contract noxxx
sales and purchase contractfor
manganese ore
this contract is made and entered into onxx febXXunder terms and conditions as per the international chamber of commerce600 (icc ucp600XX revision) by and between
the buyer
address
tel
the seller
address
tel
whereby seller agrees to sell to buyer and buyer agrees to buy from seller manganese ore under following the terms and conditions stipulated below
article 1 commodity
concentrated manganese ore
article 2 specifications
concentrated manganese ore
size 05mm (90 min)
mn min 400
fe max 150
silica ( sio2 ) max 10
aluminum ( al ) max 40
s max 020
p max 010
moisture max 7
article 3 quantity
500 mt partial shipment not allowed
article 4 origin and port of loading
41 republic of abc
42 loading port
article 5 packingdelivery
51 in50 kg sack
52 incontainer shipment more or less 20 tons
article 6 shipmentdelivery
61 500mt(+5)partial shipment not allowed
62 shipment will be 90 days after signing of this contract and after the acceptance of the letter of credit by seller’s bank lc will be openedafter buyerreceivingproforma invoice from sellerwith confirmation of the delivery schedule
63 the buyer has the right to appoint the independent surveyor or his representative to conduct the preshipment inspection andor conduct the jointinspection of the material with buyer for his own account
article 7 contracted price and values
pricemn 48 and above usd000dmtcfrcy port china
40 479 usd 000 dmtcfrcy port china
the mn content will be average of the jointinspection testing result at loading port
article 8 payment
81 payment shall be effected in full by an irrevocable letter of credit which will be opened by 1stclass bank in hong kong or singapore 100 at sight upon presentation of shipping documents
a seller’s banking details
bank name
bank address
account name
swift code swift
b buyer’s bank issues lc to the seller's bank via swift wire transfer
buyer’s banking details
bank name (will be advised)
bank address
account name
swift address swift
article 10 inspection of analysis & weight
the shipmentinspection and analysis shall be done byccicappointed by the seller and one independent surveyor (ie sgs or geochem etc) appointed by the buyeras agreed by both parties at site before loading to container while final weightand qualitydetermination shall be done atloadingportby the above jointsurveymoisture content shall be deducted from the total weight shipped
article 11 documents
seller shall present the following documents to the buyer
a signed commercial invoice for 100 of the total cargo value indicating quantity unit price and the total amount of value of the delivered commodity 1 original and 3 copies
b certificates of quantity quality and weight issued byccicand one independent surveyor appointed by the buyer
c certificate of origin issued by abc department of trade or concerned government authorities i original and 2 copies
d weight list showing total weight 1 original and 3 copies
e bill of lading 3 original copies and 3 nonnegotiable copies
article 12 force majeure
the seller shall not be responsible for the delay of shipment or nondelivery of the goods due to force majeureunder ucp 600 the seller shall advise the buyer immediately of the occurrence mentioned above and within 3 days thereafter the seller shall send a notice by courier to the buyer of their acceptance of a certificate of the accident issued by the local chamber of commerce under whose jurisdiction the accident occurs as evidence thereof under such circumstances the seller however are still under obligation to take all necessary measures to hasten the delivery of the goods in case the accident lasts for more than 60 days the buyer shall have the right to cancel the contract
article 13 arbitration
all disputes arising out of or in connection with this contract shall be finally resolved by arbitration in accordance with the rules of arbitration of the international chamber of commerce (ucp600XX or uniform customs and practice for documentary credits) by one or more arbitrators appointed in accordance with the said rules the arbitration shall be conducted in abcbythe english language
buyer seller
(authorized signatureseal) (authorized signatureseal)annex 1international chamber of commercepublished copy of theuniform customs and practice for documentary credits600XX a copy of the publication is attached to the contract for sales and purchase of philippine manganese ore signed by and between_____________and _________________ dated ________________
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