Common use of Payment Documents Clause in Contracts

Payment Documents. The payment for the product is made on arrival at buyer’s port by MT103 on verification and confirmation of the documents below. 1. Full set of Bill of Lading 2. Certificate of Origin, 1copy; 3. Time sheet, 1 copy; 4. Certificate of Quality and quantity made by SGS at the buyer’s port. 5. Invoice, 3 originals 1 copy; 6. The third party documents other than the Invoice Parties are acceptable; 8. The seller put 110% insurance for each vessel. Insurance document, 3 copies; 9. Certificate of Quantity and quality issued by CIQ at discharge port.

Payment Documents. The payment for the product is made on arrival at buyer’s port by MT103 on verification and confirmation of the documents below. 1. Full set of Bill of Lading 2. Certificate of Origin, 1copy; 3. Time sheet, 1 copy; 4. Certificate of Quality and quantity made by SGS at the buyer’s port. 5. Invoice, 3 originals original 1 copy; 6. The third party documents other than the Invoice Parties are acceptable; 8. The seller put 110% insurance for each vessel. Insurance document, 3 copies; 9. Certificate of Quantity and quality issued by CIQ at discharge port.