Used Rail

6) Once the Seller receives non operative LC or BG, delivery starts within 10 days.

6)  Prior to Buyer bank's receipt and confirmation of the POP released to buyer and his bank to verify and confirm the existence of USED RAILS, and after successful TTM /SPOT/YARD VISIT deal at the USED RAILS current location,
Buyer shall open and wire transfer non operative SBLC or BG via MT760 swift, before delivery to buyer's destination for payment to Seller by wire transfer at sight upon delivery of each shipment at Buyers sea port after exchange of documents in paragraph 14 above.

5)  Buyer and seller make TTM /SPOT/YARD VISIT deal at the USED RAILS current location for the official hand over.

4)  Seller Bank Issuance of POP. The buyer needs to have the POP from seller to verify and confirm the JP54. Upon satisfactory verification and confirmation of the USED RAILS Buyer receives POP copy from his bank.

3)  Buyer Bank prove capability to buy by swift an mere non operative POF via MT799 to stand as comfort that buyer will pay Seller after the receipt of the USED RAILS  at his destination and purity confirmation. Verbiage attached.

2)  Contract shall be signed by both parties in person, email or by fax. Issued by the Seller and exchanged with the Buyer

1)  Seller issues this Full Corporate offer, Buyer gives ICPO to Seller. The ICPO must show Buyers bank and confirm contract amount of funds without which it will not be accepted.

PART B PROCEDURES

PRICE:  Purchase price or unit price shall be USD$244 /MT per metric ton CIF ASWP with cutting.

                                                                     and every shipment of goods at the destination port.

                                                                     transferable MT760 Standby Letter Of Credit (MT760SBLC) at sight for each

       6.       PAYMENT TERMS:               Buyer shall make payment to the seller by confirmed operative, revolving,

       5.       LOADING PORT:                   Togo, or cotonou port

       4.       MONTHLY DELIEVERY:    30,000 MT.

                                                      used steel scraps for steel making. (hereinafter referred to as "the commodities")

Used Rails. Origina Africa and Seller option.