Page 80 - MEOMA Handbook
P. 80

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                                                                                                                                                    3)
                                                                                                                                              4)
                                                                                                                                                          2)
                                                                                                                                     5)
                                                                                                                                  6)
                                                                                  In
                                2)
             In
                                         1)
                        3)
                                                                          the
                                                                                                                     that
                                                                                                    and
                                                                                               end
                                                                                        shall
                                                If the
                                                                    Upon
                                                                                  the
                   pass
                                                       Each
                                                                        effect
                                                                                                  within
                                                                               string
                                                               string
                                                             other,
                                                          Buyer
                                                                                                       Where
                                                                  same.
                                                                                                                        Should
                                                                                                                           Buyers
                                                                                             intents
             the
                                                                                                                   Buyers,
                                                                          end
                           of
                                                                                                                                                          Full
                                                                                                                contract.
                                                                             involved
                                                                                                                                           and
                                                                  If
                                                          to
                                                    between
                                                                                                  the
                                                last
                                                             the
                                                                                                       the
                                                                                          obligations
                                                                                                          STRINGS
                                                                                                                           are
                                                                                                                   by
                                                                                        mean
                                                  documents
                                                                             in
                                                                                             and
                                                                               shall
                                                                                                                     delivery
                                                                                                                                              Survey
                 documents
                                                                                                                                                          set
           adjustment
                   down
                                                                                  event
                                                       Buyer
                                                                  the
                                                                                                                                         shipped
                                                                                                                                                       vessel's
                                Where
                                         Where
                        Where
             event
                                                                    receipt
                                                                                                    Receiver
                                                                                                                           to
                                    Lading.
                                                          pay
                                                                                               Shipper,
                                                                                     specifications
                                                                                                                   a
                                                    his
                                                                                                                                                 surveyor;
                                                                                          of
                                                                                                                                                          of
                                                             first
                                                                                                                                  Certificate
                                                                                                                                                    Certificate
                                                                                                                                     Certificate
                                                                                                                     of
                                                                               be
                                                                             the
                                                  are
                                                                                  the
                           Lading.
                                                                                               a
                   the
                                                Buyer
                                                                    of
                                       conversion
                                                                        immediate
                                                                          Shipper
                              conversion
                                                                                                       goods
                                                                                     for
                                                                                          the
             any
                 shall
           shall
                                                       shall
                                                                  party
                                                                                                    and
                                                                                                                                                    of
                                                                                                                                  of
                                both
                        both
                                                                                                                                     of
                                                                                        goods
                                                  in
                                         both
                                                                                                                                              report
                                                                                                                        documents
                                                                                                                                                       tanks
                                                               accordingly.
                              to
             of
                                                                                                                     such
                                                                                                                                           pipeline(s)
                                       to
                                                                                                                           accept
                                                                                                                                                          clean
                                                                                                                                         weight;
                                                                                        of
                                                                  in
                                                                                                  provisions
                                                             Seller
                                                                                             purposes
                                                    buying
                                                                                               string
                                                                    such
                                                does
                                                                             string.
                                                                                                                        be
           also
                                                                          shall
                 pass
                   string
                                                                               subject
                              be
                                                                                                                                                       into
                                                                                                                                         or
             the
                                       be
                                                                                                    each
                                                                                                  of
                                                       make
                                                                  the
                                                                                        the
                        Seller
                                Seller
                                                  order.
                                                                                             be
                                         Seller
                                                                                                                                  Origin.
                                                                                                                   recognised
                                                                                                                                                          "On
                                                                                                       forming
                                                                                                                                           and
                                                                                  contracts
           be
                                                          accordingly.
                                                not
                                                                               to
                                                                                                                                              issued
                                                                        payment
                                                                                                                                                    shipped
                                                                                                                     Bill(s)
                                                    and
                                                             shall
                                                                                     shipment
                                                                                             to
                                                                                                                                     Analysis,
                                                                                                  the
                                                               Without
                                                                                               shall
                                                                                          respective
                                                                                                                           certified
                                                                             When
                                                  The
                        and
                 down
                                and
                                                                                                                     of
                                                                                                                                              by
                                                                                                                                                       which
                                                                                                       the
                                                                               the
                                         and
                              based
                                                                    Sellers'
                                                                                                                                         written
                                                                  string
                                                                                        same
                                       based
                                                                                               be
                                                                        and
                                                                             a
                                                                          present
                                                                                                                                              a
           made
             contract
                                                                                                                   bank.
                                                                                     from
                                                agree
                                                                                                                                                          Board"
                 the
                                                       payment
                                                                                                                        presented
                              on
                                                                                                                                                       the
                                                                                                                                         or
                                                    selling
                                       on
                                                                                                                                     issued
                                                                                  involved
             in
                                                to
                                                                                                                                                    weights
                        Buyer
                                                                                                       basis
                                                             invoice
                                                       to
                                Buyer
                   accordingly.
