Question:

master fee protection

by Guest7884  |  12 years, 10 month(s) ago

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for commodities

 Tags: FEE, Master, protection

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1 ANSWERS

  1. salim
    The Fee Protection Agreement (FPA) is issued to the Paymaster involved in the sale of the Commodity iden-tified by the Contract Number (conditions apply). Commission payments will be made after the delivery and payment for each shipment, as agreed between the Seller and the beneficiary’s Paymaster. The commission will be paid to the beneficiary’s Paymaster named in the F.P.A. for all contracted quantity including all extensions and rollovers on shipment by shipment basis as per the following proceeds.

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