Standard contract terms for Brazil Nut
Kernels issued by Amberwood Trading Ltd
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Origin Bolivia
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Origin Brazil
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Commodity
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Bolivian origin Brazil Nut Kernels - FAQ (fair average quality) 199X crop |
Brazilian origin Brazil Nut Kernels - FAQ (fair average quality) 199X crop |
Packing
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Goods packed in 44lb nett weight aluminium foil vacuum packs in cardboard
cartons.
Note: There are between 780 and 800 cartons in one 20 foot full container load
depending on the particular factory).
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Goods packed in 44lb nett weight aluminium foil vacuum packs in cardboard
cartons.
Note: There are between 750 and 800 cartons in one 20 foot full container load
depending on the particular factory).
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Price basis
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US Dollars per lb, nett weight |
US Dollars per lb, nett weight |
Shipment Basis
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Goods are sold basis FOB (Free on Board vessel) Chilean port
Note: Goods are generally exported from Arica, Chile
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Goods are sold basis FOB (Free on Board vessel) Belém, Manaus or Santarem at
Seller's option
Note: Goods are generally exported from Belém
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Payment
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Buyers shall open an irrevocable, Letter of Credit for 100% of contract value
confirmed through a first class US or European bank. Buyers shall ensure that
the L/C is available for negotiation in good time prior to shipment. Where the
contract date precedes the first day of the first month of shipment by more
than 15 days, L/C shall be opened not later than 15 days prior to the first day
of the first month of shipment; in all other cases the L/C shall be opened
immediately. A copy of Buyer's application and/or original L/C shall be sent
via fax to Brokers. L/C to be opened in favour of Sellers through (Seller's
bank details) and to permit negotiation at the counters of any Bolivian bank.
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Buyers shall open an irrevocable, Letter of Credit for 100% of contract value
confirmed through a first class US or European bank. Buyers shall ensure that
the L/C is available for negotiation in good time prior to shipment. Where the
contract date precedes the first day of the first month of shipment by more
than 15 days, L/C shall be opened not later than 15 days prior to the first day
of the first month of shipment; in all other cases the L/C shall be opened
immediately. A copy of Buyer's application and/or original L/C shall be sent
via fax to Brokers. L/C to be opened in favour of Sellers through (Seller's
bank details) and to permit negotiation at the counters of any Brazilian bank. |
Special Conditions
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To be good sound merchantable quality, fit for human consumption.
Contract sold subject to passing the requirements of the relevant Health
Authorities at the country of destination, except in the event of damage by
perils of the sea.
Aflatoxin guaranteed to be below the code of practice and/or legal requirements
of country of destination and microbiological analysis guaranteed to be below
levels, set out in attached schedule, both ontesting within 28 days of the
final date of landing. Such testing to be by accepted authority, including
major consumers laboratory in case of FCL's delivered directly, without loss of
identity. Rejection to be allowed only after independent re-test by mutually
agreed surveyor.
Documents to include microbiological analysis, aflatoxin negative certificate,
phytosanitary certificate and certificate of origin, in addition to usual
shipping documents.
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To be good sound merchantable quality, fit for human consumption.
Contract sold subject to passing the requirements of the relevant Health
Authorities at the country of destination, except in the event of damage by
perils of the sea.
Documents to include microbiological analysis, aflatoxin negative certificate,
phytosanitary certificate and certificate of origin, in addition to usual
shipping documents.
Note: The Brazilian factories refuse to guarantee aflatoxin levels on arrival
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Trade Association Terms
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Any controversy or claim arising out of or relating to this contract or breach
thereof, shall be settled by arbitration in New York, N.Y. by the Association
of Food Industries, Inc.. of New York in accordance with its rules then
obtaining, and judgement may be entered upon the award. This contract shall be
construed according to and governed by the laws of the State of New York, USA.
or
Any controversy or claim arising out of or relating to this contract or breach
thereof, shall be settled by arbitration in London in accordance with the terms
and conditions of the Combined Edible Nut Trade Association, CENTA, in
accordance with its rules then obtaining, and judgement may be entered into
upon the award. This contract shall be construed according to and governed by
English Law.
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Any controversy or claim arising out of or relating to this contract or breach
thereof, shall be settled by arbitration in New York, N.Y. by the Association
of Food Industries, Inc.. of New York in accordance with its rules then
obtaining, and judgement may be entered upon the award. This contract shall be
construed according to and governed by the laws of the State of New York, USA.
or
Any controversy or claim arising out of or relating to this contract or breach
thereof, shall be settled by arbitration in London in accordance with the terms
and conditions of the Combined Edible Nut Trade Association, CENTA, in
accordance with its rules then obtaining, and judgement may be entered into
upon the award. This contract shall be construed according to and governed by
English Law.
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