Common Contracts

General Terms and Conditions for the Sale of Marine Fuels

New York • March 24th, 2015

• Jurisdiction
  New York
• Filed
  March 24th, 2015

These General Terms of Sale for Marine Fuels (“Terms of Sale”), in conjunction with the confirmation agreement (“Confirmation Agreement”), shall be collectively referred to as the “Contract” and contain the entire agreement between the parties and supersede all prior agreements, arrangements and understandings in respect of the same subject. In the event of a conflict between the Confirmation Agreement and the Terms of Sale, the Confirmation Agreement shall take precedent. The Contract shall be deemed firm and binding upon the issuance by Seller of a Confirmation Agreement, unless the Buyer provides Seller with written notification of any objections, errors or omissions within twenty four (24) hours of the date and time that the Confirmation Agreement is sent. The Terms of Sale shall apply to sales by the Chemoil Energy Ltd Group of Companies (“Seller”) of bunker fuel oil, intermediate bunker fuels, marine diesel oil, and marine gas oil (collectively hereinafter “Marine Fuels”). As use