All letters of credit in this agreement must be in the following format: Transferable – subdisible – operational – Confirmed – irrevocably – unconditional buyer who does not comply with the procedures described below, etc., this agreement is automatically terminated THE PARTIES TO THIS CONTRAT DECLARE THAT YOU HAVE ALL TO EXECUTE THIS DOCUMENT AND BE CONFORME. LATEST CROP SUGAR SHOULD BE EXTRACTED FROM SOUND, UNFERMENTED AND UNDECAYED SUGAR CANE. SUGAR SHOULD BE CLEAN WITHOUT FOREIGN BODY, TASTE OR SMELL AND HAVE THE CHARACTERISTIC SWEET TASTE OF WHITE SUGAR, WHETHER DRY OR IN SOLUTION. ARTICLE 39 OF THE UNITED NATIONS CONVENTION. OTHER APPROPRIATE PERIODICITY WILL BE DEEMED TO BE FIVE (05) INTERNATIONAL BANKING DAYS. IF THE SELLERS FAIL TO MAKE DELIVERY ON TIME AS STIPULATED IN THE CONTRACT, WITH EXCEPTION OF FORCE MAJOR CAUSES SPECIFIED IN CLAUSE OF THIS CONTRACT, THE BUYER WILL AGREE TO POSTPONE THE DELIVERY ON CONDITION THAT THE SELLER AGREES TO PAY A PENALTY WILL THAT BE DEDUCTED BY THE PAYING BANK FROM THE PAYMENT UNDER NEGOTIATION. 2% AND THE PENALTY CANNOT EXCEED 0.2% OF THE TOTAL VALUE OF THE CONTRACT PER WEEK. THE PENALTY RATE IS CALCULATED AT 0.2% PER WEEK, CALCULATED ON THE AMOUNT OF THE CURRENT DELIVERY OF GOODS PARTICIPATING IN THE LATE DELIVERY. IN CASE THE SELLER FAILS TO DELIVER TEN WEEKS LATER THAN THE TIME OF SHIPMENT STIPULATED IN THE CONTRACT, THE BUYER WILL HAVE THE RIGHT TO CANCEL THE CONTRACT AND THE SELLER IN SPITE OF THE CANCELLATION, WILL STILL PAY THE AFORESAID PENALTY TO THE BUYER WITHOUT DELAY.

WE HAVE GUARANTEED DELIVERY OF 12,500MT FROM THE 1ST MONTH, SO MINIMAL MODIFICATIONS POSSIBLEPENDING ON THE REFINERIES PRODUCTION CAPABILTIES. THE SBLC MUST ENTER THE SALES ACCOUNT UNTIL THE DATE OF 15/01/2019 WHITE REFINED SUGAR ICUMSA 45 – MUST COMPLY WITH THE FOLLOWING INTERNATIONAL STANDARD SPECIFICATIONS AND/OR SPECIFICATIONS, FIT FOR HUMAN CONSUMPTION THE PARTY THAT DOES NOT USE THE DATA AND PROCEDURES DECONTRACT, BECOMES THE OTHER PART OF THE PROBLEM OF CASE SOLVING CAN NOT BE DONE IN AN AMICABLE WAY, BOTH PARTIES AGREE TO ALLOW SOLVING BY THE INTERNATIONAL ARBITRATION ASSOCIATION CHAMBER, GENEVA, CONTRACT. THE SELLER HAS THE RIGHT TO DEMAND COMPENSATION FROM THE BUYER FOR NON-COMPLIANCE WITH CONTRACTUAL PROCEDURES. THE PARTY THAT INVOKES FORCE MAJEURE OUTSIDE OF NATURAL CAUSES, EARTHQUAKE, STORMS, OR FIRE THROUGH (ACT OF GOD), OR DECLARATION OF WAR, CIVIL WAR, MILITARY ACTION, GOVERNMENT EMERGENCY ACTIONS, STOP ORDER, STRIKE IS OBLIGATED TO LET THE OTHER PARTY KNOW ABOUT IT ON A PERIOD OF FIVE (5) DAYS, CONDITIONS PERMITTING, AND HAS TO TAKE ALL CLAIM ARISING OUT OF OR RELATING TO THIS CONTRACT, OR THE BREACH, TERMINATION OR INVALIDITY WILL BE SETTLED BY ARBITRATION IN ACCORDANCE WITH THE I.C.C TRALE ARBIT. THIS CLAUSE IS EXTENSIVE TO ALL SUBSIDIARIES AND OR AFFILIATED COMPANIES AND INCLUDES AND PROTECTS THE INTERMEDIARY COMPANIES, ACTING AS BROKERS. IT WAS ALSO AGREED THAT ALL INFORMATION CONTAINED IN THIS AGREEMENT REGARDING BUYERS AND SELLERS MUST BE TREATED IN A STRICTLY CONFIDENTIAL MANNER AND THAT ANY BREACH OF THIS CONTRACT WILL LEAD TO THE IMMEDIATE TERMINATION OF THAT CONTRACT AND THE PAYMENT OF A PENALTY EQUAL TO 5% OF THE GROSS VALUE OF THE CONTRACT BY THE COMPLAINANT.

||||| Like It 0 Sehr geil! |||||