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Sell :: 327
Buy :: 116
News :: 18
JP54 & D6 UNCONDITIONAL DTA 2017-11-12
1. Buyer sends ICPO to Seller on receipt of Seller's Soft Offer along with Tank storage Agreement {TSA} as proof of storage availability.

2. Seller issues Draft Contract or Commercial Invoice CI for the available quantity in the storage tank to buyer, Buyer signs and returns to sell with scan passport copy/NCNDA/IMFPA sign by all buyer group with comm ission structures

3) Seller issue to buyer PPOP listed below:

(a) Tank Storage Receipt (TSR) (b) Analytical Report. (c) Dip test authorization letter (DTA) (d) Authorization to sell. (e) Authorization to Verify the Product in the Seller's Tank (ATV)

4.Upon buyer successfully confirmation of the above listed PPOP documents, buyer provide his TSR to enable seller issue unconditional dip test Authorization Letter to allow the buyer to conduct the dip test in seller's tank before transfer the product into Buyer LEASING TANK on Buyer Expense.

5. Buyer provide vessel details or Tank details, Seller shall immediately submit the {SGS} Inspection Report along with the full Proof of Product (POP) to the Buyer.

6. Buyer make 100% payment by MT 103 TT wire trans fer for the total product and Seller pays commission to all intermediaries involved in the transaction 24 hours after confirmation of the buyer payment.

7. Seller submits the draft SPA for review for R&E Monthly delivers

8. Buyer revise and approves the SPA and issues SBLC/IRDLC irrevocable, nontransferable, auto revolving for months shipment value, documentary letter of credits for length of contract an for each lift per schedule, Buyer pays after dip test by MT 103 Wire transfer on each month

9. The s ubsequent delivers shall commence according to the terms and conditions of the contract.

10. Seller pays commission to all intermediaries as per IMFPA/NCNDA 24 hours after receiving payment from buyer
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