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RFQ Description

DESCRIPTION OF THE INSTRUMENT(S):Instrument:MT103 via SWIFT.Issuing banks:HSBC BANK PLC or BARCLAYS BANK PLC, London, UK.Total nominal face value:‚5,000,000,000.00 (Five billion Euros) with R&E.Each Instrument nominal:‚500,000,000.00 (Five Hundred million Euros).Profits Receiving:20%+ 2% (twenty two percents) from Instrument€™s nominal.Payment:Wire Transfer (TT).Duration of payment.Within 3 (three) banking days upon Instrument€™s SWIFT MT103 receive and authentication on interbank screen.PROCEDURES:1. The Receiver and Sender execute, sign and initial this Agreement with Fee Protection Agreement (FPA, Annex 5) and Parties will lodged this Agreement in their respective banks.2. The Sender sends the Invoice to the Receiver via e-mail.3. The Receiver accepted Sender€™s Invoice and sends it copy to the Sender via e-mail and the Receiver shall cause of payment bank Officer to issue a BANK COMFIRMATION LETTER (BCL, Annex 2) via SWIFT MT 199 to Sender€™s payment bank within two (2) banking days since Invoice date.4. The Sender will instruct of issuing bank Officer to sends follow:4.1. The Financial Instrument(Annex 3) of the first nominal (‚500,000,000.00) via SWIFT MT103 to the Receiver€™s bank account within three (3) banking days upon BCL via SWIFT MT199 verification;4.2. The acknowledgement via SWIFT MT999 (Annex 4) within one (1) banking day since SWIFT MT103 issuing date. 5. The Receiver shall cause of payment bank Officer to arrange a full payment of Profits Receiving by sum of ‚100,000,000.00 (Euro one hundred millions) as per Invoice and Consultancy Fees by sum of ‚10,000,000.00 (Euro ten millions) as per FPA within three (3) banking days upon receipt and authentication of Instrument€™s SWIFT MT103 on interbank screen.6. The Parties sends a copies of bank message via e-mail during twenty four (24) hours since message€™s issuing date.7. Sending of the subsequent Instrument€™s nominal shall perform according to terms of points 2-6 of the present Procedure.8. Should Payer€™s payment bank default to pay as rate twenty two percent (22%) to Sender€™s and Intermediaty€™s banking coordinates as agreed in point 5 after three (3) days from SWIFT MT103 authentication on interbank screen, Sender will instruct of issuing bank Officer to put a claim on the MT103 via SWIFT thereby resulting to a cancellation and start litigation.Total payment for Profits Receiving and Consultancy Fees is 22.0% (twenty two percents) from Instrument€™s nominal and are total amount ‚1,100,000,000.00 (Euro one billion and one hundred millions).Mail *******@*****.com