1. SELLER AND BUYER EXECUTE, SİGN AND İNİTİAL A DEED OF AGREEMENT WHİCH THEREBY AUTOMATİCALLY BECOMES A FULL COMMERCİAL RECOURSE CONTRACT AFTER BUYER APPLİCATİON HAVE BEEN ACCEPTED.
2. WİTHİN 2-3 BANKİNG DAYS THE SELLER’S BANK SWİFT MT-799 OR 199 TO THE BUYER’S BANK (AS PER VERBİAGE AS BELOW APPENDİX A)
3. WİTHİN 2-3 BANKİNG DAY BUYER BANK WİLL İSSUE UNDERTAKİNG PAYMENT (AS PER VERBİAGE AS BELOW APPENDİX B) TO SELLER BANK COORDİANTE PROVİDE
4. WİTHİN 2 BANKİNG DAY SELLER BANK SWİFT MT-110 TO THE BUYER’S BANK (AS PER VERBİAGE AS BELOW APPENDİX C)
5. WİTHİN 3 BANKİNG DAY (THREE) BANKİNG DAY UPON AUTHENTİCATE OF SWİFT MT110 VİA BANK TO BANK, THE BUYER BANK WİLL RELEASE PAYMENT BY DİRECT T/T SWİFT MT 103 TO SELLER’S DESİGNATED ACCOUNT.
6. ANY UNAURTORİZED COMMUNİCATİON OR PROBİNG FOR İNFORMATİON TO ANY OF THE İNVOLVED BANKS İN THİS TRANSACTİON BY ANY PARTY OF İTS RESPECTİVE REPRESENTATİVES, AFFİLİATES, OF ATTORNEYS İS STRİCTLY PROHİBİTED. A BRESCH OF THİS RULE WİLL LEAD TO THE İMMEDİATE TERMİNCATİON OF THİS CONTRACT.
7. THE HARD COPİES OF THE SBLC SHALL BE DİSPATCHED FOR DELİVERY VİA BANK BONDED COURİER TO BUYER’S BANK WİTHİN SEVEN (7) BANKİNG DAYS AFTER PAYMENT
UPON SUCCESSFUL COMPLETİON OF TRANCHE NO. 1, WİTHİN SEVEN (7) BANKİNG DAYS OR MUTUALLY AGREED BY BOTH PARTİES, ABOVE PROCEDURE WİFF BE REPEATED: SELLER WİLL İSSUE AND DELİVER THE SBLCİN FAVOR OF AGREED FEES AND COMMİSSİON FEES UNTİL ALL TRANCHES ARE COMPLETELY EXHAUSTED.
8. BOTH PARTİES AGREE AND WARRANT THAT ESCH OF THE PARTİES SHALL ASSUME HİS OWN REPONSBİLİTY, ENSURE HİS OWN, ENSURE HİS OWN AUTHENTİCİTY AND PERFORM THE TERMS AND CONDİTİONS.