Milling Wheat, 11.5, Offer, AA
Seller is ready to offer (SCO) and looking for RWA Buyer is ready to buy (LOI) commodity. SUBJECT OF THE SOFT CORPORATE OFFER (SCO). The SELLER undertakes to supply and transfer to the RWA BUYER, and the BUYER undertakes to accept the Goods and to pay it on the terms of the present SCO. Title of goods. Notwithstanding delivery of or the passing of risk in the goods to Buyers or any rule, regulation or provision to the contrary, title of goods shall not pass to the buyers until sellers have received payment of their invoice value in full in accordance with the terms of this SCO.
Quality in accordance the following specification of Ukrainian milling wheat of the group A of 3rd class with following specifications:
Protein (on dry matter basis Nx5.7) : 11.5% Min
Moisture: max. 14%
Foreign matter: max. 2%
Test weight: min.76 kg/hl
Bug Damaged: max.2%
Wet Gluten(ISO 21415-1) min.21%
Date of delivery corresponds to date of B/Ls.
Payment for goods to be made by the Buyer in US dollars by ITLC at sight (including BCL, MT 799) to the Seller’s account:
a) Commercial Invoice;
b) Full set of 3/3 original;
c) Certificate of Origin;
d) Quality and Quantity certificate;
e) Fumigation Certificate;
f) Phytosanitary Certificate;
g) Packing List
Quantity and quality of goods final at place of stuffing into containers as per Certificate issued by GAFTA Member inspection company at the Seller's account.
All other terms, conditions and rules, not in contradiction with the above contained in GAFTA of which the parties admit that they have knowledge and notice, apply to this transaction. The parties undertake not to reduce at execution of the Present SCO cooperation to observance only requirements containing by the Present SCO, to support business contacts and to take all necessary measures for maintenance of efficiency and development of commercial communications.
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