Transaction Requests. The following conditions and requirements shall apply with respect to any request for a Transaction:
Transaction Requests. If Client proposes to request that Supplier arrange to supply or finance the purchase of any Goods or a portion of the purchase price of any Goods, Client shall: (i) notify Supplier of the proposed transaction (the “Transaction”) in writing; and (ii) furnish to Supplier: (A) a copy of the purchase order(s) proposed to be entered into by and between the Seller and Supplier or Client for the purchase of the Goods (the “Supplier Order(s)”) (B) copies of the corresponding Customer Orders that Client proposes to fill using the Goods (all of which shall be duly executed by Customers, shall be subject to confirmation by Supplier and shall allow for partial shipment and/or fulfillment if the Goods necessary to fill them are to be provided by more than one Seller), accompanied by such assignments (the “Assignments”) as Supplier may require and remittance in full of all deposits made by Customers in connection with such Customer Orders, if any; (C) copies of any letters of credit that support Customer Orders (“Customer Letters of Credit”), which letters of credit (if any) must be issued or confirmed by domestic banks acceptable to Supplier, must be payable in U.S. Dollars at the New York counters of such domestic banks, and must be in form, substance and amount satisfactory to Supplier, together with evidence satisfactory to Supplier that such letters of credit have been amended as requested by Supplier in its sole discretion and have been transferred or assigned to Supplier, (D) a budget itemizing all costs related to such request (“Transaction Costs”) (including but not limited to: the invoice price of the Goods; shipping costs; freight costs; handling costs, insurance costs; customs and duties; taxes, storage charges; packaging costs; additional overhead costs and expenses; royalty payments, if any; and any other costs that may be incurred in connection with the sale of the Goods) and setting forth the estimated time to deliver the Goods to the Customer and the sale price of the Goods; (E) a specific description of each freight forwarder, shipping company, customs broker, warehouse and other person or entity that will provide services relating to the shipping or storage of the Goods (each of which shall be satisfactory to Supplier in its sole discretion and shall be referred to as a “Logistics Company”), together with a description of the shipping and storage arrangements in detail satisfactory to Supplier (the “Delivery Arrangements”) and triparty agreements in ...
