Ncnda - Imfpa Formal
Ncnda - Imfpa Formal
Ncnda - Imfpa Formal
SELLER’S SIDE
REPRESENTATIVE
BUYER’S NAME
BUYER’S SIDE
REPRESENTATIVE
CONTRACT DATE
CONTRACT NUMBER
WHEREAS the undersigned wish to enter into this Agreement to define certain parameters of the future legal obligations,
are bound by a duty of Confidentiality with respect to their sources and contacts. This duty is in accordance with the
International Chamber of Commerce.
WHEREAS the undersigned desire to enter a working business relationship to the mutual and common benefit of the parties
hereto, including their affiliates, subsidiaries, stockholders, partners, co-ventures, trading partners, and other associated
organizations (hereinafter referred to as “Affiliates”).
NOW THEREFORE in consideration of the mutual promises, assertions and covenants herein and other good and valuable
considerations, the receipts of which is acknowledged hereby, the parties hereby agree as follows:
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SELLER’S LETTERHEAD
law in both parties’ countries, All Commonwealth Countries, European Union Countries, USA Courts, or under Swiss
Law in Zurich, in the event of dispute, the arbitration laws of the United Kingdom will apply.
I. The signing parties hereby accept such selected jurisdiction as the exclusive venue. The duration of the Agreement shall
perpetuate for xxxxxxxxx from fist date of signing or as per the reference SPA has been signed.
2. AGREEMENT TO TERMS
A. Signatures on this Agreement received by the way of Facsimile, Mail and/or E-mail shall be ACCEPTED AS an
executed Contract Agreement, enforceable and admissible for all purposes as may be necessary under the terms of the
Agreement.
B. All signatories hereto acknowledge that they have read the foregoing Agreement and AS EVIDENCED by their initials
and signature that they have full and complete authority to execute the document for and in the name of the party for which
they have given their signature.
For Seller:
Name : Mr.
Company : PT.
Address :
Tel :
Passport No. :
Designation : President Director
Sign/Seal :
Date & Time :
For Intermediary:
Name :
Passport :
Address :
:
Phone :
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SELLER’S LETTERHEAD
Email :
Sign / Seal :
Date & Time :
Contract No
Commodity Indonesian Nickel
Origin Indonesia
Destination
Quantity
Price
Buyer’s Name
Represented by
We, the undersigned, herein referred as the seller and the buyer, under penalty of perjury do hereby irrevocably
confirm and irrevocably accept to pay all intermediaries and fee holders at the same time and in a manner as the seller is
being paid for each and every transaction of this contract up to the completion of the contract plus any and all rollovers and
extensions, and in accordance with the bank details to be specified, herein this irrevocable Master Fee Protection and
Payment Order Agreement.
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SELLER’S LETTERHEAD
We, the Seller, irrevocably confirm that we will order and direct our bank to endorse our Standing Bank Instruction
for automatic payment orders to the beneficiaries named below. furthermore, we, the Seller confirm that all pay orders shall
automatically be remitted via transferred funds as directed into each beneficiary’s designated bank account within One (1)
banking day after the date of the closing and the completion of each and every shipment of the product during the contract
term plus any/or extensions and rollover of the specified contract, noted in the above Non-Circumvention Non-Disclosure
Working Agreement section of this document.
For the purpose of clarity, we confirm that the closing and completion of each and every shipment shall be deemed
to take place when the letter of credit issued by the buyer has been drawn down at the counters of our receiving bank.
We, the Seller, agree to provide all beneficiaries with written evidence of the pay orders lodged with our bank
together with acknowledgements of our receiving bank’s standing bank instruction acceptance for One (1) day remittances.
Furthermore, our bank shall be instructed to provide duly signed and stamped acknowledgement of this instruction as set out
in the annex, forming part of this agreement. It is understood that for the purposes of this Master Fee Protection Agreement,
our bank shall be the same bank and this MFPA acts as an integral part the Sales & Purchase Agreement contract.
We, the undersigned, being the Seller, named the legally authorized representative as stated within the signed and
legally binding main transaction contract, unconditionally agree and undertake to approve and originate all payments in USD
currency (current exchange rate to be IDR to beneficiary’s accounts) all beneficiaries named below as their rightful and
payable Service Fees and Commissions. This agreement also acts as a record confirming the commission amounts for each
named beneficiary as set out below;
The Beneficiary(s) allows the Seller to deduct the withholding Tax for Ten Percent (10 %) of the total amount of the
benefit.
FOR Indonesia Goverment
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SELLER’S LETTERHEAD
All parties agree to refer any disputes between the parties arising out of or in connection with this agreement including any
questions regarding its existence, validity or termination to the arbitration rules of UNCITRAL under the under the
International Court of Arbitration of the ICC. The appointed arbitrator shall hold the proceedings in any country chosen by
the parties and the rules of the ICC shall apply.
This document is signed and accepted by parties named below as to be included in the main contract.
3. Account Name :
4. Account Number :
5. SWIFT Code :
6. Bank Telephone Number :
7. Bank Officer Name :
BENECIARY
Name :
NIK :
Address :
NPWP :
Tel :
Nationality :
Bank Name :
Branch :
Bank Address :
Account Name :
Account No. :
Bank Officer :
Acceptance:
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SELLER’S LETTERHEAD
Seller: Intermediary :
……………………………………………………………. ……………………………………………………
NAME : NAME :
DATE : DATE :
NOTARY PUBLIC
BEFORE ME, THE UNDERSIGNED NOTARY PUBLIC, PERSOALLY APPEARED THE FOLLOWING:
TO ME KNOWN TO BE THE INDIVIDUALS DESCRIBED HEREIN AND WHO EXECUTED THE FOREGOING
INSTRUMENT, AND ACKNOWLEDGED THAT THEY EXECUTED THE SAME AS THEIR FREE ACT AND DEED.
MY COMMISSION EXPIRES:
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SELLER’S LETTERHEAD
OFFICER NAME :
TITLE :
NOTARY PUBLIC NAME :
ADDRESS :
TEL :
TODAY’S DATE :
[SEAL]
____________________________________________________________________________________________________
Bank Endorsement
This is to certify that the above irrevocable payment order has been lodged with us and will be executed in
accordance with the instructions stipulated in this document.
[SEAL]
END OF DOCUMENT
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