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ORDINARY GREY PORTLAND CEMENT *2.5 N/R ORIGIN: EUROPE PACKED IN *0 KILOS 2 & 3 PLY , KRAFT PAPER BAGS WITH PLASTIC INNER LINING, JUMBO BAGS OR BULK AT BUYER SUITABLE FOR OCEAN FREIGHT AND REPACKED IN JUMBO SLINGS OF 1, **0 KILOS . BUYERS COMPANY NAME WILL BE PRINTED ON THE BAGS. PORT OF DESTINATION: ASWP CIF TERMS OF PAYMENT: BUYER IS TO ISSUE AS SECURITY TO THE SELLER AN UNCONDITIONAL, UNEMCUMBERED, TRANSFERABLE, ASSIGNABLE BANK GUARANTEE IN FAVOUR OF THE SELLER IN THE AMOUNT OF THE VALUE OF ONE MONTHS SCHEDULED SHIPMENT AND BLOCKED FOR *2 MONTHS. THE BANK GUARANTEE IS HELD AT THE BUYERâï¿&frac*2;ï¿&frac*2;S BANK AND NOT TO BE APPLIED FOR ANY REASON EXCEPT IN THE EVENT THAT THE BUYER FAILS TO PAY FOR A DELIVERED SHIPMENT ACCORDING TO THE CONTRACT. PAYMENT WILL BE MADE PAYABLE **0% AT PRESENTATION OF SHIPPING DOCUMENTS WITH SGS CERTIFICATION FROM THE LOADING PORT, WITH RDLC OR BY CASH T/T SWIFT MT**3/*3 TRANSFER INTO THE SELLERâï¿&frac*2;ï¿&frac*2;S BANK WITHIN FIVE (5) BANKING DAYS PERFORMANCE BOND: (2%) OF THE BANK GUARANTEE (bg). PROCEDURE 1. BUYER ISSUES ICPO WITH BANKING SOFT PROBE AUTHORIZATION. 2. SELLER ISSUES FCO TO BUYER AFTER BANK VERIFICATION. 3. BUYER SIGNS FCO AND SENDS IT BACK TO SELLER. 4. SELLER SENDS TO BUYER DRAFT CONTRACT IN FAVOUR OF BUYER. 5. BUYER SIGNS AND SENDS BACK THE DRAFT CONTRACT TO THE SELLER WITHIN *8 HOURS. 6. SELLER SENDS 4 (FOUR) HARD COPIES DULY SIGNED & SEALED. BUYER DULY SIGN & SEAL ALL COPIES AND RETURN BACK 2 (TWO) COPIES TO THE SELLER. 7. WITHIN *0 (TEN) BANK WORKING DAYS FROM SIGNING THE ORIGINAL CONTRACT, THE BUYER WILL ISSUE THE NON-OPERATIVE BANK GUARANTEE (BG) IN FAVOUR OF THE SELLER. 8. WITHIN 8 (EIGHT) DAYS SELLER WILL ISSUE POP TO BUYER. 9. WITHIN *0 (TEN) WORKING DAYS OF RECEIPT OF THE NON-OPERATIVE OPERATIVE BANK GUARANTEE (BG), THE SELLER WILL POST THE OPERATIVE PERFORMANCE BOND, WHICH WILL ACTIVATE THE BANK GUARANTEE (BG). DELIVERY AND SHIPMENT COMMENCE