SOFT CORPORATE OFFER (SCO)
We the undersigned Iberenterprise Group hereby confirm with full legal and corporate responsibility
and under penalty of perjury that we are ready to mediate the sale of commodity in the quantity and
for the price as specified in the Terms and Conditions stated below: This representation is made with
full corporate authority and responsibility of the above-named company.
Buyer Company: J & D EXPORTS INC Via: Roberto Francisco
Reference: 2023/1798
Date: 30/10/2023 Validity: 5 days
Commodity: SUGAR IC 45
Total Contract (+/- 5%): 150.000 MT
Month Delivery: 12.500 MT
Duration of Contract: 12 Months C7500
Packing: 50 kg bags- strapped at 1 MT or big bag 1 MT. Full on vessel
Price: US $ 410.00
SBLC MT 760
The bank instrument must be transferable, irrevocable, divisible, operative, and
confirmed by top 50 world bank (if buyer’s bank is not a top 25/50 world bank
Payment Terms: buyer will have instrument advised to seller from buyers correspondent bank and
a top 25/50 world bank), for 12 months, each shipment MT 103 against shipping
documents, at the port of loading.
Origin: BRASIL
Iberenterprise group is a seller mandate.The contract is made directly with the
Other information: seller, who has the quota of the refinery. GACC mentioned in FCO.
The refinery does not accept regular visits, so it is difficult to make video and
photographic PPOP, in time to follow with the purchase process. We provide PPOP
PPOP / POP: allocation letter after pre advice SBLC MT 199. POP is made by SGS during the
loading of the vessel, where the buyer's representative is invited to be present at the
loading port.
Insurance: 110% of the Commercial Invoice value.
Within fifteen days after the operative financial instrument. Not applicable to SPOT
Performance bond 2%: offers or TT payment.
Incoterm: CIF ASWP
Due to data protection law (LNo. 13.709, of August 14, 2018) and I.C.C regulations,
Past Performance we are prohibited from doing PP (Past Performance).
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PROCEDURES:
1 - Buyer send LOI
2- Seller mandate send SCO
3 - Buyer send ICPO on behalf of Iberenterprise Group, as per SCO received + Company registration +
Passport + BCL RWA or other POF
4 - Both parties involved sign NCNDA.
5- Seller send FCO and buyer sign and return.
6- Seller sends Draft SPA (Sales Purchase Agreement) within two (2) business days. Buyer reviews, and
makes necessary corrections to the Draft SPA, and then signs and returns it to the Seller. TheSeller
reviews and sends the final SPA. Both sign and stamp.
7- Until 3 days after signing the SPA, the buyer issues a financial instrument draft for the seller's
approval. 7 to 10 days after signing the SPA, the buyer must issue the financial instrument
according to the draft, confirmed by the world top bank 25/50.
8- Shipment commences as agreed within the SPA usually within (15-25 days) depending on the Port,
and after confirmation of the Operative Instrument is confirmed by Seller’s Bank.
9- PB 2% Within seven to fifteen days after the operative financial instrument. Not applicable to
SPOT offers or TT payment.
10- At time of charter party determination, the Seller will provide delivery details to the Buyer. Selleralso
provides arrival of the vessel and all other pertinent matters if applicable.
11- The ship is loaded, in the presence of the SGS, which will certify, issuing the POP. the buyer is
invited to be present when the vessel is loaded, at the port of origin.
12- All subsequent shipments will follow the same procedure if applicable.
13- All shipping documentation will be delivered to the bank, within 5 working days the seller will
receive payment MT103.
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PACKAGING:
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SPECIFICATION:
Refined Brazilian Sugar
ICUMSA 45
1 Product/ Commodity: White Refined Sugar (ICUMSA 45)
2 Origin: Brazil
3 Specifications: Fit for Human Consumption
4 Polarity at 20C: 99.80 Min.
5 Ash Content: 0.04% Max.
6 Moisture: 0.04% Max.
7 Solubility: 100% Dry and Free Flowing
8 Granulation: Fine
9 Icumsa: Max 45 ICUMSA, Attenuation Index Method No. 4 – 1978
10 Sediments: None
11 Color: Crystal Sparkling White
12 Crop: Correspondent for The Year in Course
13 So: Mg/Kg 20
14 Radiation: Normal International/Without Presence of Cesium or Iodine
15 Iodine: Certified
16 Smell: Free of Any Smell
17 Reducing Sugar: 0.010% Max
18 Substance: Solid Crystal
19 Max AS: 0.5 P.P.M.
20 Max OS: 2 P.P.M.
21 Max CU: 1 P.P.M.
22 HPN: Staph Aureus Nil
23 Mold & Yeast UFC/10g 10 Maximum Cubed
Phytosanitary Certificate of No Radiation, No Virus, No Insect
24 Poisonous Seed/Husks: Parts,No Poisonous Matter and Non – Genetic and Is Suitable
For Human Consumption.
