Product Description

Offer for Sugar (Icumsa *5 Brazilian origin)

Please do not contact me unless of course you have a bank endorsed ICPO from buyer. Also kindly note only requests in form of an LOI through my
company Janice Energy & Oil will be entertained. Once i have the request i can then ask for a price quote.

Procedures for Contract

1. THE BUYER ISSUES ICPO / LOI WITH PROOF OF FINANCIAL CAPABILITY (BANK ENDORSED ICPO OR BCL) TO EXECUTE THE PURCHASE.

2. THE SELLER ISSUES A DRAFT CONTRACT WITH FULL BANK CO-ORDINATES TO THE BUYER FOR THE INCLUSION OF HIS DETAILS.

3. THE BUYER REVIEWS AND REVISES IF REQUIRED. BUYER INITIALS AND SIGNS EACH PAGE AND SIGNS AND SEALS ALL PAGES WHERE INDICATED AND RETURNS THE CONTRACT TO THE SELLER. IN ADDITION, THE BUYER WILL SEND A DRAFT OF THE INTENDED FINANCIAL INSTRUMENT (SBLC) WITH THE SIGNED FINAL CONTRACT.

4. THE SELLER SIGNS THE CONTRACT AND SENDS THE SIGNED CONTRACT AND A PROFORMA INVOICE IN PDF FORMAT VIA E-MAIL TO BUYER. THE ELECTRONIC VERSION OF THE SIGNED CONTRACT SHALL BE CONSIDERED LEGAL.

5. BUYER’S BANK SWIFTS A PRE-ADVICE OF READINESS TO OPEN THE SBLC OR TO ISSUE ANY OTHER AGREED UPON PAYMENT INSTRUMENT TO THE SELLER’S BANK. WITHIN 3 (THREE) INTERNATIONAL BANKING DAYS FROM THE SIGNATURE OF THE CONTRACT.

6. SELLER ISSUES PROOF OF PRODUCT PRODUCTION CAPABILITY (*), OR EVIDENCE OF ON HAND STOCK IF APPLICABLE.

7. THE BUYER’S BANK ISSUES THE APPROVED ACCEPTABLE AND OPERATIVE FINANCIAL INSTRUMENT(S) ISSUED OR CONFIRMED BY A TOP *0 BANK WITHIN 3 (THREE) INTERNATIONAL BANKING DAYS OF SIGNING THE FINAL CONTRACT AND PAYABLE TO THE SELLER'S ACCOUNT.

8. SELLER POSTS PERFORMANCE BOND. (If OPTION A is chosen)

9. DELIVERY COMMENCES WITHIN *0/*5 DAYS FOR FIRST SHIPMENT AFTER THE FINANCIAL INSTRUMENT IS RECEIVED AND ACCEPTED AT SELLER’S BANK AS STATED IN THE CONTRACT FOR THE SUPPLY OF WHITE CANE SUGAR - ICUMSA *5 FOR HUMAN CONSUMPTION AND ACCORDING TO SHIPPING SCHEDULE.

(*)NOTE: BECAUSE THE PRODUCT HAS NOT YET BEEN PRODUCED, PROOF OF PRODUCT PRODUCTION CAPABILITY CONSISTS OF DOCUMENTATION ISSUED BY A LOCAL AND BRAZILIAN NATIONAL GOVERNMENT AUTHORITY, CONFIRMING THE PRODUCER AS A REGISTERED PRODUCER/SELLER OF SUGAR WITH THE BRAZILIAN GOVERNMENT. THE DOCUMENTATION ESTABLISHES THAT THE 
PRODUCER/SELLER IS NOT ONLY QUALIFIED, BUT CAPABLE,
EXPERIENCED AND LICENSED TO PRODUCE, SELL AND EXPORT
ALL SUGAR PRODUCTS. THIS VERIFIES THAT PRODUCER HAS BOTH THE PHYSICAL AND THE LEGAL ABILITY TO FULFILL THE CONTRACTS THEY ISSUE.