CONTRACT
NO,BR2001218 DATE:MAY 20,2006 SELLER:NINGBO HUADONG FOOD CO.,LTD
BUYER:TOKO TRADE CORPORATION
NAME OF COMMODITY:FROZEN PEAPODS
QUANTITY:30M/T
UNIT PRICE:CIF OSAKA USD1020.00PER M/T
AMOUNT:USD30600.00(SAY U.S. DOLLARS THIRTY THOUSAND SIX HUNDRED ONLY)
SHIPMENT:FROM NINGBO,CHINA TO OSAKA,JAPAN NOT LATER THAN JUNE 15,2001
PACKING:BY SEAWORTHY CARTONS(CINS) SIZE:50CM*40CM*60CM PER CTN
N,W:20KG/CTN
G,W:21KGS/CTN
INSRTANCE: TO BE COVERED BY SELLER
PAYMENT:BY IRRECOCABLE LETTER OF CREDIT AT SIGHT
SHIPPING MARKS:
TOKO
MADE IN CHINA NO.1-UP
LETTER CREDIT TRN:1111510768
COURIER REFERENCE:A/888692
RECEIVED FROM:BANK OF TOKYO-MITSUBISHI LTD.,THE OSAKA JAPAN
DUSTINATION:BANK OF CHINA,NINGBO BRANCH
SEQUENCE OF TOTAL:1/1
FORM OF DOC.CREDIT:IRREVOCABLE
DOC.CREDIT NUMBER:H486-2001689
DATE OF ISSUE:060606
EXPIRY DATE:060625 LACE COUNTERS OF NEGOTIATING BANK
APPLICANT:TOKO TRADE CORPORATION,OSAKA 2-6-7 KAWA RAMACHI,1-CHOME,OSAKA,JAPAN,
BENEFICIARY:NINGBO HUADONG FOOD CO.,LTD
NO.18 DONG SHAN ROAD, NINGBO,CHINA
AMOUNT:CURRENCY USD AMOUNT 30600.00
ACAILABLE WITH/BY:ANY BANK ON SIGHT BASIS BY NEGOTIATION DRAFTS AT
SIGHT FOR FULL INVOICE VALUE
DRAWEE:BANK OF TOKYO-MITSUBISHI,LTD.MTHE NEW YORK,NY(NEW YORK BRANCH)
PARTIAL SHIPMENTS:PROHIBITED
TRANSSHIPMENT:PROHIBITED
LAODING IN CHARGE:CHINA
FOR TRANSPORT TO:OSAKA,JAPAN
LATEST DATE OF SHIP.:060615
DESCRIPT. OF GOODS:30M/T FROZEN PEAPODS CIF OSAKA,JAPAN
DOCUMENTS REQUIRED:
+SIGNED COMMERCIAL INVOICE IN 3 ORIGINALS AND 3 COPIES
+2/3 SET OF CLEAN ON BOARD OCEAN BILLS OF LADING MADE OUT TO ORDER AND
BLANK ENDORSED MARKED FREGHT PREPAID NOTIFY APPLICANT
+PACKING LIST IN TRIPLICATE
+BENEFICIARY’S CERTIFICATE STATING THAT1 ORIGINAL INSPECTION CERTIFICATE
OF QUALITY,1ORIGINAL B/L AND 1ORIGINAL INRUANCE POLICY HAVE BEEN SENT
TO APPLICANT BY COURIER
+INSPECTION CERTIFICATE OF QUALITY IN DUPLICATE
+INSURANCE POLICY IN DURLICATE ENDORSED IN BLANK,COVERING ALL RISKS
AND WAR RISKS FOR 110% OF INVOICE VALUE.CLAIM PAYABLE AT OSAKA,TAPAN IN
THE CURRENCY OF DRAFT
ADDITIONAL CONDITION
+INSPECTION CERTIFICATE OF QUALITY MUST STATE THAT THE PRODUCTS HAVE
BEEN FROZEN AND STORED MINUS 18 CENTIGRADE DEGREE OR BELOW
DETAILS OF CHARGES:ALL BANKING CHARGES OUTSIDE JAPAN ARE FOR ACCOUNT
OF BENEFICIARY.
PRESENTATION PERIOD:DOCUMENTS MUST BE PRESENTED WITHIN 10 DAYS AFTER
THE DATE OF SHIPMENT BUT WITHIN VALIDITY OF THE CREDIT.
CONFIRMATION:WITHOUT
INSTRUCTIONS:
①REIMBURSEMENT BY TELECOMMUNICATION IS PROHIBITED.
②NEGOTIATING BANK MUST SEND ALL DOCUMENTS TO US.
END OF L/C
THIS CREDIT IS ISSUED SUBJECT TO UNIFORM CUSTOMS AND PRACTICE FOR DOCUMENTARY CREDITS(1993 REVISION)ICC PUBL.500.