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Mandate and seller, we work together to guarantee an excellent service. As a mandate, we do all the buyer's
DD, to give credibility to our work and also to the buyer. This way, the seller knows that all the offers he
receives via the Iberenterprise Group are credible and real, allowing the seller's team to work faster and with
the certainty that they will be able to invest their time in the negotiation.For this reason, in this SCO, the
buyer will be able to find the entire offer and contract, which will be issued by the seller. The conditions are
non-negotiable, for this reason, before issuing the ICPO in response to our SCO, please read the entire
document carefully, to avoid wasting time later on. If you have any doubts, ask before issuing the ICPO, pls.
Thank you.
All relevant information within this SCO is made in compliance with the terms
and conditions of the international chamber of commerce (i.c.c.) rules for
international trade. This SCO is valid for three (3) days ***note*** all agents will
receive a IMFPA (irrevocable master fee protection agreement with a& ncnda
agreements) for any commissions.
Electronic document transmission (edt) shall be deemed valid and enforceable in
respect of any provisions of this sco agreement. As applicable this SCO agreement
shall be.
1). Incorporate u.s. public law 106-229, “electronic signatures in global and
national commerce act” or such other applicable law conforming to the uncitral
model law on electronic signatures (2001) allowed, and:
2). Electronic commerce agreement (ece)/trade/257, geneva, may 2001) adopted by
the united nations center for trade facilitation and electronic business (un/cefact).
Page 5 of 20
EXAMPLE : SALES AND PURCHASE AGREEMENT OF xxxxx MT OF ICUMSA 45 SUGAR
Date: xxxxx
Ref: xxxxx
This sales and Purchase Contract (hereinafter referred to as the “Contract”) is made and entered
into on the xxxxx by and between:
Seller (hereinafter referred to as the “Seller”):
xxxxx
Buyer (hereinafter referred to as the “Buyer”)
xxxxx
Agent: IBERENTERPRISE GROUP
The Buyer and the Seller hereinafter jointly referred to as the “Parties” and severally hereinafter
referred to as the “Party”.
RECITALS
WHEREAS the Buyer and Seller under full corporate authority, respectively represent that the
Seller has the full capability to sell the commodity in quantity and quality as hereunder specified
and the Buyer has the full capacity to purchase the said commodity. WHEREAS the parties
mutually accept that this Contract shall be governed by the General Terms and Definitions as set
out in the INCOTERMS 2000 Editions with the latest amendments duly incorporated, with the
terminology fully understood and accepted by the parties except were defined differently as
herein: -
I. "Ton" , "Tons", "MT" means a metric ton of 1,000 (One thousand) kilograms.
II. ICUMSA Means International Commission for Uniform Methods of Sugar Analysis
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III. Laycan means the period whereby the vessel will he Arrive at loading port and seller is
obligated to commence the loading operation immediately
IV. Laytime means time allowed by the Vessel Chartered Party to complete the loading the
shipment.
V. Demurrage means charge payable to the vessel Owner/Chartered in the event the
loading time exceeded the Laytime as stipulated in the Vessel Chartered Party.
VI. Dispatch means charge payable by the vessel Owner/Chartered in the event loading time
is less the Laytime as stipulated in the Vessel Chartered Party.
VII.Loading Time means time taken to pack and load material into the shipping containers.
VIII. Shipping Time means the time taken by the vessel from loading port to destination
port.
IX. Inspection Time refers to the time allowed for inspection and confirmation of product
quality and quantity after arrival at port of destination.
ARTICLE 1 – AGREEMENT
The Seller agrees to sell and deliver, and the Buyer agrees to purchase, and accept delivery of
order of the total xxxxx MT of ICUMSA 45 refined sugar from Brazil:
Monthly xxxxx MT over 12 months
ARTICLE 2 – PRODUCT ORIGIN
The product is of 100% Brazil Origin
ARTICLE 3 – QUANTITY
Total of xxxxx MT.
