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1. The Defendant’s KRW 1,172,233,765 as well as 6% per annum from July 19, 2016 to November 21, 2016 to the Plaintiff.
Reasons
1. The contract term under Article 3 is about 10 years from the date of the contract (from the date of the contract to December 31, 2018), and the contract term for the first unit price is about 2 years (from the date of the contract to the date of December 31, 2018), and the contract term for the first unit price is about 10 years (from the date of the contract to December 31, 2010), and the unit price contract term shall be one year in principle after the first unit price contract term.
Article 7. The contract date for the classification of contract unit price (total volume) between January 201 to December 2011, 2011, to December 2012, 2018 may be terminated on December 201, 201 as follows: (a) no high-end factory shall start at the same port or at the arrival of the port of the same sea; (b) no later than 6,500 tons; (c) 24,200/metric tons; (d) 11,500/metric tons of the renewed value-added tax for each year; (e) 6,000/metric tons of the renewed value-added tax for each year; (e) 23,700/metric tons of 11,00/metric tons of the renewed value-added tax for each year:
(2) If a Party breaches this Agreement and fails to remedy the breach within 30 days after receipt of a written notice from the other Party on the breach, the contract shall be terminated without a separate written notice.
(5) The buyer may also terminate the contract by giving notice to the supplier if:
- When the supplier supplies a product of subcontracted operations and other mines (e.g., mines not specified in the contract) without the buyer’s prior consent, when the buyer considers that the progress of the supplier’s mining development might result in a tiny supply and demand plan of the buyer due to a poor operation or managerial difference, the supplier’s false notification of the progress of the mine development or the supply and demand operation plan, or evades or interferes with the buyer’s confirmation, the supplier’s mining development and supply operation plan, including all accompanying documents of the complete agreement in Article 25, shall also be complete and final between the Parties to the production and supply of contracted goods and the performance of the service.