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International Sports Equipment Ltd. 375
Jiefang Street, Tianjing 30000, China
Tel: (020)
200000 Fax: 2000001
September
12, 200#
Norseman
Vehicle Building Ltd.
12 Nobel Street
Stockholm,
Sweden
Dear Sirs:
We spoke to your
representative, Mr. Bergman, at the international Automobile
Expo in Tokyo last week, and he showed us a number of
snowmobiles which you produce, and informed us of your terms
and conditions.
We were impressed
with the vehicles, and have decided to place a trial order for
ten of them, your Cat. No SM18. The enclosed order, No.98918,
is for prompt dilivery as the winter season is only a
few weeks away.
As Mr. Bergman
assured us that you could meet any order from stock, we have
instructed our bank, Bank of China, Tianjing Branch, to open a
confirmed irrevocable letter of credit for USD 108,000 in your
favor, valid until December 1, 200#.
Our bank informs
us that credit will be confirmed by their agents, Scandinavian
Bank, Strindberg Street, Stockholm, once you have contacted
them, and they will also supply us with a certificate of
quality once you have informed them that the order has been
made up and they have checked it.
You may draw on
the agents for the full amount of the invoice at 60 days, and
your draft should be presented with the following
documents:
Six copiesof the
bill of lading
Five copies
of the commercial invoice, c,i,f.
Tianjin
Insurance
Certificate for USD 118,800(A.
R.)
Certificate of
origin
Certificate of
quality}
The credit will cover the invoices, discounting,
and any other bank charges. Please fax us confirming that the
order has been accepted and the vehicles can be delivered
within the next six weeks.
Yours
faithfully
QIAN Jin( Mr.
)
Purchase Department
Encl.
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