ContractNo.:XXX
SalesandPurchaseContractFOR
ManganeseOre
ThiscontractismadeandenteredintoonXX,Feb2008undertermsandconditionsaspertheinternationalchamberofcommerce-600(ICCUCP-6002007revision)byandbetween:
TheBuyer:
Address:
Tel:
TheSeller:
Address:
Tel:
WherebyselleragreestoselltobuyerandBuyeragreestobuyfromsellerManganeseOreunderfollowingthetermsandconditionsstipulatedbelow:
Article1Commodity
ConcentratedmanganeseOre
Article2Specifications
ConcentratedManganeseOre
Size:0-5mm(90%min)
%Mnmin.40.0%
%Femax.15.0%
%Silica(SiO2)max.1.0%
%Aluminum(Al)max.4.0%
%Smax.0.20%
%Pmax.0.10%
Moisturemax.7%
Article3Quantity:
500MT,partialshipmentnotallowed.
Article4OriginandPortofloading
4.1RepublicofABC
4.2Loadingport:
Article5PackingDelivery
5.1In50kgsack
5.2IncontainerShipment,moreorless20tons.
Article6ShipmentDelivery
6.1500MT(+-5%)partialshipmentnotallowed
6.2Shipmentwillbe90daysaftersigningofthiscontractandaftertheacceptanceoftheLetterofCreditbyseller’sbank.LCwillbeopenedafterBuyerreceivingProformaInvoicefromSellerwithconfirmationofthedeliveryschedule.
6.3TheBuyerhastherighttoappointtheindependentsurveyororhisrepresentativetoconductthePre-shipmentInspectionandorconductthejoint-inspectionofthematerialwithbuyerforhisownaccount.
Article7ContractedPriceandValues
Price:Mn:48%andabove-USD0.00%DMTCFRCYPort,China
40%-47.9%-USD0.00%DMTCFRCYPort,China
TheMncontentwillbeaverageofthejoint-inspectiontestingresultatloadingport.
Article8Payment
8.1PaymentshallbeeffectedinfullbyanirrevocableLetterofCredit,whichwillbeopenedby1stclassbankinHongKongorSingapore,100%atsightuponpresentationofshippingdocuments.
A.Seller’sBankingDetails:
BankName:
BankAddress:
AccountName:
S.W.I.F.T.CODESWIFT:
B.Buyer’sbankissuesLCtotheSeller"sbankviaS.W.I.F.T.wiretransfer.
Buyer’sBankingDetails:
BankName:(willbeadvised)
BankAddress:
AccountName:
S.W.I.F.T.AddressSWIFT:
Article10InspectionofAnalysisWeight
TheshipmentinspectionandanalysisshallbedonebyCCICappointedbytheSellerandoneindependentsurveyor(i.e.:SGSorGeo-Chem,etc)appointedbythebuyerasagreedbybothpartiesatsitebeforeloadingtocontainer.Whilefinalweightandqualitydeterminationshallbedoneatloadingportbytheabovejoint-survey.Moisturecontentshallbedeductedfromthetotalweightshipped.
Article11Documents
Sellershallpresentthefollowingdocumentstothebuyer:
A.SignedCommercialInvoicefor100%ofthetotalcargovalueindicating,quantity,unitpriceandthetotalAmountofValueofthedeliveredcommodity,1originaland3copies.
B.Certificatesofquantity,qualityandweightissuedbyCCICandoneindependentsurveyorappointedbythebuyer.
C.CertificateofOriginissuedbyABCDepartmentOfTradeorconcernedGovernmentauthorities,Ioriginaland2copies.
D.WeightList,showingtotalweight,1originaland3copies.
E.BillofLading,3originalcopiesand3non-negotiablecopies.
Article12ForceMajeure
TheSellershallnotberesponsibleforthedelayofshipmentornon-deliveryofthegoodsduetoForceMajeureunderUCP600.Thesellershalladvisethebuyerimmediatelyoftheoccurrencementionedaboveandwithin3daysthereafterthesellershallsendanoticebycouriertothebuyeroftheiracceptanceofacertificateoftheaccidentissuedbythelocalchamberofcommerceunderwhosejurisdictiontheaccidentoccursasevidencethereof.Undersuchcircumstancestheseller,however,arestillunderobligationtotakeallnecessarymeasurestohastenthedeliveryofthegoods.Incasetheaccidentlastsformorethan60daysthebuyershallhavetherighttocanceltheContract.
Article13Arbitration
AlldisputesarisingoutoforinconnectionwiththisContractshallbefinallyresolvedbyarbitrationinaccordancewiththeRulesofArbitrationoftheInternationalChamberofCommerce(UCP-6002007orUniformCustomsandPracticeforDocumentaryCredits)byoneormorearbitratorsappointedinaccordancewiththesaidrules.ThearbitrationshallbeconductedinABCbytheEnglishlanguage.
BuyerSeller
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