly indicate the governing law of their terms.

It's important to realize that because this is a legal term, its exact definition is complicated and differs by country. It is suggested that you contact an international trade lawyer before using any trade term.
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Old 04-19-2008, 12:27 AM
madeinchina madeinchina is offline
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“Ex works" means that the seller delivers when he places the goods at the dis?posal of the buyer at the seller' s premises or another named place ( i. e. wa&s, factory, warehouse, etc. ) not cleared for export and not loaded on any collecting vehicle.
This term thus represents the minimum obligation for the seller, and tile buyer has to bear all costs and risks involved m taking the goods from the seller's premises.
However, if the parties wish the seller to be responsible for the loading of the goods on departure and to bear the risks and all the costs of such loading, this should be made clear by adding explicit wording to this effect in the contract of sale1. This term should not be used when the buyer cannot carry out the export formalities directly or indirectly. In such circumstances, the FCA term should be used, provided the seller agrees that he will load at his cost and risk.
ATHE SELLER'S OBLIGATIONS
BTHE BUYER'S OBLIGATIONS
A1 Provision of goods in conformity with the contract
The seller must provide the goods and the commercial invoice, or its equivalent electronic message, in conformity with the contract of sale and any other evidence of conformity, which may be required by the contract.
B1 Payment of the price
The buyer must pay the price as provided in the contract of sale.
A2 Licences, authorisations and formalities
The seller must render the buyer, at the latter's request, risk and expense, every, assistance in obtaining, where applicable2, any export license or other official authorization necessary for the export of the goods.
B2 Licenses, authorizations and formalities
The buyer must obtain at his own risk and expense any export and import license or other official authorization and carry out, where applicable3 all customs formalities for die export of the goods.
A3 Contracts of carriage and insurance
Contract of carriage No obligation4.

a) Contract of carriage No obligation6.

The seller must place the goods at the disposal of the buyer at the named place of delivery, not loaded on any collecting vehicle, on the date or within the period agreed or, if no such time is agreed, at the usual tiny, for delivery of such goods. If no specific point has been agreed within the named place, and if there are several points available, the seller may se?lect the point at the place of delivery which best suits his purpose.
B4 Taking delivery
The buyer must take delivery of the goods where they have been delivered in accordance. with A4 and A7/B7.
A5 Transfer of risks
The seller must, subject to the provisions of B5, bear all risks of loss of or damage to the goods until such time as they have been delivered in ac?cordance with A4.
B5 Transfer of risks
buyer must bear all risks of loss of or damage to the goods from the time, they have been delivered in accordance with A4; and from the agreed date or the expiry date of any period fixed for taking delivery which arise because he fails to give notice in accordance with B7, provided, however, that the goods has been duly appropriated to the contract, that is to say, clearly set aside or otherwise identified as the contract goods.
A6 Division of costs

B6 Division of costsThe buyer must pay all costs relating to the goods from the time they have been delivered m accordance with A4; and any additional costs incurred by failing either to take delivery of the goods when they have been placed at his disposal, or to give appropri?ate notice in accordance with B7 provided, however, that the goods have been duly appropriated to the contract, that is to say, clearly set aside or otherwise identified as the contract goods; and where applicable8 , all duties, taxes and other charges as well as the costs of can" out customs formalities payable upon export.
The buyer must reimburse all costs and charges incurred by the seller in rendering assistance in accordance with A2.
A7 Notice to the buyer
The seller must give the buyer sufficient notice as to when and where the goods will be placed at his disposal.
B7 Notice to the seller
The buyer must, whenever he is entitled to determine the time within an agreed period and/or the place of taking delivery, give the seller sufficient notice thereof.
A8 Proof of delivery, transport document or equivalent electronic messages
obligation9
B8 Proof of delivery, transport document or equivalent electronic messages
5R7d/C0o9Ejlwatersports.comThe buyer must provide the seller with appropriate evidence of having taken delivery.
A9 Checking –packing–marking
The seller must pay the costs of those checking operations (such as checking quality, measuring, weighing, counting) which are necessary for the purpose of placing the goods at the buyer's disposal.

The seller must provide at his own expense packaging (unless it is usual for the particular trade to make the pods of the contract description avail?able unpacked) which is required for the transport of the goods, to the extent that the circumstances relating to the transport (for example modal?ities, destination) are made known to the seller before the contract of sale is concluded. Packaging is to be marked appropriately.
B9 Inspection of goods
The buyer must pay the costs of any pre shipment inspection, including inspection mandated by the authorities of the country of export.
A10 Other obligations
The seller must render the buyer at the latter's request, risk and ex?pense, every assistance in obtaining any documents or equivalent elec?tronic messages issued or transmitted in the country of delivery and/or of origin which the buyer may require for the export and/or import of the goods and, where necessary, for their transit through any country.
The seller must provide the buyer, upon request, with the necessary in?formation for procuring insurance.

The buyer must pay all costs and char" incurred m obtaining the docu?ments or equivalent electronic messages mentioned in A10 and reimburse those incurred by the seller in rendering his assistance in accordance therewith.
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