Page 71 - MEOMA Handbook
P. 71

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                           J
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                                                                                                                                                                     II
                                                   17.



                                                   CIRCLES




                                                                                                                                 is
                                                                                                                         in
                                                                                                                                        In
                                                                                         of
             If
                                                          is
                                                                            In
                                                                                                                                      the
                                                                on
                                                                                                                                                     and
                                                                                                          first
        be
                                                             into
                                           For
                                                                                                                              shall
                                                                                                                            shall
                                                          in
                                                        date
                                                                                 pass
                                         prior
                                                                                                                                        the
                                                                                    party
                                                                                                     Each
                                                                                                             other,
                                                                                                                                                   goods
                                                                                                                                              period
                                                                                         the
                                                                                                   Buyer
                                                                            the
                          Upon
             the
                                                             a
                                                                                                receipt
           result
                       apply.
                                                                  Where
                                                                the
                                                goods,
                                                                                                               Without
                                                                                                                                                        contract
                                                   Where
                                                                                      Seller's
                                      circle's
                                 always
                                                        of
                                         to
                                           the
                                                                                    in
                                                                                                                                              of
                                                                                                                         order.
                                                                                                                                                   of
                                                                          payment
           of
                               calendar
                                                   a
                                                                                                             the
                                                a
                                                                                                                                                     Seller
                                                                                                   for
                  shipment
                                                                                                                                   mentioned
                                                                                                          Seller
                                                                                              Malaysian
                                                                                                                                                contractual
                          the
                                                                                                of
                                                                       settlement
                                                                                                                            effect
        settled
                                                                                           conversion
                                                                                 down
                                                                  the
           a
                       For
                                                                                                                       immediately
                                                                                                     Buyer
                                                                                                                                        event
                                                                                                                                                   the
                                                                                    the
                                                                                                                                                        and
                                    subsequent
                                                                                         Bill(s)
                     description,
                                                                            event
                                                                                                                                                     to
                                                                          for
                                                                                                                              present
                                                                                                                                 established
                                                                basis
             goods
                                                                                           to
                                                        Bill(s)
                                                                                                             first
                                                                                                   the
                                                                                                          and
                                                                                                                                                        is
                                                                                 the
                                                                       as
                                                                                      selling
                                                                                         of
                               days
                  from
                                                circle
                                                          Malaysian
                                                                                                                         Upon
                       the
                                                             common
                                                   Seller
                     of
                                                                                                                                        the
                                                                of
                                         vessel's
                                                                  Sale
                                                        of
                                                                            any
                                                                                                                                 as
                                                                                           be
                                                                                                     shall
           circle
                                                                                                                                      establishment
                                           purpose
             are
                                                                                                               prejudice
                                 provided
                                      existence
                                                                                                                                                   same
                                                                                                                    document-by-pass,
                                                                                              parties
                                                                                                                       notify
                                                                                                                                              shipment.
                                                                                    string
                                                                                                                                                     each
                                    party
                                                                                                          last
                                                                          such
                  the
                                                                            of
                     the
                                           of
                               prior
        between
                                                                                                             Seller
                                                                                                               to
                                                shall
                                                                  and
                                                                                 string
                                                                                                                                      of
                                    in
                                                                                                                            immediate
                                      or
             not
                                                                                      price,
                                                                       above.
                                                                                                                       his
                                                                                                                                                        without
                               to
                                 that
                                                                                         Lading.
                                                                                                                         receipt
                                                                                              are
                                    a
                                                                                                     make
                                                                            the
                                                                                                confirmation
                                                                                           based
                                                          Ringgit)
                                                be
                       purpose
                                                                                                                                 above,
                                                        Lading.
           having
                                                                                                               the
                                                                                                                    then
                          establishment
                                           this
                                                                                    does
                                                                                                                              documents
                                                                                                                                                specifications
                                                             currency
                                                                                         If
                                                                different
                                                                                                                                                     other.
                                                                                                          Buyer
                                                                                                                                      the
                  same
                                                                                                   difference
                                                                                                                                        contracts
        each
                     same
                                                                                                             shall
                                                                                                                                 a
                                                                                                                         of
                                                                          quality
                                                                                                                                                   quantity
                               the
                                                                                      then
                                                                                           on
                       of
                                 the
                                      when
                          of
                                                                                                          to
                                                                                                                              to
                                                                                                                    the
                                         nomination
                                                                                                                       Seller
                                                   repurchases
                                                                                                                                                for
                                                                                         the
                                                                                    not
                                                          shall
                                    string
                                                                                                                                                     For
                                                                                                                                   payment/settlement
           been
                                                                                                from
                                                                                           the
                                                                                                               rights
                                                                  Purchase
                                                                                      the
                       this
                                                                                                                                                   and
                                                                                                                            payment
                                                                                                                       of
             tendered,
                                      the
   68
                                                                                                          pay
                                                                                                                                      string
                                                                            contract
                                                                                                                         such
                                                deemed
        Buyer
                  port(s)
                                                          be
                                                                                                                                                        prejudice
                                                                                                     payment
                                                                                                                              end
                                                                                         last
                          such
                                                                                              involved,
                                                                                                                                                     the
                                                                                 accordingly.
