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In these Principles
- "court" includes an arbitral tribunal;
- where a party has more than one place of business the relevant "place of business" is that which has the closest relationship to the contract and its performance, having regard to the circumstances known to or contemplated by the parties at any time before or at the conclusion of the contract;
– “long-term contract” refers to a contract which is to be performed over a period of time and which normally involves, to a varying degree, complexity of the transaction and an ongoing relationship between the parties;
– “obligor” refers to the party who is to perform an obligation and “obligee” refers to the party who is entitled to performance of that obligation;
– “writing” means any mode of commun-ication that preserves a record of the information contained therein and is capable of being reproduced in tangible form.

Number Issue # Cases
1 Meaning of "court"
2 Concept of "place of business"
3 "Obligor" and "obligee" defined
4 Long Term Contract 1
4.1 Long Term Contracts in General
4.2 Relational Contracts
5 Meaning of "writing"
5.1 Communications by telegraph or telex
5.2 Communications by other means (facsimile, electronic data exchange, etc.)
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