Incoterms 2010 Standard Trade Definitions Used （《国际贸易术语解释通则2010》管辖标准贸易定义使用）.pdfVIP

Approved April 27, 2012 DFA/SCTC CONTRACT TERMS AND CONDITIONS FOR DRIED FRUIT, TREE NUTS AND KINDRED PRODUCTS Unless otherwise stated on the face of the contract, the following definitions and interpretations apply. DEFINITIONS AND INTERPRETATION: 1. “Documentary Collection Terms” means that Seller shall forward its draft and accompanying documents to Buyer’s Bank for collection, the documents to be delivered to Buyer against payment or acceptance of the draft, as agreed by Seller. The draft shall be payable upon presentation. 2. “Letter of Credit Terms” means that Buyer shall establish and maintain an irrevocable documentary letter of credit, payable against sight draft or time draft as agreed. Each letter of credit will be in favor of and acceptable to Seller, will be maintained in sufficient amount and for the period necessary to meet all payment obligations, will be irrevocable, issued, and/or confirmed, by a bank satisfactory to Seller. 3. “Remittance Prior to Shipment Terms” means that cash in the invoice amount, shall be received by Seller at an agreed upon number of days prior to scheduled shipment. 4. “Unit Price” means the price for a box or container of Fruit of a standard weight or count as defined on the front of the contract. 5. Sale or trade terms used herein (FAS, FOB, CIF, CFR, etc.) shall be interpreted in accordance with the latest Incoterms as published by the International Chamber of Commerce. The current list of Incoterms can be found at Incoterms 2010 Standard Trade Definitions Used in International Freight Transactions. PRICE: 6. With respect to any purchase of Fruit hereunder, Buyer shall pay Seller (a) the Unit Price for Fruit for the number of units of Fruit ordered by Buyer, plus (