ARTICLE 4 – PRICE
1. The price shall be USD $ xxxxx / MT
2. This price is for CIF xxxxx
ARTICLE 5 – TECHNICAL SPECIFICATIONS, MATERIAL QUALITY AND PACKING
The quality of ICUMSA 45 sugar to be supplied hereunder shall be within the following specifications:
As per EXHIBIT B
No rock, gravels, sand, larger pieces of wood or any particles that are harmful to human or
animal consumption.
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i. Packing will be done 50kg PP Bags
ARTICLE 6 – SHIPMENT PERIOD (LOADING TIME, SHIPPING TIME)
1. The shipment period shall include the loading time and shipping time.
2. Packing and Loading will commence within 21 working days after verification of receipt
of the SBLC for is US $ xxxxx Dollars per month. Payment per shipment is US $ xxxxx
Dollars.
3. The loading time shall be (21) days from complete packaging within inland
transportation to port of Santos, Brazil.
4. Any modifications or deviations within this period must be through mutual agreement
between both parties.
5. Estimated packaging, shipping, and delivery time: days +/- 30 days. CIF xxxxx.
ARTICLE 7 – SHIPPING DOCUMENTS
i. List of shipping documents to be provided by the seller to the buyer, via email and local
post (DHL).
a. Commercial Invoice (3 originals) counter signed by SGS
b. Packing List (3 originals) counter signed by SGS
c. Bill of Lading – Freight Prepaid (3 originals & 3 Non-Negotiable)
d. Certificate of Origin (3 originals)
e. SGS Inspection Certificate to ascertain both Quality & Quantity (3 originals)
f. Insurance of 110% of cargo value at sellers’ cost (3 originals)
g. Custom Check Approval Letter (2 originals)
h. Health Certificate (3 originals)
i. Phytosanitary Certificate
j. Radiation-free Certificate
k. Covid-19 Test Report
l. Weight and quality by SGS
m. Packing Label
ii.The “Buyer” on all shipping documents will be:
xxxxx
Page 8 of 20
ARTICLE 8 – VESSEL NOMINATION, LOADING TERMS & DEMURRAGE/DISPATCH
SETTLEMENT
i. The Seller shall give notice to the Buyer at least 10 days prior to the expected date of
arrival of the nominated vessel.
ii. Notice of Readiness (NOR) shall be tendered at the nominated loading port/anchorage
anytime day or night, Sunday or Holiday included (ATDN, SHINC). NOR shall be
tendered by the master or the vessel's
iii. Agents or by the Charterer by telex/fax/email. NOR is deemed accepted as soon as
tendered in accordance with the contract.
iv. Lay time shall commence 24 (twenty-four) hours after vessel's agent tendering Notice of
readiness WIPON, WIBON, WCCON, WIFPON, unless loading is sooner commenced in
which case time actually for loading shall count as lay time. In the event the Seller is
unable to load the cargo upon vessels arrival and tendering NOR as above, the Seller
will be liable for demurrage charges.
v. All costs relating to the berthing and sailing of the vessel are to be the account of vessel
owner or the Seller (i.e., tugboats, linesmen, harbor dues, government charge, etc.)
vi. In case the Seller is unable to load the full quantity as demanded by the master or the
vessel. the seller will be liable for dead freight for the quantity short loaded
vii. STEVEDORING DAMAGE - Any damage caused by the stevedores at loading port shall be
reported by the master to the stevedores in writing within light) hours of such
occurrence. Seller shall be responsible for settlement of all stevedoring load not
directly with the master/owners
viii. Demurrage/Dispatch rates per day shall follow the terms and conditions as per
relevant Charter party The Buyer to declare the Demurrage and Dispatch fate of the
charter party at the time of vessel
ix. The Seller shall be liable to pay to the Buyer all Demurrage in respect of time required to
load the vessel in excess of lay time at the rate of the relevant charter party per day
(pro-rata) for all time in excess or lay time.
x. Any time lost in waiting for completion of Seller's export formalities will be at Seller's
account
ARTICLE 9 – TITLE, RISK AND LIABILITY
Title and risk with respect to shipment and cargo shall pass on to the Buyer from the Seller
when the material passes the ship’s side rail at the discharge port.
ARTICLE 10 – TAX AND DUTIES
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All tax, duties, levies, dues, etc. (if any) for the cargo loaded onto the vessel will borne by the
seller if charged at the port of loading to be paid by the Seller and if charged at the destination
port, the Buyer will bear the responsibility.
