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Formato Irrevocable Master Fee by Nelson Gavilanes is a document available to read on EtoBox.

What is Formato Irrevocable Master Fee about?

1) This document is an Irrevocable Master Fee Protection Agreement between a Buyer and Seller for a transaction of 600,000 MT of Heavy Fuel Oil over 12 months. 2) It outlines the commissions that will be paid to intermediaries on both the Buyer and Seller sides. The total commission is $10 per MT, with $5 per MT going to the Seller side and $5 per MT going to the Buyer side. 3) The Agreement requires automatic payment of commissions within 7 days of shipment completion and binds all parties, employees,

Author

Nelson Gavilanes

Language

EN