
IRREVOCABLE CONFIRMED PURCHASE ORDER
ICPO No.:
To :
Thru :
Via Buyer Mandate :
Date :
We, _, acting with full legal & corporate authority & responsibility hereby state & confirm under penalty of perjury that we are Ready Willing & Able to purchase the following commodity as per the conditions stated below:
Product : xxxxx
Origin : xxxxx
Quantity : xxxxx .
Total Quantity : xxxxxxxxxx
Price : Fixed Price of (Gross) US $xxxxx per Metric Tone / (Net) US $400.00 per Metric Tone
Total Face Value : US $ xxxxxxxx (United States Dollars)
Terms :
Delivery :
Inspection : Quantity & Quality to be determined by SGS.
Payment Terms :
Performance Bond :
Law :
PROCEDURES
Soft Probe Authorization
I, ___________, grant Soft Probe authorization to the Appointed & Authorized Bank Officer from the Appointed Seller’s Bank to contact our banker ______________ at ______________________ in
order to confirm our buying power sufficient to purchase the aforementioned Diesel Gas Oil whole allocation
___________ Metric Tones with a Total Face Value of US $ ________________ (_____________________________ United States Dollars) Monthly Contract for a period of __ Months (__ Year Contract).
RWA COMMITMENT
Buyer will issue an RWA Commitment Letter.
The RWA Document will be issued from our bankers _____________________ will be submitted & lodged with The Seller’s Bank within 24hours of receiving The Seller’s Full Banking Details & contact coordinates including the Appointed Authorized Bank Officer’s Full Name & contact coordinates.
BANKING DETAILS
This document provides the legal basis for the Seller to transfer these terms and parameters for
preparing of the Draft Contract and shall become an integral part of the future Contract and valid for up
to 10 Official Open Business Working Days, commencing from the date of issue of this document.
Yours faithfully
For Buyer
(SIGNATURE & SEAL)
Buyer Name :
Position :
Dated : ______, 2009