1. SUBJECT OF THE CONTRACT
1.1. The Seller shall be hereby obligated to deliver and sell to the Buyer maize, having quality indices in accordance with Items 2.1., 2.2. and 2.3. of the present contract, while the Buyer shall be hereby obligated to pay for the commodity a specified base price f.c.o. the Seller’s or the Buyer’s warehouse.
2. QUALITY CHARACTERISTIC
2.1. As regards its quality, the maize shall be a robust, standard commercial good, ready to be used at the very moment of delivery, shall be odourless and shall not be rotten, mouldy, or have other odours or taste that are not characteristic of the maize.
2.2. Base quality indices:
- dampness – 15 %;
- foreign material – 0 %.
Bonification shall be applied in case of departure from the base indices.
2.3. Permissible quality indices under the standard:
- grain (culture) foreign material – 6 %
damaged and with damaged germ inclusive – 2%
- foreign material – 3 %;
- warehouse pest infection – is not to be permitted.
3. PRICES. PRICE BONIFICATION OR DISCOUNTS
3.1. For departures form the base dampness, a quantity price bonification shall be applied while increasing or decreasing the weight of the separate consignment by the percentage of the departure.
3.2. For content of foreign material (weeds, inert and harmful), a quantity price bonification shall be applied while in all cases the weight shall be decreased by the percentage of the foreign material.
3.3. For content of grain (culture) foreign material, a value price bonification shall be applied while the specified base prize shall be decreased by 2% per each percentage of foreign material.
3.4. When separate consignments of maize are offered containing dampness and foreign materials exceeding the limits permissible under the standard, the base price shall be negotiated and the forthcoming expenses on drying, airing and purifying shall be included.