                                                                                                             invoice
                                                                                                                                        involve
                                           contract,
                                                   from
                     country
                                         when
                                    and
                               vessel's
             or
                                                                                                the
                                                to
                  of
                                                                                                                       the
                                                                            in
                                                                                    agree
                                                                                                   between
                                                                                                                            and
                                                                                                               and
                          a
                                                                                                                                                        to
                                                                                                     to
                                                          the
                                                                                                                                   term
                                                                                                                                 document
                                                                                           mean
                                                                                                                                        in
                                                                currencies,
        and
                                           a
                                                             (conversion
                                         all
                     of
                                                                                                                                      shall
                                                                                                             the
                                                                                              the
                                                   his
                                    the
                                                                                    to
                                                                                                                                                shipment
                                                                          adjustment
                                                                            the
                                                                                                     his
                       clause,
                                                                                                                                                        the
                                                                                                                    documents
                                 nomination
                                                                                         Buyer
                                                                                                                                   by
                                                                                                   his
                                      vessel's
                                                                                                                         Seller's
                                                                                                                                        the
        his
                                                have
                                                                                    a
                                                                  contracts
                                                                the
                                                                                                                                      be
                          circle,
                                                                                                Buyer
                               arrival
                                                                                                             last
                                                                                                                       same.
                                                                                                                                                     purpose
             having
                                                          mean
                                                             into
                                                                                                                              receiver.
                                                                                      documents
                                                                                                                                   all
                                           circle
                  loading
                                 is
           established,
                       the
                                                                                                                            confirm
                                                                                                                                                from
                                                                                                                                                   descriptions,
                                                                                                          accordingly.
                                                   Buyer
                                                                                                                       If
                                    same
                     origin;
                                         parties
                               at
                                                                            string
                                                                          shall
                                                                                         does
                                                                                                                    shall
                                                                                                                                                     of
                                                                                                                                 by-pass
                                                                                                     Seller
                                                                                                                                                        rights
                          the
                                                                                                                            to
                                                been
        Seller
                                                                                                               obligations
                                                                                                                                        string
                                                   or
                                                                                           exchange
                                                                                                that
                                         to
                                                                                                                                                   of
                                                                                                   buying
                     of
                                                                            is
                                                                                                                                                the
                                                                                                                       the
                                                                                      shall
                                                                                                     or
                                           shall
                                                                                                             Buyer
                                                                                                                              Upon
                                                                                         not
                                                                                              settlement
                                                                                                                                                     this
                               load
                                                                                                                                      subject
        in
                       same
                                                                                                                            his
                  during
                                                                                                                                   parties
                                                                                                               of
                                                                  involving
                                                                                                                    pass
                                                                                                                                 may
                                                                          also
                                                                                                                                                        and
                                                                            on
                                                                                                                                                   the
                                         the
                                                                                                                                        are
                     the
                                                                                                the
           invoices
                                                                                                             on
                                                                                           rate
                                           be
                                                                exchange
             tendered,
                                                   from
                                 received
                                      nomination
                                                                                                                                      to
                                                          exchange
                                                                                              is
                                                                                                   and
        the
                                                             Malaysian
                  the
                                                                                                     each
                                                                                                                       party
                                                                                                                                                same
                                                                                      pass
                                                                          be
                                                                                                                         confirmation,
                                                                  the
                               port.
                                                                            the
                                                                                         agree
                                                                                                                                 take
                                                                                                             the
                                                                                              to
                                    nomination
                       goods
                                                                                                                    down
                          provisions
                                                                                                                       in
                                                   any
                                                                                                                                      the
                                                                                                                                                   same
                                         circle
                                                                                                                                                     clause,
                                      has
                                                          rate
                                                                rate
                                                                                                                              receipts
                                                                                         to
                     same
                                                                                                                                        based
                                                established.
                                 back
                                                                                                                                                port
                                                                                                                                   involved
           based
        circle
                                    is
                          of
                  same
                                                                                              be
                                                                                    document-by-pass,
                                                                                                                       the
                                                                                                                    the
                                                                                      down
                                                                                                   selling
                                                                                                                            immediate
                                                                                                     Seller
                                                                                                                              of
                                                                          made
                                                                            basis
                                                                  same
                                                                                                               respective
                                           deemed
                                                             Ringgit
                                         are
                                                                                                                         each
                                                                                                                                        on
                                                                                                                                 place
                                                                                                                                   in
                                                                                                             basis
                                                                                                                                                     the
                                                                                                                                                of
                                                                                                                                                        obligations
                       shall
                                 by
           on
        by
                                                                                              in
                                      been
                          the
                                                                            of
                                                                                           established
                                           to
                                                                                                documents
                                                                                                             of
                                                                                      the
             documents
                                                                                                                                                   country
                                                                                                                                                        of
                                                                                         accept
                                                                                                                                   the
                                                                                                     shall
                                                                                    then
           the
                                                                                                                    string
                                 the
                                                                                                                       string
                  period
                                                                                                                            Seller
                                                                                           by
                                                                                                                         party
                                                                          along
                                                                                                   prices
                                                                                                                                                   of
                                                                                                               Buyer
                                                             where
                                                                            any
                                                                                                                                                     same
                                                                applicable
                                    received
                                                                                                             the
                       mean
                                                   subsequent
             are
                                                                                                                                                        the
                                                          established
                                                                                                are
                                                                                                                                      acceptance
                  of
                                                                                                                                                loading
                                           have
                     contractual
                                                                                    the
                                                                                                                                        different
                                         identified
                                                                                                                         in
                                                                                      string
                                                                                                                                 whereby
                                                                  party(ies)
                                      passed
                          Default
        payment
                                                                                                                            that
                                                                for
                                                                                                     make
                                                                                                                       does
                                                                                                                                   string.
                                                                                                in
                                                                                                               and
                                                          by
             not
                                                             one
                                                                          with
                                                                                                                                      of
                                                                                                                              documents,
                                 Buyer
                                                                                              Malaysian
                                                                  in
                                    back
                                                                                                                                                   origin,
        of
           contract
                                                                                                                                 the
                                                                                                                         the
                                                                                                                                                     goods
                                      by
                                                                            quality
                                                                                                             selling
                       goods
                                         and
                                                             of
                                                                                           PORAM
                                           been
                                                                the
                                                                                                                       not
                                                                                                                                                during
                                                                                         documents
                                      a
                                                                                                                                      the
                                                                                                                                                   of
                                    by
                                                                  the
                                                                                                                              end
                                                   Buyer(s)
                       of
                                                                                                                    accordingly.
                                                                                                               Seller
                                                                                                                                   When
                          Clause
                                                                                                                                 end
                                                             the
                                                                                           on
                  shipment.
        each
                                                                                                order.
                                                                                         at
                                                                                                                                        payment
                                                                                                                                                        respective
                                                                                                                                                     shall
                                                                                                                                                the
                                                                                                   immediately
                                                                                                                                                   the
                                    the
                                                                                                             price
                                                                                                                                   a
                                                          PORAM
                                                                                                     payment
                                                                                                                         string
                                                                                                               to
                                                                                    documents
                                                   the
                                         aware
                       the
                                                                                           the
                                                                          payment
                                                                                                                       agree
                                                                                                                            documents
                                 fourteen
             presented
                                                                                              Ringgit,
           quantity
                                                                                         the
                                                                                      accordingly.
                                                                                                             of
                                      Buyer
                                                                                                     to
                                                                  string
                     specifications
                          shall
                                         of
                                                                                                                       to
                                                                                      If
                                      to
             as
                                                                                                                                                     mean
                                                                                                                                   string
                                                                                                                                      hereafter
                                                                                                                                                   same
                                                                                                                                        terms,
                                                                                                                                                same
                                                                                                                                 shipper
                                                                                                                            are
                                                                                                                              receiver
                                                                                                                         shall
                                                                                                                       a
                                                                                                                                                        BUyer
                                                                                                               each
                                                                                         first
                                                                                              the
                                                                                                             the
                                                                                                     his
                                                                                    shall
                                                                                      a
                                                                conversion
                                                                            adjustment,
                                                                                                Where
                                                                                                   upon
                                                                                           date
                                                             contract
                                                          on the
                                                                          and
                                                                  are
                                           established
                                         the
                                                   same
                                 (14)
                     for
                                      a
        Buyer to
           shall
             a
                       same
                                    Buyer,
                          not
                                                   2'
                                                                                                1
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