Contract Specimen for FOB Wheat Bran Pellets
Contract FOB, GAFTA, Fodder
Seller and Buyer are acting in accordance with Articles of Association have made Contract and agreed as follows. Seller and Buyer are acting in accordance with Articles of Association have made Contract and agreed as follows. The SELLER undertakes to supply to BUYER, and the BUYER undertakes to accept commodity and to pay COMMODITY Wheat Bran Pellets in bulk GAFTA (hereinafter referred to as Goods), from crop. QUANTITY: 5’000 tons 10 % more or less at Buyer’s option. Weight is final at loading port as per Certificate of Weight issued by the first class super-intendent company at Buyer's choice and his expense. QUALITY/WEIGHT: Goods is sound, loyal, merchantable, free of foreign smell, alive insects, poisonous substances, quarantine objects not older then 3 month after production and corresponds to the following requirements:
Moisture: max. 14,5 %
Protein: min. 14,0 %
Fiber: max. 8,0 %
Diameter of pellets: 8,0–12,0 mm
Quality is final at loading port as per Certificates, issued by the first class superin-tendent company at Buyer's choice, order and his expense.
PRICE AND TOTAL VALUE: Price of Goods delivered Free on Board Buyer's vessel (FOB) under the Contract is USD 00 per one metric ton.