ARTICLE 11 – BREACH
In cases of failure of the Seller or Buyer to comply with the material obligation set forth in this
contract, said non-compliance shall entitle the other Party, without prejudice to any other
recourse(s) available to them, to consider such failure is corrected and, in both cases, may claim
direct damages or the breach of this Contract, to the extent allowed by the terms and conditions
of this contract.
ARTICLE 12 – INSURANCE
The Seller will arrange for suitable marine insurance cover for the material shipped. This
insurance shall cover 110% of the amount value of goods.
ARTICLE 13 – LIMITATION ASSIGNMENT
Neither the Party may not assign to the whole or any part of its rights or obligation under this
Contract to a third party without the prior consent in writing of the other Party.
ARTICLE 14 – FORCE MAJEURE
i. If either party is rendered unable by Force Majeure to perform or comply fully of in part
with any obligations or condition of this contract, except in relation to obligations to
make payment under this Agreement, upon such party giving written notice to the
other party of such Force Majeure, within Forty-eight (48) hours after receiving
notice thereof, such performance or compliance shall be suspended during the
continuance of the inability so caused, and such party shall be relieved of liability and
shall suffer no prejudice for failure to perform the same during such period.
ii. In the event that the said period of suspension of performance shall continue in excess of
thirty (3) calendar days, the contract is deemed to be cancelled without liability of
either party, unless otherwise mutually agreed.
iii. Any pre-payment made on the undelivered quantity shall be refunded immediately.
iv. As used herein the term Force Majeure shall include, by way of example and in limitation,
fire, wars or belligerent action, riots or commotion, acts of God, explosions or
accidents to wells, pipelines, storage depots, refinery facilities, machinery and other
facilities or actions of any Government.
Page 10 of 20
v. Late Delivery and Penalty. In case of delayed delivery except for Force Majeure cases, the
Seller shall pay to the Buyer for every week of delay penalty amounting to 0.5% of the
total value of the delayed quantity whose delivery has been delayed. Any fractional
part of a week is to be considered a full.
vi. Week. The total amount of penalty shall not, however, exceed 5% of the total value of the
quantity involved in late delivery.
ARTICLE 15 – ARBITRATION
Any dispute arising out of or in connection with this contract, including any question regarding
its existence, validity, or termination, shall be referred to and finally resolved by arbitration in
Chicago state of Illinois U.S.A. in accordance with the Arbitration Rules of the Chicago
International Arbitration for the time being in force, which rules are deemed to be incorporated
by reference in this article. The arbitration shall be administered court of Chicago in accordance
with its practice rules and regulations. The language to be used in the arbitral proceedings shall
be English.
ARTICLE 16 – LIABILITY
The liability of the Party in respect of any claim brought by the other Party based on failure of
the Party to fulfill its obligation under this Contract shall be limited in any event to liability for
loss suffered by the Party aggrieved, excluding loss of profit and anticipated profit and all
indirect or consequential loss or damage to the Party aggrieved.
ARTICLE 17 – NO WAIVER
No waiver by the Parties of any provision of this Contract shall be binding unless mad expressly
and expressly confirmed in writing. Further, any such waiver shall relate only to such matter,
non-compliance, or breach as it expressly relates to and shall not apply to any subsequent or
other matter, non-compliance or breach.
ARTICLE 18 – APPLICABLE LAW
This Contract shall be governed by and construed in accordance with the United Nations
Convention on Contracts for the International Sale and Purchase of Goods. signed in Vienna, on
April 11, 1980.
ARTICLE 19 – CONFIDENTIALITY
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This Contract is confidential and shall not be disclosed except to appropriate governmental
entities otherwise.
ARTICLE 20 – SEVERABILITY OF PROVISIONS
If any provision of this Contract is held invalid or unenforceable for any reason, that provision is
fully separable, and will be deemed separated from, the rest of this Contract. The remaining
Contract will be valid and enforceable as if the invalid or unenforceable provision were not part
of this Contract.
ARTICLE 21 – ENTIRE CONTRACT
This Contract contains the entire agreement between the Buyer and the Seller in relation to the
sales, purchase of order of xxxxx MT of ICUMSA 45 sugar from Brazil in total contract value of
US $ xxxxx USD.
ARTICLE 22 – AGENCY
The Parties, respectively, may appoint their agents to perform all or any part of their obligations
hereunder. The Party that appoints an agent(s) to perform such obligations shall, as soon as is
reasonably practicable, notify the other Party in writing specifying the name and contact details
of the agent(s). In such event, the Party who has appointed an agent shall be directly and
unconditionally responsible to the other Party in all respects as the acts of their agent
performed within the scope of agency created.
