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Certificate of authority to sell
On Seller's Mandate LetterheadTransaction Code:
Seller's Code:Commodity: (type of metal)
Form: (dust, nuggets, doré, refined bars)Bar Size: (indicate bar size)
Hallmark: Internationally AcceptedPurity: (fineness e.g. 99.99% Pure)
Quantity: (?) metric tons with possible rolls & extensions to (?) mTOrigin: (country of origin/export country)
Price: 2nd day fixing, London Bullion Market, on the day of deliveryDiscount: Gross (?%) Percent; Net (?%) Percent to the Buyer
Commission: A ___ (?%) Percent Commission will be split as; ___ (?%) Percent to the Sell Side and ___ (?%) Percent to the Buy SidePayment: Bank-to-Bank, as agreed by Buyer & Seller
Lifts: To be determined by Buyer & Seller BanksDelivery Terms:
I hereby confirm with full Corporate and Legal responsibility, under penalty of perjury, that I am the seller's mandate (authorized signatory) for the above referenced offer, that I have been authorized by the Selling Party that has Legal Title to the above named transaction to offer this commodity for sale in the International market, that the Commodity/________________ being offered is available and genuine and that the above referenced offer is a bona fide offer. I am aware that it is an International crime to knowingly transmit fraudulent information by facsimile machine or other means of transmission or carrier. I understand that I am civilly and criminally liable under my control as seller's mandate as certified. I am aware that deliberate misrepresentation on my part is fraud and constitutes criminal intent to defraud and that both are subject to fine and/or imprisonment. This copy, either by facsimile or hard copy, shall be deemed to be executed, certified, enforceable and admissible for all purposes as may be necessary under law and the terms of this Certificate and shall be accepted as an original and binding document by all parties involved in this transaction.
The parties shall abide by custom and International Practice. Any dispute arising in this respect, which can not be settled amicably, should be settled in accordance with the rules of conciliation and arbitration of the International Chamber of Commerce, Paris, France (latest revised edition). Proceedings of arbitration shall be held at a Court of the International Chamber of Commerce, in a place decided by the violated party. One or more arbitrators shall be appointed in accordance with the ICC code of practice. Judgment upon the award shall be binding upon the Parties.