PAGAMENTO MEDIANTE CRÉDITO DOCUMENTÁRIO

Dear Sirs, 
...mesma fórmula do Modelo 1.

- Merchandise - Quantity - Packing			Veja igualmente Modelo 1.
- Price - Delivery 

- Conditions of execution 
a) Position Ex-Works, F.O.T., F.O.R., F.A.S., F.O.B:  "The merchandise will be remitted to our forwarders within the delays indicated above together with the original of our irrevocable letter of instructions to dispose of said merchandise in accordance with your own instructions or the instructions of the agent or representative that you will indicate."   b) Positions C & F ou C.I.F:  "Shipment by ocean freight (or by airfreight) to... within the delays indicated above under ocean bill of lading (or airfreight bill of lading) established in accordance with the requirements of the documentary credit (or letter of credit) opened in our favour."   	"The above conditions are to be understood as being subject to the general regulations enforced by the Brazilian Authorities for goods and/or services exported or reexported." 
- Conditions of payment 
a) Positions Ex-Works, F.O.T, F.O.R, F.A.S, F.O.B:  "By and irrevocable documentary credit (or letter of credit) opened in our favour by a first class bank of your place and notified us through a Brazilian Bank of an equivalent rating. The amount payable under this credit will be equal to 100% of our commercial invoice plus 3% for quantity variation.
   	The description, specification, quantity, packing and price state by the credit, if need be, will have to conform generally or precisely with the description, specification, quantity, packing and price stated by the present confirmation.
   	This credit will be payable by the advising bank against presentation of the following documents:  - Commercial invoice in X original copies,  - Packing list,  - Certificates of origin (if required),  - Test certificates (or inspection certificates) if required,  - Forwarder's receipt,  - Copy of our letter to the Forwarding company referred to under "Conditions of execution" above regarding the disposal of the merchandise.
   	The date of the forwarder's receipt required by the credit will no be earlier than the last day of the delivery date state above under reference  "Delivery".
   	The expiry date of the credit for negociation will be 15 days after the last day of the delivery date."   b) Position C & F, C.I.F. (ou eventualmente) Ex-Ship Destination: as três primeiras alíneas do parágrafo a) que precede, são igualmente aplicáveis nessas posições.
 Retomar em seguinda, para o enunciado dos documentos, a fórmula seguinte:  "- Commercial invoice in  X  original copies    - Packing list  - Certificate of origin		if required  - Test certificate  - Consular invoice    - Full set of clean ocean bills of lading (or airfreight bills of lading) stamped  "on board", "freight prepaid" (ou freight collect") and established in accordance with the requirements of the documentary credit for consigment and notify party."    Para C.I.F., acrescentar:    	"Insurance policy (or Insurance certificate) established in conformity with the requirements of the credit as far as beneficiary is concerned, being understood that, in accordance with the terms of our offer, the covered risks will be..."    Para Ex-Ship destination, acrescentar:    	"Certificate issued by the steamship company (or by the airline company) or their agents in Brazil to the effect that the merchandise has arrived at destination as shown by the bill of lading."    E para as três posições C & , C.I.F., Ex-Ship, acrescentar:    	"The date of the bill of lading required by the credit will not be earlier than the last day of the delivery date state above under reference "Delivery". The expiry date of the credit for negociation will be 15 days after the last day of the delivery date."    E, em todas as circunstâncias acrescentar:   
 	"The acceptation of the present confirmation constitutes a definite commitment on your part to open in our favour the irrevocable documentary credit referred to above in the conditions indicated within such a period that we will be notified of said credit by the advising bank in Brazil not later than X days following the date indicated below under item  "Acceptation".
   	In case of delay in the opening of the credit, each day of delay in the notification will extend accordingly the delivery period, and the validity of the credit for shipment and negociation will be computed on the basis of the new resulting thereof.
   	In the delay in the opening of the credit exceeds by  "y" days the date indicate above, we reserve the right to cancel this order and to notify you this cancellation at any time after this delay of  "y" days has expired, and we shall keep this option until the date we receive notification of the opening of a credit that would conform to the above conditions." 
   - Acceptation  				 
   - Arbitrage