REF:FS20241111SESAME-8
1.SELLER
2.BUYER
3. DESCRIPTION OF THE GOODS
4. SPECIFICATION OF THE GOODS
PURITY – % MIN
OIL CONTENT – % MIN
ADMIXTURE – % MAX
MOISTURE % MAX
FFA % MAX
5. QUANTITIES
MT
MORE OR LESS 5% ALLOWED
6. PACKAGING
IN 50KGS NET WEIGHT EACH IN NEW PP BAG
7. PRICE
USD/MT
8. SHIPMENT
LOADING PORT:
DISCHARGE PORT:
SHIPMENT TIME: NO LATER THAN
PARTIAL SHIPMENT:
TRANSSHIPMENT:
9. TOTAL AMOUNT
USD
10. PAYMENT
THE BUYER SHOULD PAY ACCORDING TO THE INVOICE INSTRUCTION.
% ADVANCE PAYMENT AGAINST THE SIGNED CONTRACT.
% BALANCE PAYMENT AGAINST THE SACN COPY OF ORIGINAL DOCUMENTS.
11. DOCUMENTS
(1) 3 ORIGINAL COMMERCIAL INVOICES;
(2) 3 ORIGINAL PACKING LIST;
(3) CERTIFICATE OF ORIGIN (FORM DFT-DUTY FREE TREATMENT), IN 1 ORIGINAL (YELLOW PAGE), DUPLICATE AND TRIPLICATE (2 GREEN PAGES);
(4) INLAND TRANSPORT CERTIFICATE ISSUED BY LICENSED TRANSPORTER
(5) PHYTOSANITARY CERTIFICATE;
(6) CERTIFICATE OF FUMIGATION;
(7) CERTIFICATE OF WEIGHT AND QUALITY IN ISSUED BY INDEPENDENT SURVEYOR;
(8) FULL SET 3/3 OF CLEAN ON BOARD OCEAN BILLS OF LADING.
12. FORCE MAJEURE
NEITHER PARTY SHALL BE HELD RESPONSIBLE FOR FAILURE OR DELAY TO PERFORM ALL OR ANY PART OF THIS CONTRACT DUE TO FLOOD, FIRE, EARTHQUAKE, SNOWSTORM, DROUGHT, HAILSTORM, HURRICANE, WAR, GOVERNMENT PROHIBITION, OR ANY OTHER EVENTS THAT ARE UNFORESEEABLE AT THE TIME OF THE EXECUTION OF THIS CONTRACT AND COULD NOT BE CONTROLLED, AVOIDED OR OVERCOME BY SUCH PARTY. HOWEVER, THE PARTY WHO'S PERFORMANCE IS AFFECTED BY THE EVENT OF FORCE MAJEURE SHALL GIVE A NOTICE TO THE OTHER PARTY OF ITS OCCURRENCE NOT LATER THAN 15 DAYS AFTER ITS OCCURRENCE.
13. CLAIMS
SHOULD THE QUALITY, SPECIFICATIONS, QUANTITY, WEIGHT AND PACKING BE FOUND NOT IN CONFORMITY WITH THE STIPULATIONS OF THIS
CONTRACT, THE BUYER SHALL GIVE A NOTICE OF CLAIMS TO THE SELLER AND SHALL HAVE THE RIGHT TO LODGE CLAIMS AGAINST THE SELLER WITHIN 90 DAYS FROM THE DATE OF THE COMPLETION OF UNLOADING OF THE GOODS AT THE PORT DESTINATION.
14.ARBITRATION
THIS CONTRACT IS GOVERNED BY THE ARBITRATION RULES OF SINGAPORE AND SUBJECT TO REPUBLIC OF SINGAPORE JURISDICTION AND THE SAME SHALL BE APPLICABLE IN THE UNLIKELY EVENT THAT THE SELLER AND THE BUYER ARE UNABLE TO RESOLVE THEIR DISPUTES THROUGH AMICABLE MUTUAL DISCUSSIONS.
15.RULES AND REGULATION
THIS CONTRACT IS GOVERNED BY INCOTERMS 2000.