Icumsa45

8. Delivery begins as per full terms of the Contract.

7. Schedule of delivery is signed and approved by Seller and Buyer.

6. 05 banking days after the Bank Guarantee is issued and lodged in the Seller Bank Seller issue the 2% performance Bond for NON Delivery by a Stand By Guarantee, in total value of a monthly shipment.

5. Buyer issue first Bank Guarantee, for the full amount Seller issue the Proof of Product Bank to Bank by MT799

4. Within 4 (Four) banking days Buyer Bank issues SWIFT MT 799 to Sellers Bank confirming the existence of funds and ready to issue  01  Unconditional Bank Guarantee, Irrevocable, Transferable, Assignable, Unencumbered and Cash Backed, covering 15 months of shipments,  with maturity for 16 months, and as Beneficiary the Seller as per approved draft of the Bank Guarantee sent by the Seller,

3. Seller will issue the Hard Copy Contract sign and seal and send to the Buyer by E mail, Buyer in turn will sign and seal the hard Copy and send back to the Seller by e mail, Said signed contracts being exchanged electronically will be deemed as original and is legally binding until hard copies are exchanged by Courier. DHL or other.

2. Seller will send the Draft Contract to the Buyer by e mail, for his review and signature and sealed, and send back to the Seller by E mail.

1. Buyer issues ICPO with full banking informations, and Bank RWA.

PROCEDURES:

Payment: Unconditional Bank Guarantee, Irrevocable, Transferable, Assignable, Unencumbered and Cash Backed, in the value of 15 months of shipments and with maturity for 16 months 

Currency: United States Dollars (USD or US$)

Guaranty: Sellers Performance Bond, against a Buyers fine for canceling or quitting the deal, both of 2% (two percent- total value of Contract).

Inspection: Societe Generale de Surveillance (SGS), or equivalent, shall inspect the commodity at the port of loading.

Delivery: First shipment, 30/45 days after sign the contract and conclusion of deal.

Packing: Packed in Bags of 50 Kilogram net.

Origin: Brazil

Duration of Contract: 15 Months

Shipment: 200,000 (A hundred thousand) tons per month (+/-5%) CIF ASWP

Quantity: 3,000,000 Metric Tons

HPN STAPH AUREUS NIL

Max CU 3 p.p.m.

Max OS 2 p.p.m. MAX CU: 3 p.p.m.

Max AS 1. p.p.m

Substance Solid, crystal max

Reducing Sugar 0.05 % Max

Smell Free of any smell

Radiation Normal w/o presence of cesium or iodine: certified

SO mg/kg 20

Magnetic particles mg/k4

Crop 2005/2006

Color Sparking White

Sediments None

Icumsa Max 45 , attenuation Index Units method no: 4- 1978

Granulation Fine

Solubility 100.0 % DTR and free flowing

Moisture 0.04 % Max

ASH Content 0.04 % max

Polarity at 20 Deg. Centigrade 99.80Min.

Commodity White cane Sugar Icumsa 45

Specifications:

Commodity: SUGAR ICUMSA 45, Polarization degree, sound and fit for Human Consumption corresponding completely to the Alimentary Code as per certificate of an appropriate international organization.

COMMODITY,

Sugar icumsa45