Urea Prilled 46% For Sale :
50K x 12 months at
price of $225 CIF
PLEASE BEFORE ISSUING
ANY DOCUMENT, OFFER, DRAFT , NCND, ...., PLEASE CONFIRM WITH THE BUYER
THE PROCEDURE AND THE PAYMENT TERMS, SEE BELOW:
Payment shall be effected by Confirmed,
Irrevocable, Transferable, Negotiable Letter of Credit that will be
renewable on a monthly shipment basis and of value of USD$ xxxxx USD$
(xxx,000) for a period of 12 months for monthly quantities, as per the
annexed shipment schedule, in multiples shipments of 25,000 MT. The
Auto Revolving Documentary Letter Of Credit (ARDLC) issued from the
buyers bank and destined to the sellers bank, assigned and financed in
it's totality, issued and guaranteed through one of the best known 50
World Prime Banks. 100% payable to the sellers bank, straight forward,
against the proof of documents of logistics and documents that need to
be presented to the bank, price CIF ASWP, according to contract
conditions.
Special
instruction: -----------SELLER---------c. must appear in the LC, BL, and
all documents pertaining these shipments.
PROCEDURES AND TIMING:
7.1. Seller issues draft Contract. Buyer shall
sign and return the draft Contract by E-mail to Seller, accepting all
the terms and conditions of the draft Contract along with complete
banking coordinates. If Buyer requires amendments, Buyer must present
for the Seller’s consideration and negotiation such amendments for
mutual agreement.
7.2. After mutual
contractual agreement, Seller submits Formal Contract to Buyer via
email. The Seller and Buyer lodges one copy with his bank and keeps one
copy for reference. The electronically exchanged documents are legally
binding.
7.3. Within seven (7)
International banking days after contract execution. Buyer’s Bank shall
issue draft DLC text for Seller’s approval. Within five (5) working
days upon receipt, verification, acceptance and authentication of L/C
text. Buyer issues non-operative, irrevocable, transferable, confirmed
letter of credit to Seller’s bank. Within five (5) working days
Seller’s bank issue to Buyer’s Bank “Partial Proof of Product“ it will
only be provided after receipt of financial instrument. On receipt of
DLC, the seller will post a performance bond equivalent to the sum of 2%
of the monthly shipment value making the DLC operative and payable.
7.4. Shipment and
delivery commence in good and true order in strict compliance with this
Contract.
7.5 If the DLC does
not reach our bank in 30 working days (no holidays and weekends) this
contract will be annulled. If extra time is required by the buyer, AGFE
will consider reactivation.
Thank you.
Jiri Kovarik & S. Valtera
E-mail:kovarikji@seznam.cz &
E-mail:stass96@rk6.org |
