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Date: 10.12.1997 Country: Arbitral Award Number: S2/97 Court: Schiedsgericht der Börse für Landwirtschaftliche Produkte - Wien Parties: P. v. P. Citation: http://www.unilex.info/case.cfm?id=346

APPLICATION OF CISG - CHOICE OF LAW OF CONTRACTING STATE AS GOVERNING LAW OF THE CONTRACT CONTRACT FOR DELIVERY OF GOODS BY INSTALMENTS (ART. 73(2) CISG) - DEFINITION - LACK OF CONFORMITY OF FIRST TWO INSTALMENTS - AVOIDANCE OF CONTRACT FOR THE FUTURE - PROBABILITY OF FUTURE FUNDAMENTAL BREACH OF CONTRACT (ART. 25 CISG) LACK OF CONFORMITY OF DELIVERED INSTALMENTS - FAILURE TO GIVE TIMELY NOTICE WITH RESPECT TO DELIVERED INSTALMENTS (ART. 39(1) CISG) - BUYER DOES NOT LOSE ITS RIGHT TO AVOID CONTRACT FOR THE FUTURE BUYER'S FAILURE TO ACCEPT GOODS (ART. 60 CISG) - SELLER'S RIGHT TO DECLARE CONTRACT AVOIDED (ART. 64(1)(B) CISG)