ARTICLE 23 – INSPECTION PERIOD, EXCHANGE AND REFUNDS
i. The inspection period refers to the amount of time the buyer is allowed to inspect goods
for quality and quantity issues.
ii. This inspection period shall be 30 working days and counted from the moment the vessel
is unloaded.
iii. In the case of quantity issues i.e., quantity ordered/paid for is less than the contract
quantity (See Article 3) the seller will complete or compensate the missing quantity.
iv. In the case of quality issues or product does not conform to aforementioned specification
(See Article 5) listed, the seller shall analyze the damage and will mutually decide to
compensate, refund or exchange to make up for the damage.
v. Any quantity and quality shall be mutually solved by both buyer and seller.
vi. Quality and Quantity issues must be reported by the buyer, within the inspection period
of 30 days.
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vii. The seller shall not be responsible for any damage reported after the inspection period.
ARTICLE 24 – CURRENCY
All costs and payment shall be executed using the USD (United States Dollars).
ARTICLE 25 – PAYMENT
Irrevocable, Transferable SBLC for TOTAL $ xxxxx US Dollars U.S
$ xxxxx US Dollars per shipment via MT103
ARTICLE 26 - PERJURY CLAUSE
If one of the parties does not comply with the contract, it will have to indemnify each
Of the injured parties, in 3% of the total value of the contract. Totaling the injury
Clause at 6%. This total percentage decreases to 2%, if paid by mutual agreement, up to
One month after communication of the breach of contract. Communication will be
valid via email or whatsapp app.
BUYER’S BANKING
Bank Name:
Bank Address, City, Country:
Bank Swift Code:
Bank Telephone:
Account Name:
Account Number:
Bank Officers name:
Bank Officer E–mail address:
Bank Website address:
BANK ISSUING SBLC MT760
Bank Name:
Bank Address, City, Country:
Bank Swift Code:
Bank Telephone:
Page 13 of 20
Account Name:
Account Number:
Bank Officers name:
SELLER’S BANK RECEIVING SBLC MT760
Bank Name:
Bank Address, City, Country:
Bank Swift Code:
Bank Telephone:
Account Name:
Account Number:
Bank Officers name:
Bank Officer E–mail address:
Bank Website address:
This contract becomes valid after being signed by the representatives of the three parties, one
copy to be held by each party in witness thereof.
For and on behalf of Seller: For and on behalf of buyer:
_________________________________ _______________________________________________
xxxxx xxxxx
By: xxxxx By: xxxxx
For and on behalf of Agent:
Page 14 of 20
___________________________________________
Xxxxx By:
xxxxx
EXHIBIT ”A”
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Exhibit “B”
Page 16 of 20
ARTICLE 5 – TECHNICAL SPECIFICATIONS, MATERIAL QUALITY AND PACKING
The quality of ICUMSA 45 sugar to be supplied hereunder shall be within the following specifications:
Exhibit “C”
Proforma Invoice
EXHIBIT “C”
EXHIBIT "B"
DRAFT TEXT OF SWIFT MT-760 - SBLC DELIVERY
START TRANSMISSION-----------------------------------------------------------------
------------------------------
DATE: XX.XX.20 REPRINT FROM LOCAL SWIFT ACKS
MTT TOME: XX: XX: XX GMT +0
SRC RTE:
DTN RTE:
MSG TYPE: 760
----------------------------INSTANCE TYPE AND TRANSMISSION-------------------------
----
NOTIFICATION (TRANSMISSION) : OF ORIGINAL SENT TO SWIFT/FAX/TELEX (ACK)
NETWORK DELIVERY STATUS : NETWORK ACK
PRIORITY : URGENT
CORRESPONDENT INPUT REFERENCE :
CORRESPONDENT OUTPUT REFERENCE :
Page 17 of 20
SWIFT INPUT : MT 760 STANDBY LETTER OF CREDIT (SBLC)
SENDER :
RECEIVER :
----------------------------------------NARRATIVE----------------------------------
----
F27 : SEQUENCE OF TOTAL
X/X
F20 : TRANSACTION REFERENCE NUMBER
X
F30 : ISSUE DATE
XX/XX/17
MATURITY DATE
XX/XX/18
F40C : APPLICABLE RULES
URDG.
