Page 91 - MEOMA Handbook

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but
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(iii)
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the
has
11.
10.
risk
(2)
(1)
The
The
(6)
(3)
The
(i)
(ii)
Any
valid
(45)
under
the
make
In the
Notice
Sellers
For the
.
case
Should
include
pay
Should
Notices
(i)
(ii)
Sellers'
Section.
use
rate
A
received
(IV)
price
solvency
basis
(iii)
Full
date
been
no
Maritime
the arrival
the delay
Delivery
extension
Shipping
any
above
In the
WAR
terms
If Sellers
In the
to
0.05%
this
of
"(a)
London
destination
Unless
Buyers
shall
the
exercise
sh.ip which,
of
and Sellers
"(c)
provisional
.(b)
Buyers event
a FOSFA the
Notices
If
portis
set
to by
for
fraction/palm
In
International.
charges
Transhipment
minimum
allowance
ARRIVAL
shall
analyst;
for
case
payment
case
The
of
their
97%
extra
this
other
Law.
of the
must
the
the
ship
SHIPMENT
purposes
of agreed
shall be
of
Certificate
PAYMENT
of this
of
Commercial
after
declaration
Ships Engaged in
period.
below
have
of
Sellers'
be
RISKS
Orderls
solid
ANALYSTS:
of
contract
analysis
name
the
by
as
INSURANCE:
contract
them
Delivery
recovery
by
at and
signatory
shall accept
of member
port/s of destination.
the Sellers
document
Sellers I%
Combined
Clause
the
otherwise
DECLARATION
with
clean
with
than
detrimental
time
of
DECLARATION
the
Certificate of
Policy/iesandlor
to
isjustifiable.
specify the
Buyers
Letterls
extra lighterage
date of
of this
AND
account unless
invoice (or
each crude
expense
palm
of
Billls of
shall
clause.
shall only
transhipment
AND
that Buyers
cash
of
Underwriters
cannot
equally. The
absence
indicate
after
0.25%,
0.25%
the
FOSYA Certificate
goods
the
stated
behalf.
invoice;
loading
of contamination shall
the
of this contract,
of
shall
"on
the
the
option and
of
such insurance
fraction
OF
Sellers
to
be
not
OF
be
the
"on board"
for
Orderls
from the on
choose to present
of
at
in
The use of member
SUPERINTENDENTS:
(as
destination
for telegraphic
of Analysis,
acid
a premium
0.05% palm
Origin
option
arrive before
guaranteed
or national
insurance
the
ascertained
be
Buyers
the
such
Master's
Buyers
irrevocable
thereunder.
above
Lading
of
in the
contract
stipulated,
shall
receive
or to
not be
shall
by
BIWs
ocean
to
in
one
insurance
Carriage of
Buyers
expenses
Reference
total
Insurance
INSURANCE:
consist
Lading
(Institute
contract,
fractions
shipment
the member superintendent/s
for not
with
specified
M~ter of
an
and
provisions
SIllPPING
origin,
allowed
or
be borne
the shall be
contract
Bill/s consequences
shall
liquid
superintendents
not
andlor
be
in
Insurance
BilJ/s of
lauric).
of
under
pay
analysts
later time,
must
evidence
a
than
palm
laws or
Oils
oillfatty
in
of
-
the
then
to underwriters
War
and
based on
in the
0.25%
deemed be withdrawn
1% of
documents
less
Bill/s
demand
to
including
remittance
100% in the
the
if
of
to send
of Compliance,
is/are
Reference
SHIPMENT:
presentation:
carrier
refer/s
conversion
War
up
contract or Sellers
the
price
more
shall
from
shall
and
other
the
under
the
acid
acid
Preamble:
this
of
of
Lading;
exceed
Any benefit
Lading
declare
than
case
the
to
in
in
Should
accordance
be
to
QUALITY-ADJUSTMENT:
reserve
Non-Business
be
shipping
credit-openingbank
irrespective responsible.
case
receipt incurred
the for
identify
the
CLASSIFICATION:
allowance
DESTINATION:
that copy
confirmed
Insurance company/ies
.
