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Description

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1. COMMODITY: STANDARD USED RAILS R**-R*5

Length of Rails: Buyer's Choice

1. QUANTITY & PRICE: Valid under Seller's Payment Terms Only.

Used Rails R**-R*5 (ISRI CODE ****9)

$5 COMMISSION ALREADY INCLUDED IN EACH PRICE. LionKings Trading, LLC keep $2.5 USD and Buyer side keep $2.5 USD. Buyer will sign NCNDA/IMFPA

Amount Period CIF,ASWP

5,**0MT/ month *2months US$**0.*0/MT

*5,**0MT/month *2months US$**0.*0/MT

*0,**0MT/month *2months US$**0.*0/MT

*0,**0MT/month *2months US$**0.*0/MT

1. ORIGIN:**********- Russia/Seller's Option.

2. CONTRACT:*******2 months with rolls & extensions if possible.

3. DELIVERY:*******-INCOTERM ***0, ASWP

4. LOADING PORT: NOVOROSSYISK/PRIMORSK/other ports, Russia

5. PACKAGING:****-In Bulk or loose in *0ft containers, ****3MT/container.

6. PAYMENT:********-Operative Transferable (or Operative Non-Transferable DLC/SBLC

   confirmed by the Seller before ICPO) DLC/RDLC/SBLC OR

   Non-operative, Non-Transferable MT*****3.

STANDARD PROCEDURES: (NON-NEGOTIABLE)

• All contractual conditions in the offers are Not-Negotiable. All necessary information is in the offers. Please read the bids before making any questions.

PROCEDURES

1. Buyer issues LOI/ICPO, if our terms, price and conditions are accepted by Buyer.

2. Seller issues FCO & Draft Contract to buyer to sign and return open for amendment (if any) within three(3) working days.

3. Buyer signs and returns contract within two working days with amendment.(if any)

4. Seller and Buyer lodge the draft contract to their various banks within three(3) working days.

5. Seller bank issue a writing Bank Guarantee Letter for 2% PB through the Seller, passes to the Buyer via E-mail.

6. Buyer's bank sends payment instrument by Transferable DLC for the first shipment to any Seller nominated joint financial bank account directly as will be agreed by Seller and Buyer.

7. Once Seller receive a copy of Buyer's payment slip by fax or E-mail immediately. Seller and Buyer arrange with the shipping masters with the shipping schedule.

1. Within three working days of the receiving the first shipment(3) Buyer bank swift the remaining *1 months shipment by Non-operative irrevocable Transferable Letter of Credit to Seller's nominated bank account and send the Seller the copy of the swift by fax or Email immediately.

2. Shipment commences as scheduled in the contract with no delay.

    

IF PRICE AND PROCEDURES ARE ACCEPTED, LOI/ICPO SHOULD MADE OUT TO “END SELLER via LionKings Trading, LLC AND SEND ME THIS ICPO WITH NCNDA/IMFPA.

• The prices are subject to change, without prior notification.

• No photos, No Past Performance Records will be provided.

• 2% PB and POP will be given by following the Seller's Procedures never before.

• AQSIQ will be provided by following the Seller's Procedures never before.

• CCIC inspection is available.

• Payment term and Procedures can never be changed. Buyer's ICPO should include Seller's procedures never be changed. Buyer's ICPO should include Seller's procedures in this offer “as it is.”

• After signing the contract and Buyer's BCL, MT***-POF, Seller can issue Bank Guarante (or Commitment) Letter through Seller's Bank that Seller Bank will issue 2%PB against Buyer's payment.

•  

Appendix: PRODUCT DESCRIPTION AND SPECIFIACTION

Used RAILS R**-R*5

Seller guarantees to the Buyer that the Goods delivered under the present Contract shall correspond to the characteristics shown: ISRI USA GOST ******5 Russia