coaldraftcontract-印尼动力煤进口合同.docVIP

Draft for GCV 5300arb COAL SALES PURCHASE AGREEMENT No. This agreement made this date ………….. between : SELLER: , company organized and existing under the laws of , (hereinafter referred to as “Seller”), having its registered office at and BUYER: DEFINITIONS In this Agreement unless the context otherwise requires: i “adb” means air dried basis. ii “arb” means as received basis. iii “Bill of lading” means the bill of lading issued by the vessel owner to the Seller in respect of the stated amount of Coal in a particular shipment. iv “Business Day” means the period between the hours of 8am to 4pm on a day other than Saturday, Sunday or any public holidays. v “Cargo” means cargo of approximately 50,000 MT +/-10% as per Seller’s option. vi “Coal” means legal steaming coal produced for the Seller from South Kalimantan area, Indonesia. vii “Contract Quantity” means approximately 50,000 MT +/- 10% as per Seller’s option. viii “Delivery Point” means the free on board vessel at the Loading Port. xi “Demurrage” means a charge payable in the event the Seller is unable to complete loading a ship within Laytime. x “Dispatch” means the charge payable in the event the Seller completes loading the ship before the end of Laytime. xi “Loading Port” means the vessel anchorage at Tanjung Pemancingan, Indonesia, or such other port as the parties may agree to in writing. xii “Kcal/Kg” means kilocalories of energy per kilogram of coal. xiii “Laytime” means the time allowed for loading a vessel, calculated in accordance with clause 9. xiv “US$” means (unless otherwise specified) the currency of the United States of America. xv “Party” or “Parties” means Seller or Buyer or Both. xvi “Tone” means a metric tone of 1000 kilograms. For the purpose of conversion a metric tone equals 0.984206 long tones and a long tone equals 1.016047 metric tones. WHEREA