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HMS 1 and 2
$359 CIF. Scrap is in Chile , Seller in USA once agreement reached with seller
contract can be signed and done in Chile
DRAFT SCRAP SALES
CONTRACT
Contract No:
BUYER:
Adress:
Tel:
SELLER:
Our, company agrees to sell and Buyer agrees to buy HMS 1 and 2 material
in accordance with the terms and conditions hereinafter set.
CLAUSE 1: DEFINITIONS:
At this procedure, the following terms and meanings shall apply, unless otherwise defined:
a) Scrap: HMS 1 and 2 means the rule of "ISRI" in its natural state, as seen by Buyer.
b) Dollars and Cents U.S.: dollars and cents respectively mean in legal tender of the United States of America.
c) Ton: 1000kgs indicates metric tons as defined in the "International System of Units."
d) Parties: means a party to this agreement or the two together.
e) Storage: area where scrap is stored.
f) Delivery term: CIF
g) Cut: It means cutting the material, being the responsibility of Seller.
CLAUSE 2: PRODUCT
Steel scrap:
HMS No.1 and No.2.
80% HMS1 as per ISRI Code No. 200 - 201 - 202
20% HMS2 as per ISRI Code No. 203 - 204 - 205 – 206
Packing: In containers or bulk
Port of loading: Any Chile Port
Download Port: XXXXXXXXXX
Partial Shipment: Allowed
CLAUSE 3: SPECIFICATIONS
a) Dirt, dust and impurities are not more than 0.5% of total weight.
b) The goods are totally free of any type of radiation, bombs, arms and ammunition, mines, shells, cartridges, sealed containers, gas cylinders, explosives or explosive materials for use in any form, or otherwise can be used to that.
CLAUSE 4: DELIVERY PERIOD AND QUANTITY
Quantity: 30,000MT Month available X 12 - minimum 2000 mt per month
First Shipment within 30 days of receipt of L/C in Seller Bank.
CLAUSE 5: BASE PRICE
USD CIF TBD
Contract No:
BUYER:
Adress:
Tel:
SELLER:
Our, company agrees to sell and Buyer agrees to buy HMS 1 and 2 material
in accordance with the terms and conditions hereinafter set.
CLAUSE 1: DEFINITIONS:
At this procedure, the following terms and meanings shall apply, unless otherwise defined:
a) Scrap: HMS 1 and 2 means the rule of "ISRI" in its natural state, as seen by Buyer.
b) Dollars and Cents U.S.: dollars and cents respectively mean in legal tender of the United States of America.
c) Ton: 1000kgs indicates metric tons as defined in the "International System of Units."
d) Parties: means a party to this agreement or the two together.
e) Storage: area where scrap is stored.
f) Delivery term: CIF
g) Cut: It means cutting the material, being the responsibility of Seller.
CLAUSE 2: PRODUCT
Steel scrap:
HMS No.1 and No.2.
80% HMS1 as per ISRI Code No. 200 - 201 - 202
20% HMS2 as per ISRI Code No. 203 - 204 - 205 – 206
Packing: In containers or bulk
Port of loading: Any Chile Port
Download Port: XXXXXXXXXX
Partial Shipment: Allowed
CLAUSE 3: SPECIFICATIONS
a) Dirt, dust and impurities are not more than 0.5% of total weight.
b) The goods are totally free of any type of radiation, bombs, arms and ammunition, mines, shells, cartridges, sealed containers, gas cylinders, explosives or explosive materials for use in any form, or otherwise can be used to that.
CLAUSE 4: DELIVERY PERIOD AND QUANTITY
Quantity: 30,000MT Month available X 12 - minimum 2000 mt per month
First Shipment within 30 days of receipt of L/C in Seller Bank.
CLAUSE 5: BASE PRICE
USD CIF TBD
CLAUSE 6: Payment
Terms
1- Contract Signed Both parties Confirmed
2- Buyer opens LC , irrevocable, confirmed by first class Bank, by 100% of the value.
3- Shipments as per contract terms.
Seller’s Bank Information:
Seller
Bank Name Citibank S.A
Swift Code
CLAUSE 7: DELIVERY
a) Seller must tell Buyer the name of the ship and its approximate time of arrival at the destination port.
b) Advice Delivery: Seller shall, upon completion of the load along with details, including tonnage, the invoice number and value, shipping list, BL number, travel date or any other information that is required or necessary.