F77C : DETAILS OF STANDBY LETTER OF CREDIT (SBLC)
SBLC NO:
APPLICANT
BENEFICIARY:
ADVIRTISING BANK:
CURRENCY: USD ($)
FACE AMOUNT: XX,000,000.00
LATEST DATE FOR CLAIMS: “EXPIRY DATE” ONE (1) YEAR ONE (1) DAY FROM DATE OF
ISSUE
SENDER’S REFERENCE
50A: ACCOUNT WITH INSTITUTION
*** BANK NAME:
*** BANK ADDRESS:
*** ORDERING CUSTOMER:
*** ACCOUNT/IBAN NUMBER:
*** SWIFT CODE:
F57 RECEIVER BIC:
*** BANK NAME:
*** BANK ADDRESS:
*** ACCOUNT/IBAN NO:
*** ACCOUNT NAME:
*** BANK OFFICER:
*** SWIFT CODE:
F79 : NARRATIVE DESCRIPTION OF ORIGINAL MESSAGE IRREVOCABLE STANDBY LETTER OF
CREDIT NO: BY ORDER AND FOR ACCOUNT OF ORDERING CUSTOMER ,
WE HEREBY ESTABLISH OUR IRREVOCABLE, TRANSFERABLE, CALLABLE, ASSIGNABLE,
DIVISIBLE
STANDBY LETTER OF CREDIT NO: IN YOUR FAVOR UP TO AN AGGREGRATE
PRINCIPAL AMOUNT OF XXXXXX MILLION USD ONLY (USD XX.000.000,00) THIS STANDBY
LETTER
Page 18 of 20
OF CREDIT IS PAYABLE AGAIANST YOUR SIGHT DRAFT DRAWN ON US FOR THIS AMOUNT UP
TO
USD ONLY (USD XX0.000.000,00) AND MARKED WITH THE CLAUSE “DRAWN
UNDER HSBC IRREVOCABLE STANDY LETTER OF CREDIT NO: DATED XXTH
2020 SIGNED BY THE BENEFICIARY WORLD TEAM CAPITAL PARTNERS LIMITED
ACCOUNT
NUMBER THIS CERTIFICATE SHALL BE FINAL AND CONCLUSIVE.
THIS STANDBY LETTER OF CREDIT IS EFFECTIVE FROM XXTH 2020 AND EXPIRES IN
XXST 2021 AND ALL DRAWINGS UNDER THIS STANDBY LETTER OF CREDIT MUST BE
PRESENTED
TO US BEFORE THE EXPIRY DATE.
WE HEREBY AGREE THAT ALL DRAFTS DRAWN ON US AND PRESENTED IN CONFORMITY
WITH THE
TERMS OF THIS STANDBY LETTER OF CREDIT SHALL BE DULY HONORED BY US AND WE
SHALL REMIT
THE PAYMENT UPON RECEIPT OF DOCUMENTS COMPLYING WITH THE CREDIT TERM AND
CONDITIONS.
REIMBURSEMENT UNDER THIS STANDBY LETTER OF CREDIT IS SUBJECT TO ICC 600.
THIS STANDY LETTER OF CREDIT IS SUBJECT TO THE UNIFORM CUSTOMS AND PRACTICES
FOR
DOCUMENTARY CREDITS, 2007 REVISION, AND INTERNATIONAL CHAMBER OF COMMERCE
PUBLICATION
NO. 600 AND SHALL BE GOVERNED AND CONSTRUED IN ACCEPTANCE WITH THE ENGLISH
LAWS IN
THE EVENT OF ANY INCONSITIANCY, THE ENGLISH LAW OF THE UNITED KINGDOM PREVAIL,
IN
ACCEPTING THIS STANDBY LETTER OF CREDIT, YOU HEREBY IRREVOCABLY AGREE TO
SUBMIT TO
THE NON-EXCLUSIVE JURISDICTION OF THE COURT OF LONDON, UNITED KINGDOM. THIS IS
AN
OPERATIVE INSTRUMENT AND NO MAIL OR HARD COPY WILL FOLLOW.
FOR AND ON BEHALF OF
AUTHORIZED OFFICER (1) : ( )
AUTHORIZED OFFICER (2) : ( )
BUYER COMPANY REGISTRATION
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SELLER COMPANY REGISTRATION
EXHIBIT “D”
Projected Shipping Schedule
Temporary website: https://ibercharcoal.wixsite.com/iberenterprise
*** END ***
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