White Refined Cane Sugar Grade

Commodity: White Refined Cane Sugar Grade "A" Icumsa 45
Quantity: 50.000.000 mts/tons
Country of Origin: Brazil
Unit Price: US$ 298.0 (CIF ASWP/MT)
Shipping : Initials of 150.000 mt / month in the first 8 months, later 200.000 mt in the that 1st year-old last 4 months. In the 2nd year, 12 embarkments of 250.000 mt a month. In the 3rd year, 12 embarkments of 300.000 mt a month.

Ship : 45 /55 Dias.
Incoterms: CIF ASWP
Payment Terms: CIF ASWP BG every 12 months, Renewable until the end of the Contract, Unconditional, Irrevocable, Transferable, Divisible and Confirmed or Issued by First Line World Bank TOP 25.

PROVIDER´S DEMAND

1. LETTER OF INTENT AND BANK CAPABILITY LETTER
The Letter of Intent must be filled (Buyer's Name, Full Address and Full Bank Coordinates), issued in Letterhead Paper with Stamp, Signed and Sealed by Buyer. The Letter of Intent must be along with a Bank Capability Letter issued by a Prime Word Bank.

2. PERFORMANCE BOND
The Performance Bond shall be sent to Buyer's Bank and shall be equal to 2,0% (Two Per Cent) per Metric Ton. Bigger information in the contract.

3. PRODUCT DELIVERY
Within 45 to 55 (thirty to forty five) days from operative financial instrument. Delivery schedule subject to buyer and seller agreement to expedite process.

4. PROCEDURES
1. Buyer issues LOI with full banking coordinates and permission to Seller's Bank to contact our Bank for soft probe of founds and BCL OR RWA.
2. Seller issue the FCO.
3. Buyer sign, seal and return the FCO.
4. Seller issue's draft of contract.
5. Buyer signs the draft contract and send it back to the Seller.
6. Buyer's bank send by swift to the Seller's bank the POF for the whole amount of the contract value.
7. Seller's will send the POP to the Buyer's bank.
8. Buyer's bank issue and send by swift the LC 100% at sight to the Seller's bank within 48 hours after receive the POP.
9. Seller posts Performance Bond (PB) for the value of 2,0%.
10. Seller sign the final contract and return it to buyer.
11. Shipment begins. Buyer can made a physical inspection together with SGS at the time of loading of product.