Purchase Contract

[2008-12-17 14:06:21]

PURCHASE CONTRACT
The Sellers: DELING TRADE BV
Address: P. O. Box 100, 3750 GC Bunsten, Holland
The Buyers: DALIAN WEIDA TRADING CO., LTD.
Address: No. 1 Beijing Road, Dalian Development Zone, Dalian, China
Contract No.: CH/99/66.908
Date: Aug. 20, 1999
This contract is made by and between the Buyers and the Sellers, whereby the Buyers agree to buy and the Sellers agree to sell the under-mentioned commodity according to the terms and conditions stipulated below:
  1. COMMODITY AND SPECIFICATIONS:
    Demineralized Whey Powder
    Unit price: USD940.00/MT CIF Dalian
    Quantity: 119MT
    Total amount: USD111,860.00
  2. COUNTRY OF ORIGIN: Finland
  3. PACKING: 25kg in 4-ply paper sacks with inner polyethylene liner and big bags.
  4. TIME OF SHIPMENT: No later than Sept. 30, 1999
  5. PORT OF SHIPMENT: European Main Port
  6. PORT OF DESTINATION: Dalian, China
  7. INSURANCE: To be covered by the seller for 110% of invoice value covering All Risks and War Risks as per I.C.C.
  8. PAYMENT: To be effected by irrevocable letter of credit available by draft(s) at 90 days after B/L date sight for 100% of invoice value drawn by the Sellers.
  9. INSPECTION: Inspection result of CCIB at destination should be final.
 
The Sellers:
DELING TRADE BV
 
The Buyers:
DALIAN WEIDA TRADING CO., LTD.
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