                                                                  does
                                                                                             facilitate
                                                                                     the
                                                                                                    intermediate
                                                                                          Buyers
                                         Buyer
                                                                                                                     Lading
                                                                                                                                           particulars
                              the
                                                                                  in
                                                                                                  Shipment
                                                                             string
           along
                                                               prejudice
                                                                                                                                     by
                                       the
                                                                                                       of
                                                                                                                        with
                   If
             the
                                                                                        quantity
                 string
                                                                                                                                                          Bill(s)
                                                                                                                           photostat
                                                                        conform
                                                       his
                                                             the
                        are
                                                                                               deemed
                                                  settlement
                                are
                                                                             is
                                                                  not
                                                                                                                     be
                                                                                             the
                                                                                                                                                       goods
                                         are
                   a
                                                               to
                                                                                          and
                                                                                                                                           as
                                                                                                                                     an
                                                                                  the
                                                    prices
                                                                                                                                                          of
                                                                        to
                                                accept
                                                                               acceptance
                                                                                                       this
                                                                                               to
                                                                                     same
                                                                                                    party
           with
                                                                                                                                              recognised
                                                                          documents
                              mean
                                                                    confirmation
                                                                                        and
                                                                                                                                           to
                                                             last
                                                                                                                                         telex/cable
                                       mean
             string
                                                                                                                   Acceptance
                                                                                                    is
                                                               the
                                                                               of
                                                       Seller
                                                                                                  Clause
                                                  shall
                                                                        his
                                                                                                                                                       have
                                                                          to
                                                                  agree
                   party
                                                                                                    a
                                                                                     port
             is
                                                                                  string
                                                                                               have
                                                                                                                                                    ascertained
                                                                                                                   of
                                                                                                  to
                                                       or
                                                                                          Sellers
                                                  be
                                                                                                                                           time
                                                                                                                           copy(ies)
                                                                  to
                                                                               the
                   in
                                                                                     of
                                                                    each
                                                                                                                                                          Lading
                                                                                                                        incomplete
             on
                        Philippines
                                                             Buyer
                                                                          end
                                                                                                       contract
                                                                  a
                                                                                          to
                                                                                                  all
                                Indonesian
                                                                                                                                                       been
                                                               rights
                                                                                  are
                 accordingly.
                                                                                                                                                    at
                                         Malaysian
                                                  as
                                                                                                                     guaranteed
           payment
                                                                             established
                                                                                                                           on
                                                                                                                   this
                              exchange
                                                                                                                                              surveyor,
                                                                                             performance
                   the
                                                                                                       is
                                                                                               been
                                                       each
                                                                                                                                     independent
                                                documents
                                                             on
             the
                                                                                                                                           and
                                                    immediately
     77
                                       exchange
                                                                                                                     by
                                                                    party
                                                                             as
                                                                                                                                                    port
                                                                                                    separate
                                                               and
                                                                                             of
           and
                                                                        immediate
                                                                                        descriptions,
                                                at
                                                                                          each
                                                                                                                        set(s)
                                                                                     loading
                                                             the
                                                                    in
                                                                                  based
                              rate
                                                                                                                                         authorization
                                                                                                                           itmes
                                                                                                                                                          (marked
                                                                                                                                     and
                                                                               hereafter
                        parties,
                                                                                                                                                    of
                                                                                                                                                       loaded;
                                                  follows:
                                                                                        of
                                parties,
                                                                                             the
                   string
                                                                                                                        of
             basis
                                         parties,
                                       rate
                                                the
                                                       Seller
                                                                                                                                           place
                                                                                  on
                                                                          Receiver.
                                                    upon
                                                                    the
                                                                                                                                         by
                                                                                                    entity
                                                                                                                           (3),
                        the
             of
                                                                             above,
                                                                                          other.
                                                                                                  subsequent
                                                                                        the
                                                                                                                     Sellers.
                                                                                                                                           of
                                the
                                                             basis
                                                                                                                   guarantee
                                                                                                                                              certifying
                                                                                     during
                                                                        Sellers
                                         the
                                                first
                                                                                                       purchased
                                                                                                                        Bills
                                                                             a
                                                       shall
                                                                                                                           (4)
                   does
                                                             of
                                                                                               established.
                                                                                                    and
                                                                                                                                                    loading
             any
                                                                                                                                                          "Freight
                                                                                          For
           settlement
                                                                                                                        of
                                                                          Upon
                                                               obligations
                                                                    string
                                                                                     the
                                                                                                       by
                                                                                                                                         Buyer
                                                                                             contract
                                                                        that
                                                                                        same
                                                                  document-by-pass
                                                                                                                     Such
                                                    receipt
                                                                                                                   shall
                                                                                                                                                          to
                                                                                  different
                                                                                                                                     recognised
                              established
                   not
                                                             the
                                                                                                                           and
                                                                               mentioned
                                                                                          the
                                                                                                                                         to
           as
                                                               of
                                                                                                  parties
                                                                                               The
                                                       make
                                                                                                                                                    and
                                                                                                    once
                                                                                                                                              fitness
                                       established
                                                                                                                                           loading,
                                                Seller's
                                                    of
                                                                                             and
                              by
                                                                                                                           (5)
                                                                    shall
                        settlement
                                                                                     same
                                                                                                  in
                                                                                                    a
             quality
                                                                                                                   not
                                settlement
                                                                  then
                                                                          receipt
                                         settlement
                                                                             document
                                                                                                                                         load
                                                                                             is
                                                                                                                        Lading,
                                       by
                   agree
           above.
