We can prepare spa & send to you if any of below procedure ok by you. TTT--AKACHUKWU1. The Seller and the Buyer have agreed on the price structure with a GROSS DISCOUNT of U $D7. 00 & Net U $D4. 00. Parties have consequent upon this agreement signed this signed SPA. 2. Seller provides feeder vessel info and SGS report onLoaded cargo. 3. Buyer forwards CPA and issues ATB to Seller. 4. Vessels come alongside. 5. Buyer posts Documentary Letter of Credit (DLC) to Sellers Account. 6. Transshipment takes place. 7 Buyer performs final SGS and pays for crude andCommissions pursuant to final Q & Q. 8 Seller hands over documents as stated in clause 5 belowCIF---------------------FOLLOW THE GUIDE LINES SO SET BY THE INTERNATIONAL CHAMBER OF COMMERCE AS PER "INCOTERMS 2000" FOR PURCHASE AND SELLS OF CRUDE OIL. . . No BOND REQUIRED. . PROCEDURES: SELLER / SELLER MANDATE MAKES FULL CORPORATE OFFER. BUYER ISSUES BANK ENDORSED ICPOBUYER / SELLER SIGN SEAL ICPOSELLER ISSUES FULL STYLED CONTRACT THIS CONTRACT INCLUDES BUYERS SELLERS BANKING. SELLER / BUYER SIGN SEAL THIS CONTRACTSELLER GIVES TO THE BUYER: SHIP NAME, CALL LETTERS, CAPTAINS NAME AND COPY OF THE ASPATANKVOY CHARTER PARTY. BUYER VARIFIES VESSEL. BUYER ISSUES DOCUMENTARY LETTER OF CREDIT. SELLER DELIVERS CRUDE OILBUYER PAYS FOR THE CRUDE OILBUYER PAYS COMMISSIONSOTHER THINGS. ON THE CIF, BUYER MUST ISSUE BANK ENDORSED ICPO. DISCOUNT 5 / 3
