(4)除经约定保险归买方投保者外，由卖方向中国的保险公司投保。如买方须增加保险额或须加保其他险，可于装船前提出，经买方同意后代为投保，其费用由买方负担。
Except where the insurance is covered by the Buyers as arranged, insurance is to be covered by the Sellers with a Chinese insurance company. If insurance for additional amount and/or for other insurance terms is required by the Buyers, prior notice to this effect must reach the Sellers before shipment and is subject to the Sellers’ agreement, and the extra insurance premium shall be for the Buyers’ account..
(5)买方须将申请许可证副本(经有关银行副署)寄给卖方俟许可证批出后再即用传真通知卖方，假如许可证被驳退，买方须征得卖方的同意方可重行申请许可证。
The Buyers are requested to send the Sellers authentic copy of the License-application (endorsed by the relative bank) filed by the Buyers and to advise the Sellers by fax immediately when the said License is obtained. Should the Buyers intend to file reapplication for License in cases of rejection of the original application, the Buyers shall contact the Sellers and obtain the latter’s consent before filing reapplication..
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