CLAUSE 8: FORCE MAJEURE
If at any time during the term of this contract, either party cannot fulfill its entirety or in part, any obligation under this contract, in the event of force majeure, such as war, hostility, military operation of any character, civil commotion, quarantine restrictions, acts of Government, fires, floods, explosions, epidemics, strikes, earthquakes, embargoes, then the date of fulfillment of an obligation will be deferred for as long as such circumstances is in operation.
If operation of such circumstances exceeds three months, either party shall be entitled to reject further execution of the contract, in which case neither party shall have any right to claim damages. The Party is unable to fulfill its obligations under this contract must (within 15 days of the occurrence of any of the reasons mentioned in this clause) shall inform the other of the existence of the circumstances preventing the performance of the contract. This fact must be proven by a certificate issued by the Chamber of Commerce or any other competent authority directly related to the reason given in the country of the seller or buyer. This will be sufficient proof of the existence of the above circumstances and their duration. The lack of availability of material and / or delay in transportation is no force majeure to sellers for not fulfilling its obligations under this contract.
CLAUSE 9: ARBITRATION
All disputes or differences arising between the parties out of or relating to the interpretation, underwriting, meaning and application or effect of this contract or the breach thereof shall be submitted to the attention of the Arbitration Center of the Chamber of Commerce of Brazil.
CLAUSE 10: MODIFICATION OF CONTRACT
Any amendment or modification of this contract shall be in writing and must be confirmed by the contracting parties.
CLAUSE 11: INCOTERMS AND GOVERNING LAWS
Commercial terms of this contract are subject to the laws of Brazil. This contract shall be governed and construed in accordance with Brazilian law.
BUYER
———————————————(authorized signature)
SELLER
——————————————— (authorized signature)
1- Contract Signed Both parties Confirmed
2- Buyer opens LC , irrevocable, confirmed by first class Bank, by 100% of the value.
3- Shipments as per contract terms.
Seller’s Bank Information:
Seller
Bank Name Citibank S.A
Swift Code
CLAUSE 7: DELIVERY
a) Seller must tell Buyer the name of the ship and its approximate time of arrival at the destination port.
b) Advice Delivery: Seller shall, upon completion of the load along with details, including tonnage, the invoice number and value, shipping list, BL number, travel date or any other information that is required or necessary.
CLAUSE 8: FORCE MAJEURE
If at any time during the term of this contract, either party cannot fulfill its entirety or in part, any obligation under this contract, in the event of force majeure, such as war, hostility, military operation of any character, civil commotion, quarantine restrictions, acts of Government, fires, floods, explosions, epidemics, strikes, earthquakes, embargoes, then the date of fulfillment of an obligation will be deferred for as long as such circumstances is in operation.
If operation of such circumstances exceeds three months, either party shall be entitled to reject further execution of the contract, in which case neither party shall have any right to claim damages. The Party is unable to fulfill its obligations under this contract must (within 15 days of the occurrence of any of the reasons mentioned in this clause) shall inform the other of the existence of the circumstances preventing the performance of the contract. This fact must be proven by a certificate issued by the Chamber of Commerce or any other competent authority directly related to the reason given in the country of the seller or buyer. This will be sufficient proof of the existence of the above circumstances and their duration. The lack of availability of material and / or delay in transportation is no force majeure to sellers for not fulfilling its obligations under this contract.
CLAUSE 9: ARBITRATION
All disputes or differences arising between the parties out of or relating to the interpretation, underwriting, meaning and application or effect of this contract or the breach thereof shall be submitted to the attention of the Arbitration Center of the Chamber of Commerce of Brazil.
CLAUSE 10: MODIFICATION OF CONTRACT
Any amendment or modification of this contract shall be in writing and must be confirmed by the contracting parties.
CLAUSE 11: INCOTERMS AND GOVERNING LAWS
Commercial terms of this contract are subject to the laws of Brazil. This contract shall be governed and construed in accordance with Brazilian law.
BUYER
———————————————(authorized signature)
SELLER
——————————————— (authorized signature)
