SALE AND PURCHASE AGREEMENT
A company incorporated in and under the laws of China with Registration office at *********,Herein represented by ****being duly authorized to do so. Referred in this contract as BUYER, this contract made to:
WHEREAS the BUYER is an International Trader of ****and the BUYER is desirous of buying all such ZIRCON SAND from the SELLER. The BUYER confirmed the purchase of the contracted amount from the SELLER in this contract. And WHEREAS the BUYER, is desirous of purchasing all such ****offered by the SELLER.
WHEREAS the SELLER, is a trader of the product subjected in this contract. The SELLER is willing to give all his productions and sales in this contract to the BUYER. And WHEREAS the SELLER is in the process of selling *****, which originates from mine site based in ***, at approximately ****MT or more per month.
----------THE SELLER AND THE BUYER HEREBY AGREE AS FOLLOWS: ---------
Unless specifically stated the following terms in this contract shall refer to and will have the following meaning : Goods shall mean----; DMT shall mean dry metric ton DMT ; WMT ; shall mean wet metric ton ; Ton or "Metric Ton" shall mean a ton of 1.000 kilograms or 2,204.62 pounds avoirdupois wet or dry basis as stated ; Inspectorate shall mean independent inspectorate as SGS( Société Générale de Surveillance S.A, Switzerland) and/or its correspondence, CCIC (China Commodity Inspection Co.,Ltd.) and/or its correspondence, or any independent inspectorate accepted by both parties ; T/T shall mean Telegraphic Transfer ; L/C shall mean Irrevocable Letter of Credit in accordance and subject to Uniform Customs and Practice for Doc.
Credits Revision 1993 Publication N° 500 of ICC, Paris ; $ or dollar or cent shall mean dollars and cents of the United States of America official currency ; CIF shall mean cost , Insurance and freight as per Incoterms ICC 2000.
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