Company founded 1975 US-based machinery business experienced in worldwide sales.

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Siemens, SGT-400, 2022, 50Hz and 60Hz, Gas Turbines

Description

  1. Overview
    1. Item 001: Siemens SGT 400, 60 Hz, year 2022/2023 (new production), full warranty, quantity 3
    2. Item 002: Siemens SGT 400, 50 Hz, year 2022/2023 (new production), full warranty, quantity 4
    3. Discount available for buying all 3 units
  2. Documents Required
    1. Company bank details for C&G to be provided for the assignment of the letter of credit
    2. Company certificate of existence from C&G stating company is in good standing
    3. Exclusive rights to sell or rights for the sale or title to the equipment referred to in J-4799 to be supplied by C&G and/or by John
    4. Principal/owner documentation (see item 4.8)
  3. Statements of Fact
    1. Escrow: The escrow copy with the clear purpose that it is an escrow for the purchase of the equipment in will be sent and shared with John and C&G. The “mechanics” of converting the escrow amount to cash and/or to be included in the master letter of credit will be discussed at the appropriate time and will be assigned in the appropriate proportions John, C&G, and/or the principal/owner; this will be agreed in writing.
    2. Letter of credit: The letter of credit will also be sent and shared with John and C&G and eventually transferred to the principal/owner. See notes below in 4.3, 4.4, and 4.5.
    3. Final offer: APE will make a final offer after the inspection and in the event that the customer is willing and able to open the letter of credit, then the agreed purchase price will be set. At that point, the cost to John/C&G will be disclosed so that the transfer letter of credit amount will be transferred to the principal/owner. The assignment portion of C&G and/or John’s profit will be assigned to C&G and/or John.
    4. Transferrable letter of credit: The letter of credit is a transferrable to the principal/owner, payable against clean on-board bill of lading. Acceptance of a transfer letter of credit by the principal/owner is paramount.