Sales Contract
The buyer agrees to buy and seller agrees to sell the following goods on the terms and conditions mentioned under.
| CONTRACT NO: SAFAL/PUJ/6/2024 | Dated: 09 Feb 2024 | |||
| SELLER |
Southern Africa Ferro Alloys Ltd. Plot 397A/D, Makeni Area Road, Off Kafue Road, P.O Box 50854, Lusaka, Zambia |
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| Buyer |
PUJA FERRO ALLOYS PVT LTD 2nd Floor Vibhav Park, A1 Building, Flat No A-S-1,, Puja Ferro Alloys Private Limited, St Joaquim Road ,Borda, Margao, Margao Goa 403601, South Goa, Goa, 403601 |
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| COMMODITY | SPECIFICATION | QUANTITY | PRICE (US Dollar) | TOTAL AMOUNT |
| Manganese ore | Low Grade Mn ore 23-25% 10-200MM |
84 MT 1 MT Big Bags |
85/MT | US Dollar 7140 |
| TOTAL | US Dollar 7140 | |||
| PACKING | 1 MT Big Bags | ORIGIN | Zambia | |
| DELIVERY TERMS | CIF | SHIPMENT | Immediate dispatch from facrory- -subject to transport availability | |
| LOADING PORT | Dar Es Salaam, Tanzania | DISCHARGE PORT | Mundra port, Gujarat, India | |
| TRANSSHIPMENT | Allowed | PARTIAL SHIPMENT | Allowed | |
| PAYMENT TERMS | 60 days from the date of Invoice | |||
| SELLER'S BANK |
Seller's Bank Bank Name: Absa Bank Zambia PLC Account Name: Southern Africa Ferro Alloys Limited Account Number: 1005519 Branch Code: 02-00-01 Branch Name: Kafue House Swift Code: BARCZMLX |
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| BUYER'S BANK | ||||
| INSURANCE | Not applicable | |||
| RISK | All risk shall pass to buyer upon loading of containers on ship's rail | |||
| INSPECTION | In house test report to be issued | |||
| ARBITRATION |
All Disputes in connection with this Contract or the execution thereby shall be settled through friendly negotiations between the two parties. If no settlement can be reached, the case under dispute shall be settled at a place of jurisdiction commonly agreed to by both parties. The award rendered by the Arbitrator shall be final and binding on both parties. |
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| FORCE MAJEURE |
In case of Acts of God or any other case beyond the control of the parties, the party claiming it needs to prove it by presenting a confirmation issued by the Chamber of Commerce or equivalent government institution in accordance with the rules set by the International Chamber of Commerce (ICC Publication No-421). |
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Accepted and confirmed by:
The Buyer
PUJA FERRO ALLOYS PVT LTD
Name:
The Seller
_____________
Name: