Matchup of CISG Article 59 with ULIS/ULF

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Match-up of CISG Article 59 with ULIS provisions

"The wording of [CISG] Article 59 differs from that of Article 60 ULIS only in so far as the former expressly provides that the buyer's obligation to make payment does not depend upon any request by the seller. . . ." Hager in Commentary on the UN Convention on the International Sale of Goods, Peter Schlechtriem ed. (Oxford 1998) 476 [citations omitted].

    CISG Article 59                              ULIS Article 60

The buyer must pay the price on the      Where the parties have agreed upon
date fixed by or determinable from       a date for the payment of the price
the contract and this Convention         or where such date is fixed by usage,
without the need for any request or      the buyer shall, without the need for
compliance with any formality on         any formality, pay the price at that
the part of the seller.                  date.

Pace Law School Institute of International Commercial Law - Last updated June 17, 1998