1. The buyer issues the ICPO, TSA and company registration
certificate. 2. The seller issues the draft contract, the
commercial invoice (CI), the buyer signs and returns it to the
seller for further proceedings. 3. Seller issues Dive Test
Authorization (DTA) and Physical Verification Authorization
(ATV), which must be signed by all parties, including buyer's
tank farm. 4. The seller sends the following PPOP document to
the buyer A. Tank Storage Receipt (TSR) B. Injection report C.
Dive Test Authorization Letter (DTA): Unconditional for 5 days.
D. Authorization for Sale and Collection (ATSC) E. New SGS
report F. Authorization for Physical Verification (ATV) G.
Analysis for the assessment of the Products. 5. Buyer performs
DIP Test on the product at the seller's rented tank and inserts
the product into the buyer's tank and makes payment for the
total value of the product injected into the seller's tanks via
MT103-TT. 6. The seller pays the mandates of his intermediaries
and the buyer pays the commissions to his intermediaries which
do not fall between GROSS and NET prices. Thereafter the
monthly shipment continues according to the terms and
conditions of the sales and purchase contract between buyer and
seller