FSAP LOI CDSO 2009 VII

Document Sample
FSAP LOI CDSO 2009 VII Powered By Docstoc
					                               Company original Letter Head


         ________________________________________________________________________

       Address:
       Street:
       City:
       E-Mail:
       Skype:
       Tel:
       Fax:
       ___________________________________________________________________________




                              Letter of Intent (LOI)
LOI/REF. Number:

Date:


 To:    FOUR SEASONS PACIFIC Ltd.
        10/F, Hong Kong Trade Centre
        161,Des Voeux Road, Central
        Hong Kong
Att:     Michael M. Beise (CEO)



We the undersigned “…… hereby confirm with full legal and corporate responsibility and under
penalty of perjury that we are ready, to purchase the commodity ….. In the quantity and for the
price as specified in the Terms and Conditions stated below. This representation is made with full
corporate authority of the above stated buyer.


 COMMODITY:                Crude Degummed SOYOIL CDSO

 ORIGIN:                   South America

 SPECIFICATIONS:           DIN 51605 – verified by SGS standard

 MOQ-QUANTITY:             CDRO 5.000/MT – CDSO 12.500/MT

 PACKING:                  bulk vessel oil tank

 SHIPMENT Schedule:        immediately, repeat or extension order optional

 MODE OF PAYMENT:          T/T 30/70 CAD – TDLC at sight

 FIRM PRICE Quotation:     CDSO USD 899/MT CIF

 DESTINATION PORT:          port to be disclosed unloading rates PWWD/SHEX

 INSPECTION:                S.G.S on loading port
Shipping Document:


      Original Bill Of loading 3 copies
      Original Commercial Invoice in 10 Copies
      Certificate of Original legalised by Chamber of commerce
      Manufacturer Certificate.
      Certificate of Weight and Quality at Seller Cost issued by one of the following
      In dependent Supervisor companies: SGS
      Buyer has the right to nominate on his cost any other Independent
      Supervision and have all right to be present or represented during the Loading.


CAD- PROCEDURE:

  1. Buyer send purchase order confirmation by using LOI as officially Order.

  2. Seller confirm by issuing “Performa Invoice” including in order of documents

       Specs, Packaging, Prices, Payment Terms, Lead time, final destination port.

  3. Buyer transfer 30% of the total P/I value as advance payment.

  4. Seller provides immediate full set of shipping documents as above.

  5. Buyer balanced rest payment 70% by T/T confirm by MT103 vs. copy of B/L.


TRDLC – Procedure:
  a) Seller will provide a soft offer. (This document);
  b) If a deal is coming through sellers mandate, agents or intermediaries, an NCNDA have to be
       signed by all parties including the buyer to protect everyone interest to the transaction;
  c) Buyer sends Letter of Intent LOI or ICPO addressed to FSAP-HK
  d) Seller (Represented by FSAP-HK) issue FCO in favor of the buyer;
  e) Buyer returns FCO with acceptance page filled, signed and endorsed, or ICPO;
  f) Seller (represented by FSAP-HK) would release draft contract;
  g) Contract negotiation begin over emails between End Buyer and End Seller thru FSAP-HK
  h) Final draft contract sign electronically by both end buyer and seller;
  i)   Final contract signing would be schedule in Sellers Head Quarter where all
       concession/allocation and past performance would be presented;
  j) N/A
  k) Within seven (7) banking days the buyers bank sends the non-operative payment
       instrument;
  l)   Within seven (7) banking days seller would provide 2% performance bond which would
       automatically activate the L/C.
  m) Delivery and shipment commence as per schedule mutually agreed in the contract.
BUYER’S INFORMATION

COMPANY NAME:

CEO/Chairman:

ADDRESS:

CITY/ZIP:

COUNTRY:

TEL:

FAX:

E-MAIL:

DIRECTOR NAME:

TEL:

SKYPE:


BUYER’S BANK COORDINATES

BANK NAME:

ADDRESS Bank:

CITY/ZIP:

COUNTRY:

BANK TEL:

BANK FAX:

ACCOUNT NAME:

ACC/NUMBER:

BANK SWIFT CODE:

BANK OFFICER’S NAME:

TITLE:

DIRECT TEL/FAX:


IF NOT UNDER TOP 50 WORLD BANK, IT IS OBLIGATORY TO FILL THE BANK NAME OF
BUYER’S CORRESPONDENT BANK BELONG TO TOP 50 WORLD BANKS BELOW:


TOP 50 Banks: > http://www.bankersalmanac.com/addcon/infobank/wldrank.aspx
 BUYER’S CORRESPONDENT BANK OF TOP 50 WORLD BANKS:

 BANK NAME:

 ADDRESS Bank:

 CITY/ZIP:

 COUNTRY:

 BANK TEL:

 BANK FAX:

 ACCOUNT NAME:

 ACCOUNT NUMBER:

 BANK SWIFT CODE:

 BANK OFFICER’S NAME:

 TITLE:

 DIRECT TEL:



We “……………” (Company name) give our permission to sellers bank for soft probe.

For and on behalf of ……… TO “Company Name”

This is the only current active LOI/ICPO and has been exclusively offered to the company:
FOUR SEASONS ASIA PACIFIC LTD, HONG KONG for the release of the FCO/Draft Contract.
This LOI takes precedence over any other LOI`s/ICPO´s currently issued for this commodity.



SIGNATURE:                                 CORPORATE STAMP/SEAL




NAME:

TITLE:

DATE:


Validity LOI 7 days from issuing SCO.

LOI must be completely filled out, signed by Chairman/CEO sealed with company stamp,
otherwise seller does not consider.

				
DOCUMENT INFO
Shared By:
Categories:
Tags:
Stats:
views:12
posted:7/27/2012
language:
pages:4