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1- Parties
This Agreement is concluded between the Parties of having …..………………………………………..
Company domiciling at the address of ………………………………………. (here in after will be
referred as “The Producer” in short) on one side and ……………………………. Company domiciling
at the address of ………………………………. (here in after will be referred as “Broker” in short).
6- Payment Term
The Supplier has accepted that the payment term of the Product is Cash In Advance.
The Producer has accepted and undertaken to deliver the Product being in compliance with the
conditions of the Agreement to take place on the date of : ………………….
a) Following the transfer of the cost of the Products subjected to this Agreement from the
Buyer’s Bank to the Producer’s Bank, the Producer has accepted and undertaken to pay the
Broker in cash the amount of ………………………. Within 3 (three) business days as the
latest. In the event of having short payment by the Buyer to the Producer due to the afults and
wrongful acts of the Producer, the Producer has accepted and undertaken not to avoid the
payment to the Broker and/or not to make short payment and to pay the amount specified in
the Agreement without being deficient.
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b) The Producer has accepted and undertaken not to sell the Product in the scope of this
Agreement or another Product to the Buyer specified in the appended protocol to be made
between the parties and/or to any other buyer or Company in the country of
…………………………. without the knowledge and approval of the Broker.
In the sales taking place without the knowledge and approval of the Broker, the Producer has
accepted and undertaken to pay the amount of ……………….. of the selling cost to the
Broker.
c) The Producer accepts and undertakes that the Poroducer will pay to the Broker an indemnity
of totalling …………………… to be paid in 10 business days following the delivery date
specified in the Agreement if the Producer does nor implement the Product delivery in the
scope of the Agreement.
a) The Broker is obliged to have the Buyer accept the cost of the Product, delivery term
subjected to the Agreement. Following the acceptance of the Buyer for these selling within
these conditions, the Broker has accepted and undertaken to inform the Producer within 2
days. The Broker has accepted and undertaken not to demand the indemnity specified in
Clause 7-d from the Producer, if the Producer can not implement the delivery due to late
informing of the Broker.
b) In the event of Producer gets paid from the Buyer with lesser amount specified in 3rd Clause
of the Agreement due to Broker’s wrongful acts and faults acts, the Broker has accepted and
untaken not to get the amount specified in Clause 7/b and not to demand more than
……………. Of the cost paid by the Buyer to the Producer.
9- Force Majeur
The parties will be free of their respective obligations and responsibilities when they become in a
situation not to be able to fulfill thier obligations partially or as a whole in the framework of this
Agreement due to Force Majeur Conditions, that is to say natural disaater, war, terror, decrees of the
government limiting or prohibiting the foreign trade.
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This Agreement is arranged on the date of ……………………….as two copies and it has been
accepted and signed by the parties.
Producer Broker
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