10 from
Certificate and
except
Buyers
of
days
Certificate/s
Fats
may
risks
commingled
a
Buyers
mean contract quantity. Unless
Clauses
in accordance
the
of percentage
the
the
minimum
5%
for
Bill/s
received but in no case later than
in proportion;
origin
the
'ship'
and
contract
of
the
clause
funds
shall
clauses
in
by whichever
regulations
to Buyers
accompanied
with
fraction/palm
under
each
the
upon
available
Lading
contract,
with
of
on
or
declaration
basis and
board" a recogn.ised bank
where
to
owing
distillate
letter
to
shall
rate
of
under
with
the words a thiough
be
presentation
is
Notice
of
Institute
freight
the
the Days
Cleanliness
final
by
independently
over
andlor
DOCUMENTS:
documents
FFA
portis
The
the
the
shall
ports,
to
of
to be
respect
errors
the
Bulk
be
Charter
Cl.airnsto
business demand
ship's
solid
the
mandatory
should
oiJJfatty acid
shall be mandatory
the
substituted
quantity;
on
after 10th
of
Bill
insurance
has
be
price
require
the
documents
Where
such
andlor
and
contract
of
each be
ruling
including
Lading
Sellers
and/or
day prior to
by
in transhipment
freight
will
the
stating
credit
sealed
shipped
as per
analysts
provided
day
date
through
goods
contract 1% above
invoice
Clause
Party
Letter/s
to
of Sellers
and/or
the later.
or on
this
been
allowance
tank/s
if required
Buyers'
except
considered
of
neutralised arrival
shall
palm
the
shall
insurance
fraction
given by
or proximate
Quality
shipment
shall
provisions
shall be
Ship's
at
palm
invoice
97% of
are
............................................................................................................
that
for Edible
by
for each
ship's
[FOSFA Trades)).
shall
inoperative
payable
paid
be
after
Payment
and/or underwriter/s
'ships' of Lading
be
the
distillate of
shall
of
amendment
shall be
through the a bank
0.5% the
destination
FFA on
proceed
delays
Radioactive and
weights
Suitability
non-negotiable
I%
samples
ocean
5%, all
andlor
documents
Failure
shall be
mean
and
proof
in London
policy/ies
sold
the location.
the use to the
oil the
to
the
contract
Any
of
the
for
and
tendering
and
or
where:-
of
the
Duties,
Sellers
time of
not
to
mean
consent.
kernel
at
shall
are
include
if the
the whole
of
amount
in the
basis
name,
and 2%
otherwise agreed between
into which
any
effected
unrestricted
Billls
any
which
Buyers;
ofInsurance
and extra
in respect
Delivery
intermediary
note to Sellers
taken
for
arrival
directly
of the
being
made
of
be
basis
1% below
less than
the
their
shall
and/or
the
for
carrier.
portis
andloryalm
of
date
of
acid
give
refers
Ship's
date
Sellers
for
fractions
policy
at
be
apply
final)
shall
Taxes,
goods
superintendents,
transhipment
Buyers'
to be
expense
shall
or
other
on the
be
of
from
oil
Contamination
to
Nothing
arrival;
less than
In
tlie time
by
photostat
of
FOSFA
date
accompanied
in the
analysts
,
Sampling
loss
the be
of
at
the
except where the contract
to
Order/s
> currency
Governmental
at the such
made
be
including
Specifications
amount final
for
of choice
0.25%
the parties
of
Tank
expenses
of
50
the
in
in
Etc.,
contract
by
contrary
the
the
shipment
kernel
in transmission.
5% and
at
Lading.
or
and
of
greater
5%
who
against
in
rate
terms
be
commencement of loading,
copy
Billls
to
88
full-powered
such
cable,
effected
number/s
Buyers
the InstituteIFOSFA Trades Clauses
account.
origin
a
concerned.
this
negotiation
to
the
such
freight
time notice
certificate/s
the
have been
from
andlor
restricted
of
Oleo-Chemical Use
price
acid
is loaded
Any
surveyors
of
are
currency
event
oiJJfatty acid
freight.
FFA
the
Exclusion
shall be Buyers
other
Bill/s
declare...................................................................................
Clause,
Clause
weight
should
neutralised
and
in
in proportion.
on
Certificate
relevant
the confirmation that all documents conform to
or national
the
invoicing
shipment
shipment
Notices
for
or
but
indirectly, on
of
sold
photostat
of
of
shall
Analysis
arranged by
to the
slight
other
the
tonnes for a
a
clause
or
of
0.25% shall
shall
of declaration
by
documents terms
telegram
contract_pricefor
be
a bankls which.case
complete
Lading
of shall
palm
than 0.25%
oillfatty
force
at Sellers'
shall each
pay
contract.
of exchange
Clause.
