Omnibus Capital & Assurance

Omnibus Accenture: Agro Commodities Suppliers MOU

GTN Ventures
18, Alafia Street, Ifako-ijaiye, Lagos.
E: Omnibuscompany@Yahoo.Com
Tel. +2348185000488
MEMORANDUM OF UNDERSTANDING

EFFECTIVE CONTRACT DATE:


“The Buyer”:

GTN Ventures (a subsidiary of Omnibus Accenture Company Limited)
O/C Tokunbo Akeredolu-Ale
18, Alafia Street, Ifako-ijaiye, Lagos. (“The Office”)
E: Omnibuscompany@Yahoo.Com
Tel. 08185000488
Web:Www.Omnibus-Agro.Com

Supplier:

Company's Name:
Company's Address:
Email: 
           

Facilitator (if any):

Company's Name: 
Tel.
Email: 

Description Of Goods “THE CARGO":

Quantity:
Presentation & Packing:
Supplier Payment Per MT:
Facilitator Payment Per MT:
Effective Delivery Date:
Delivery Location:
Anchor Point:


Payment Conditions:

Cheque Issuance ,Once Goods Have Passed Quality Checks And Certified Ok.

General Conditions:

1. This Contract Is Strictly Subject To The Above Stated Quality Standards, Terms And Conditions.

2. “Not Meeting Specified Quality Would Be Discounted Or Rejected Accordingly Depending On The Extent Of Variation.


3. The Payment For The First “Cargo Supply” Shall Be Concluded By At Least 48 Hours After The Last Set Of “Cargo” Are Inspected And Confirmed Ok.



Special Conditions:


1. Delivery: Time Frames Should Be Strictly Adhered To For Prompt Payment Processing.


The Inspection Of Goods Brought In By The Supplier (And Handed Over To “The Buyer”) To Be Carried Out At “The Buyers’” Warehouse Represents ALL Sides And Is Final.

                                
Payment Will Be Made Immediately The Quality And Quantity Of The Supplied Cargo Is Inspected, & Confirmed.

Payment: 100% CHEQUE ISSUANCE IMMEDIATELY AFTER “SUPPLIED CARGO” IS INSPECTED & CONFIRMED OK.


TRANSACTION PROCEDURE:


1. “Supplier” Brings “THE CARGO” Samples To “The Office” For Approval.

2. “Supplier” And “Buyer” Review And Sign “THE CONTRACT” based on agreed sample specification.

3. “Supplier” Prepares “THE CARGO” For Loading, And Consequently TRANSPORTS same To The Specified “Anchor Point” In Lagos.


4. “The Buyer” Receives “THE CARGO”  And Its “Waybill” At The Specified Anchor Point In Lagos, And Takes “THE CARGO” To “The Warehouse, Where “THE CARGO”  Will Be Inspected And Tested For Agreed Quantity and Quality Specification Match Respectively.


5. “CARGO” Supplied Must Match The Approved “SAMPLE” Received At “The Office” By The Buyer Prior To The Supply. Once The Received “CARGO” Is Certified OK, “The Buyer Pays “The Supplier” As Agreed.


6. The Cycle Is Then Repeated As Agreed.


Force Majeure:

Neither Party To This Contract Shall Be Held Responsible For Breach Of Contract Caused By An Act Of God, Insurrection, Civil War, And Military Operations For Local Emergencies. The Parties Do Hereby Accept The International Provision Of; Force Majeure; As Published By The International Chamber Of Commerce (ICC).

Validity Of Contract:

This Contract Shall Be Legal And Binding Upon Signature Of The Copies.

It Shall Be Binding Upon All Parties And Their Respective Successors, Assigns, And Executors.


The Contract Will Take Force At The Date Signified As Its “Effective Date”.


Warning and Important Notice!!


On No account should any "Supplier" Or "Facilitator" try to get directly involved or in touch with any of the “The Buyers’ Representatives' partner warehouses, personnel or direct major exporters as might be known/exposed to them on the initial supply or in subsequent transactions. "Supplier" Or "Facilitator" businessess' start and end at the The Buyers' corporate office: 18, Alafia Street, Ifako-ijaiye, Lagos.


The PARTIES Here To Have Signed This Agreement On The Day First Written Above: {All Parties Hereby Sign Below As Applicable}


I Hereby Absolve “The Buyers’ Representative” Of Any Blame Should “THE CARGO” Be Rejected On The Account Of Poor Quality Or Late Delivery.



For And On Behalf Of “The Supplier”:


Name:

Signature:
Date:

For And On Behalf Of “The Buyers’ Representative”:

Name:
Signature:
Date: