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Sale And Purchase Agreement For Iron Ore

Iron ore penalties delivered and disposed of on the Supplier`s designated land are regularized by the Seller for the benefit of the Buyer and iron ore fines spilled on that land are also regularized by the Buyer, so that the stock can be fully transferred to the bank or its designated agencies. The seller authorizes the free exit and intrusion into the buyer`s agents as well as the bank`s agents appointed by the buyer. The seller has no right of pledge or royalty on this fine stock of iron ore belonging to the buyer. Seller carries out the necessary documents in favor of buyer before the start of delivery of iron ore to the designated land of seller`s port, which is an integral part of the documents prior to the acceptance of buyer`s accrediting officer against BG. For each delivery of iron ore which does not comply with the specifications fe set out in clause 3, the basic price referred to in clause 4 shall be adjusted as follows, in accordance with the fe content fixed in accordance with the provisions of clause 9: – in the port of loading, the seller shall designate, at the seller`s expense, a qualified knife determining the specifications of the ore content in each batch. and provides a certificate indicating the details of the determination as well as the percentage of free moisture loss at 105°C. In order to preserve the consistency of iron ore quality, the seller carries out daily sampling, testing and analysis at the point of disposal in order to maintain quality control throughout the delivery of the lot in the interest of all parties concerned. The buyer will give an advance to the seller Rs.250000 Lakes by draft on demand, where he operates / withdraws the interior accreditation in question according to the contractual format provided by the buyer. A) Certificate of quality and quantity of the contract products in five copies, issued by SGS India Private Limited. . . .