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Below is the seller's procedures on TTO & CIF. & Procedures CIF 9/5 discountI. Buyer and Seller sign and seal this Contract including banking coordinates and exchange the signed copy by electronic mail. The electronic signed copy by both Parties is considered legally binding and enforceable. The buyer return back the signed contract with BCL or Letter of readiness from the buyers bank or The buyers bank to endorse the contract. II. . Seller ie NNPC upon receipt of signed contract from Buyer, within (3) banking days SELLER BANK SWIFT the confirmable POP and PROVINSIONAL LIFTING RIGHT and NORMINATED VSL details in Buyers name for one way voyage charter to Buyers port of destination and copy the buyers bank for confirmation by swift. (Verification at the Office of Terminal Supretendent, NNPC Bonny Ocean Terminal, River State, Port Harcourt.) III.Buyer upon reciept and confirmation of para 2 within three (3) banking days,issues confirmed, irrevocable, transferable and revolving operative Letter of == PROCEDURE TTO 10/6 discount1. Buyer issue a Bank endorsed ICPO to the sellers Mandate/Agent. The ICPO Must be addressed to; The Director of Operations NNPC Platform,Bonny Ocean Terminal, Bonny Island, Port Harcourt, Nigeria2. Buyer and Seller sign the SPA contract incorporating their full banking details.3. The Buyer shall submit its ATB format for Supercargo and Inspectors to Seller.4. The Seller shall nominate a Vessel and submit information on it to the Buyer and also cause the Captain of the vessel to issue a Marine ATB for the Buyers Supercargo.5. The Seller shall board the Buyers Supercargo on the nominated vessel at Sellers cost. Company Name: Amaro-Energy UK Street Address: Enstone rd. City: Enfield Province/State: Middlesex Country/Region: United Kingdom Zip: EN3 7WL Telephone: 44-788-8844554
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