Supposed essential terms of the sale purchase contract and the form of the deal:
The signing of contract for sale of the asset with the currency of payment in USD or RUB will be arranged by RUSOFFERS traders team directly between the Owner of the asset ( as the authorized Seller and Exporter of the asset) and the Buyer of the asset as the Importer of the asset.
The supposed basis terms of the sale-purchase contract according INCOTERMS 2010 rules is the EXW Cleared for EXPORT on-site warehouse of the Owner terms.
The supposed place of delivery where the asset should be collected by the Project Carrier nominated by the Buyer is the warehouse of the Owner of the asset located in the Siberian Federal District of Russia, ~3500 km far from any Russian sea harbour.
The ownership for the asset and all risks will be passed from the Seller to the Buyer at the moment when the Project Carrier will load the asset on the Carrier’s truck.
The essential terms and the procedure of the assignment clause:
The asset is supposed to be passed at the Buyer’s disposal (or the Buyer’s nominated Project Carrier) in a reasonable agreed time after issuing the payment from the Buyer’s side.
The asset must be collected by the Buyer (or the Buyer’s nominated Project Carrier) from the Seller in a reasonable agreed time specified in the sale contract.
The dismantling of the asset and The arrangement of the asset relocation (including if it is needed repackaging, marking, painting, loading and etc) from the Seller’s place of asset location to the final destination place of delivery is supposed to be arranged by the Buyer technical team (or by the Buyer’s nominated Project Carrier).
If the Buyer needs and upon of additional Buyer’s request the mentioned complex of services can be provided by an experienced Contractor or Project Cargo Carrier of such kind services in Russia that can be proposed to the Buyer by RUSOFFERS traders team with opportunity to sign the relocation contract with Project Carrier in the country of the Buyer.
The essential terms and procedure for payment of the asset:
The asset is expected to be paid by the Buyer before the Seller should transfer the asset at Buyer’s (on the nominated Project Carrier) disposal by any of the following options:
-100% payment bank transfer;
-100% covered irrevocable documentary letter of credit issued to the Seller's bank or confirmed one by the Seller’s bank if the L/C is not covered one with the condition of payment against copy of shipping document: either deed of conveyance of the asset signed and stamped by the Seller and Buyer or CMR, loading report issued by the Buyer’s nominated Project Carrier and confirming the acceptance of the asset by that Carrier;
-100% payment by the Buyer’s nominated Project Carrier or authorized agent/representative of the Project Carrier in Russia at the moment of the asset loading on Carrier’s truck is option which must be agreed and confirmed by Seller, Buyer and Carrier before the deal arrangement.