                                                             selling
                                                                                                                                              and
                                                                                        country
                                                                                                  the
                                                                          of
                                                                                                                                         as
                                                                  the
                                                                                                                                                    issued
                                                                                                                                                          Collect"),
                                                                                  payment
                                                                                          purpose
                        shall
                              Bank
                   to
                                                                                                                     guarantee
                                                selling
                                                                                                       subsequent
                                                                                        of
                                                                        documents
                                shall
                                                       payment
                                                                                     period
                                                                                                    vessel
                                                                                                                                     laboratory;
                                                                                                                           relating
                                         shall
                                                               respective
                   a
                                                                                          of
                        be
                                                                                                                                           sampling
                                                                                                                     to
                                                                                                                                                    by
                                                                                             without
                                                             price
                                                                                                  string
                                                                                     of
                                                       to
                                                                                                                   prejudice
                                                                                                                           to
                                be
                                                                             by-pass
                                                                        are
                                                                                                                                                    a
                        in
                                         be
                                                                                                                        payment
                                       PORAM
                                                price
                                                                                               establishment
                                                             of
                                                                                                                     be
                                                    confirmation
                                                                                                                                                          Bill(s)
                                                                                          this
                                                                                  terms,
                                                                    immediately
             adjustment,
                                                                        in
                                in
                                                                                        origin,
                                                       his
                                                                                                                           the
                                         in
                                                                                                       Buyers
                                                                                                                                           and
                                                                                                  and
                        US
                                                                                                                                                          of
                                       on
                                                                                                                                              cleanliness
                                                                                               of
                                                                                        of
                              Indonesia
                                                             the
                                                                             may
                                                                                  the
                                                               Buyers
                                                then
                                                                  documents
                                                                          documents,
                                                                                                                        shall
                                                                               payment/settlement
                                                                                                                                              of
                                                    from
                                                                                                                                         contemplated
                                                                                               the
                   document
                                                                                                    nomination
                                       the
                                                                                        the
                                                                                                                   Buyers'
                              on
                                                                    notify
                                                                        order.
                                                                                             prejudice
                                                                                                       such
                                                       Buyer
                                                                                     shipment.
                                                                                          clause,
                                                                                                                           whole
                                                                                                                        be
                                                the
                                                                             take
                                                                                                  being
                                                               and
                                                             first
                                                                          end
                                                                                                                                                          Lading
                                                                                                                                              the
                                                                  shall
             payment
                                                                                             to
                              the
                        Dollars.
                                                                                                                     endorsed,
                                                    the
                                                                                                                                                    recognised
                                                                               term
                                                                    his
                                                       for
                                                                                                    has
                                                                                          the
                                                                                                       that
                                       date
                                Indonesian
                                         Malaysian
                                                                                                                                                          to
                                                                                                                     if
                                                                                               string
                                                                                        same
                                                                                                                                         under
             for
                                                                                                                   rights
                                                                               by
                                                                                             the
                                       of
                                                       the
                                                                                                                        made
                                                                             place
                                                                  pass
                                                             Seller
                              date
                                                                                                       end
                   by-pass,
                                                               Sellers
                                                                                                                                              ship's
                                                                                                    been
                                                                                                                                           establishment
                                                                               all
                                                                                                  received
                                                                                          same
                                                                                                                           parcel(s).
                                                                                               shall
                              of
                                                                    Sellers
                                                                                  establishment
             such
                                       the
                                                    Buyers
                                                               to
                                                                          Receiver
                                                documents
                                                                                                                                                          identify
                                                                                                                                           of
                                                                                             rights
                                                                                                                   under
                                                                                                                                         Clause
                                                             and
                                Rupiah,
                                                                                                  by
                                                                                  of
                                                                  down
                                         Ringgit,
                                                                                                                     required
                                                                    of
                   then
                                                                                               for
                              the
                                       Bill
                                                                                                                                                    independent
                                                                                                                                           the
                                                                                                                                                          the
                                                                                                                                              tank(s)
                                                                                                                        provided
                                                                                                  the
                                                                                                                   the
                                                                                        contractual
                                                                                                                     by
                                                                                                       Shipper
                                                                               parties
                                                                                          goods
                                                                                                    passed
                                                                                             and
                                                                                  the
                                                                                               all
                                                                             whereby
                                                                  the
                                                       difference
                                                                    the
                                                             last
                                                                          shall
                                                                                                                                         3(i);
                                                               each
                                                    that
                                                shall
                                         the
                                       of
                                the
             quality
                   the
                              Bill
                                                                                                                                                              ~.
                                                   ,
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                   J
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