Buyers
such
be
members
in the
established
agencies
copy
(A) and the
of
distillate
declaration.
area
request;
FFA pay
be
and conditions
FFA
covering war date
should
relative
to
oil
is completed
and
Clause
shall
I%
of
in
of
whichever shall
Lading
Buyers
all bank:charges
to
shall purposes.
under
above-named
for
engine-driven of
to
of
the
not
relating this
business day prior to commencement of loading.The
incurred, contract
on
(as palmitic);
at the
the
invalidate
or
option
or telex
variation
superintendents
Delivery
Sellers
on the
If
the contract
ship's tank/s
Policies
credit shall be first
ship.
and
the
Bill/s
to
this
in
oil
to return
absence
Sellers
the
Institute
such
within
total
below
.
each 0.05%
affect
not
date
in force
Shipmentin good conditionin ship/swhich complywith the
and
place
representatives
ship's
written
Compliance,
origin
with
day
(as palmitic);
be
shall
set of Sellers'
Sellers
arrival
Sellers'
advised
FOSFA
metric
such expenses
should
distillate
the
in the
incurred
from
laws or regulations
the
guaranteed
risks insurance
of
the
of
deducted freight
acid paragraph
the contract where
at time
transhipment
as
contract.
shipping
afloat. Presentation
Order/s
the
andlor
be
later
fatty
and
are
by
pay
is
recognised
approximate
the
and
the
contract
freight If
the
shall
of a greater
notified
in
(d)
Sellers'
the credit reqw.rements:
andlor
tons
at
intermediate notices
form
sailing
those bank:charges
a
ship's
favour
of Lading
to
Sellers
97%, all
to
geographically normal
or
by
than
neutralised
actual
a premium
authority
in
if
Sill
to
first class
account.
require
negotiating bank.
to be
and
above FFA
in the
such
identifying
original
including
greater
in excess
a premium
of conclusive
insurance
0.5%,
not
mean
shall
have
claim
of
shall
Cleanliness
Master's
of
and approved
stipulated
commingled
arise. Should the
origin
name
of loading,
on
quantity
booking,
route
palm
International
applicable;
of
of
the
be
Buyers
certificates
quantity,
may
from
the to be paid
through
all
documents:-
be
matter/total
freight
in
FOSFA
Bill/s
than
the use
available to
negotiable
provisional
later
those
of documents
fractions
customary
whichever
the
a
anyone
at
an
recognised
policy
force and
of
by
and
with
been
and
paid the
required
shall
for
shall be
unless
1% of
of
in
in a
of
contract
credit
from
Lading.
rights
the
5%
arrival
case 0.5%
16.00 hours
evidence
the
parcel
to
kernel
and
by
andlor
member
in
than
price specifically
Sellers
shipped
not
SeUerswithin
does
may
War and Strikes Clauses
the
of
at the time
raised
or
bank
be
to
extra
the
be 7
other
on
port.
issued
as
1/2% shall
accepted
invoice
oil
The
or
the
be
payment;
passed
if
shipowner
Sellers.
Buyers
not
subject
the
Lading
the
not
Sellers
fractions less
be
date by
shall
.....
allowance
by
Sellers
or
.
currency
oil
saponifiable
recognised
or
Suitability
underwriters Letters
to
neutralised
costs
shipment
insured.
days
Declaration
Buyers.
portis
on
represented
Preamble
Ship's
transhipment
be
be
is
an
proportion.
to
contract
(FOSFA
of
for
parcels
of
invalidate
3 business
Sellers opened of
shall
of
than
of
shall is/are
follows:
in
transferable
opinion
their
of
to
Governmental
adopted
Buyers
bank
required
and other
for
by account.
1%
contract
palm
of shipment
with
the
matter
period
Master
ports
companies
on the
be
constitute
contrary.
of
in order
5%
pay
price
later than
the
by
crude
by
for
by
superintendents
in proportion.
Billls
IntemationallPORAM;
paid than
terms
bank
Trades)
Ship's
account
to
99%
form ,
but
:.................
of
adjustment
the
to be borne
due
for
price
that
of the
Bill/s
shall
of
Insurance
Oils
obligations
despatched
of
palm
responsible
shipment
andlor
Signed by
of the independent
of
Buyers
105%
be
demand
Buyers
to
Tank
such
Letterls Buyers.
each
they
by
and
based
days after the
of
Buyers
for
authorising
,.,.........
the declaration.
shipped on
oil the
.......
on
the
on
95%
a
claim reimbursement by telex/cable
shall
contract
ofLading,i.
liquid
kernel for each
shall
Shipment under
being
1%
in the area of
an
- including
underwnters.
for whose
of Buyers.
and
FOSFA Qualificationsand OperationalProceduresfor
first
by the Institute
parties
FOSFA
agreed
a notice under
A
Insurance
although
Buyers despatch.
required
rate
the
may
or other analysts.
by Buyers
Fats
Sellers'
shall be for
arbitrators
10 days from
other
After
Lading
the currency
any
the
inconsistent
certified
J
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~43
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112
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