Product Description

PROCEDURES AND TERMS 1) ALL THE PARTHIES SIGN THE NCND, THE BUYER GIVES THE ICPO OR LOI&BCL 2) THE SELLER SENDS THE ACCEPTANCE (FCO THE FULL CORPORATE OFFER). 3) BUYER ACCEPTS AND AGREES THE TERMS AND CONDITIONS OF THE FCO BY COUNTER SIGNATURE & COMPANIES STAMP AND SENDING IT TO THE SELLER AND SEND BCL (THE LETTER FROM BANK ABOUT SOLVENCY OF THE BUYER. 4) SELLER ISSUES DRAFT CONTRACT WITH FULL BANKING. DRAFT CONTRACT SHALL BE SIGNED BY BOTH PARTIES AND SENT VIA FAX OR ELECTRONIC MESSAGE THAT WILL BE DEEMED AS ORIGINAL AND VALID. 5) HARD COPIES OF THE CONTRACT TO BE ISSUED BY THE SELLER AND EXCHANGED WITH THE BUYER. 6) BUYER SIGNS/STAMPS ALL THE COPIES AND RETURN 2 (TWO) HARD COPIES OF THE CONTRACT TO THE SELLER. 7) SELLER AND BUYER WILL LODGE THE HARD COPIES OF THE CONTRACT WITH THEIR RESPECTIVE BANKS. 8) THE BUYER BANK PROVIDES PROOF OF FUNDS WITH A MT**9 TO THE SELLER S BANK. 9) SELLER WILL PROVIDE THE PROOF OF PRODUCT BANK TO BANK. *0) BUYER WILL PRESENT PRE-ADVISED L/C TO BE APPROVED BY SELLER'S BANK. *1) PB WILL ACTIVATE THE L/C *2) - DELIVERY AND SHIPMENT COMMENCE AS PER CONTRACT. Yours Sincerely, NEXO AM LA xxxxx