Description Documents Required Company bank details for C&G to be provided for assignment of the letter of credit. Company certificate of existence from C&G stating company is in good standing. Exclusive rights to sell or rights for the sale or title to the equipment referred to in YY-2311 to be supplied by C&G and/or by John. Philippine principal documentation (see item 4.8). Statements of Fact Escrow copy with clear purpose for purchase of equipment in will be sent and shared with John and C&G. Mechanics of converting escrow amount to cash and/or inclusion in master letter of credit will be discussed and agreed in writing. Letter of credit will be sent and shared with John and C&G and eventually transferred to the Philippine principal. APE will make a final offer after inspection; if customer is willing and able to open the letter of credit, the agreed purchase price will be set. Cost to John/C&G will be disclosed so that transfer letter of credit amount will be transferred to the Philippine principal. Assignment portion of C&G and/or John’s profit will be assigned to C&G and/or John. Letter of credit is transferrable to the Philippine principal, payable against clean on-board bill of lading. Acceptance of a transfer letter of credit by the Philippine principal is paramount. SpecificationsVoltage: 11,000 VFuel type: Diesel or Natural GasGenerator package: Generation 6
