【正文】 bank, then the product will be registered, reassigned, and Cargo will be officially programmed in buyer’s name. Seller nominates the vessel and forwards the Vessel particulars and gives to the Buyer: Ship Name, Call Letters, Captains Name and a Copy of the Aspatankvoy Charter Party with full set of loading documents, and shall appoint their local agent to coordinate the legal procedure. Then the seller directs the Captain of the vessel to issue NOR/ETA to the buyers port of discharge and at the same time issues ATB to enable buyers inspector to board vessel and inspect Q amp。 Q agreed at discharge location. ON the final verification on the Qamp。Q, the buyer issues MT103. c.The MT799 BLOCK FUND shall be in the form accepted by the Sellers bank and payment shall be made in accordance with the terms of this agreement upon presentation of the plete set of documents made in favor of the Seller , at the counter of Buyer bank, following delivery and receipt thereof after arrival and inspection of the cargoes at the designated port of discharge. d.Full payment for the Cargo shall be made within three (3) banking days after the Cargo has been inspected and discharged into the Buyers receiving apparatus at the Discharge Port, and Quality and Quantity (FRESH SGS) have been confirmed as correct by the Independent Surveyor Company.e.In the event payment due date falls on a Saturday or a bankingday holiday, then in such event, payment shall be affected on the preceding banking day. If the payment due date falls on a Sunday or a Monday, which is a banking holiday, then the payment shall be effected on the next banking day.f. Quantity and Quality, as assessed at the Discharge Port by the Independent Surveyor Company, and price as determined pursuant to Clause 12 of this Agreement, shall be used to pute the Seller39。s invoice.g. Buyer shall instruct its bank to advise Sellers bank by Swift or tested telex, quoting the date of the transfer, the amount, the invoice number and the clearing bank, if any.Such advise is to be sent in due time in order to enable Sellers bank to credit Seller with value on the due date. NON NEGOTIABLE NNPC DIRECT TERMINAL LIFTING PROCEDURES CIF PROCEDURE WITH MT799 BLOCK FUND TO SELLER,S (USD$10/NET:USD$8) Theprocedure for this transaction is as indicated hereunder and shall be strictly followed.1. Seller send official FCO to the buyer on seller39。s letter head included the product specifications.2. Buyer sends ICPO with full bank details and full signatory details.3. Seller and Buyer sign SPA which include the Seller’s NNPC/JVC Proof Of Product (POP) from Bulk Equity Account with Share Allocation details (POP) confirmable at NNPC Crude Oil and Marketing Department, OffOPEC Division Data Base, NNPC/JVC Bonny, and deposit same with their respective Banks. (Email and Facsimile copies shall be accepted as originals). And seller issue to buyer the ATS and kind of document that from authorized by NNPC. 4. Upon confirmation of the Proof of Product (POP), Buyer’s bank SWIFT MT799 BLOCK FUND in strict accordance to the seller’s verbiage for the total value of the cargo into the nominated seller’s Bank Account. 5. Upon receipt and confirmation of buyer39。s MT799 for this transaction, seller nominates vessel, Programs to reflect on Terminal Database, Reassigns Allocation in the name of buyer, the Provisional Lifting Right, in the buyer’s name, AUTHORITY TO SELL in seller’s name. The Lifting Right documentations shall consist of the following: The Quantity to be lifted, The Cargo Authority Number, Stem Number, Window Number, Name of nominated vessel, Laycan Window Time, IMO No. of nominated vessel. 7. Seller loads vessel, NNPC the Consignor the buyer as the Consignee, all the shipping documents will be in the buyer’s name and sends details of loaded vessel to buyer for confirmation. SELLER GIVES BUYER A PIN WHICH BUYER WILL USE FOR CONFIRMATION THAT THE VESSEL IS LOADED IN HIS NAME. 8. Upon confirmation, seller issues both ETA, NOR and copies of CIF standard shipping documents, furnish both buyer and buyer’s bank with CPA amp。 Q88 and the following documents in buyer’s name which includes: a. Clean on board ocean Bill of Lading b. Certificate of Quality c. Certificate of Quantity d. Certificate of Origin e. Vessel Ullage Report f. Receipt of Samples g. Cargo Manifest h. Authority to Sell (ATS) i. Seller Commercial Invoice. 9. Upon arrival at buyer’s port of Discharge, seller’s vessel captain issues NOR to tender the vessel’s arrival and issues Marine ATB from his vessel domain via to the buyer. 10. Buyer’s appointed super cargo and inspectors board the vessel and conduct Quality and Quantity analysis test and the Result is tendered to both the buyer and seller. Upon positive Q amp。 Q Result, the crude oil is discharged into the buyer’s tanks. 11. Payment is made within three banking days by MT103 directly to seller’s account by SWIFT for the total value of the crude oil and agents nominated accounts as stipulated in the SPA per outturn barrel upon presentation at the counter of buyer’s bank all the originals of the shipping documents in the buyer’s name and seller’s mercial invoice.15.WarrantiesThe Seller warrants that with respect to the Commodity which is the subject matter of this Agreement, it has the clear and unqualified rights to sell or otherwise dispose of Commodity and that the Commodity shall be delivered clear of all liens and encumbrances.16.Documents amp。 Claimsa.Settlement and confirmation of adequacies for any shipment shall be made against presentation of the following discharge documents:1)A full set of 3/3 Clean Original Shipped on Board Bills of Lading (B/L) issued by Seller and made out or endorsed to the order of the Buyer showing the Shipment Number。 the Serial Number。 quantity i