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Date | Tuesday, September 8, 2020 |
TRN | SPAK3KM2 |
OTG or Production | OTG |
Location | Long Beach, California |
Description | Superieur Nitrile Powder Free Examination Gloves |
Count Per Box | 100 gloves per box |
Quantity of Boxes | 300M |
Base Price | $10.75/box |
Exit Price | $11.50/box |
Commissions | $0.75/box |
Max. No. of Brokers (Clown Car) | Seller Mandate 1/3 ($0.25/box) Intermediaries 1/3 ($0.25/box) Buyer Mandate 1/3 ($0.25/box) Â |
SOP = Standard Operation Procedure | NCNDA = Non-Circumvention, Non-Disclosure Agreement  IMFPA/Fee Agreement = Irrevocable Mutual Fee Purchase Agreement |
 | Call with Seller Mandate and Buyer Mandate or Buyer. If approved, Seller Mandate will set up A2A call today |
 | Prove funds on A2A with banker on the (verbal attestation) |
 | Release of Full SGS, BOL, SPA, Escrow Agreement, and 1.5% Mutual Non-performance agreement |
 | Buyer signs docs and funds escrow (Buyer's Escrow or 3rd Party IOLTA)  Buyer given warehouse address to inspect. Buyer has 72 Hours to inspect - if goods not there or misrepresented, 1.5% penalty kicks in for Seller/if Buyer walks away after inspecting, 1.5% kicks in for Buyer  Release funds after successful inspection and take possession of the goods |
When Can Inspection Happen? | After Escrow is funded |
POL = Proof of Life | LOA, SGS and BOL |
Port of Entry | Long Beach, California |
Date of Port | Between 7/25/2020 and 8/5/2020 |