Cranberry 500M $23 all in (No Mandate Box)

Cranberry 500M $23 all in (No Mandate Box)

Cranberry 500M lots $23

SOP

  1. KYC submitted for initial Seller Due Diligence, and SRN Code will be provided for document submissions; plus an acknowledgement of this SOP sent by DocuSign.
  2. LOI, LOA_RWA, ICPO, Buyer DD form, submitted by Buyer to: Seller Name
  3. AML submitted by End Buyer/ Funding Account Holder. IMFPA draft created.
  4. Procurement Authorization Letter with Procurement Company submitted if a Proxy Buyer.
  5. Transactional NCNDA shall be executed between Seller and Buyer.
  6. Procedure confirmation letter shall be agreed upon and signed off by Buyer and Seller.
  7. Transactional Attorney sends email to Buyer’s attorney, confirming the Seller’s RWA to complete transaction, with SGS in possession, and requests for an ATV, along with a current Bank Statement, and a Bank Capability Letter (BCL), to be submitted (with the SRN Code) on Bank Letterhead. (Templates will be provided).
  8. Buyer submits ATV (with current Bank Statement), and a BCL to Seller Transactional Attorney.
  9. Seller-assigned C-Level banker conducts ATV call with Buyer’s Banker and verifies ATV & BCL to complete the FUNDS verification process.
  10. Upon successful ATV & BCL verification, The Seller Attorney instructs AIC or Seller to provide SGS confirmation letter to Buyers Attorney. Immediate Soft PoP for Buyer, with Verifiable Redacted SGS provided. (LOT Code_ERP ). Redacted SGS is sent within 30 minutes of POF verification
  11. Seller´s Attorney provides Buyer’s Attorney with SPA and Escrow agreement drafts
  12. Escrow Agreement & Sales Purchase Agreement entered with a mutual 2% Performance Bond, and IMFPA finalized.
  13. Escrow Fully FUNDED I MT103
  14. FULL Inspection I Full SGS Report immediately; Physical Inspection with BOL_POL
  15. TITLE • Possession I Transaction Completes with Release of Escrow

Commissions: 

45% open and there is no mandate box
Seller Requires that the Groups share equally

Carl

Subscribe via Email

Enter your email address to subscribe and receive immediate email notifications when new lots are posted.

Product sells quickly. You should not spend money drawing up legal paperwork to reserve the product for your client until you ask if it is still available. Email sales@patriot.health to inquire. Available product can be reserved by submitting a LOI/LOA/ICPO. 

2 Comments

  1. Takeshi Funayama on August 16, 2021 at 2:26 am

    Hi we have buyer for this but buyer wants A2A fast to rush the process. Kindly confirm. Thanks.

  2. admin on August 16, 2021 at 3:14 am

    Use WhatsApp or email and give me a list for NCNDA and we can rush it. I am stuck with zero progress unless we follow the SOP. Click the WhatsAPP green button bottom right or email me at tony@patriot.health

Leave a Reply to admin Cancel reply

Subscribe via Email

Enter your email address to subscribe and receive immediate email notifications when new lots are posted.

Product sells quickly. You should not spend money drawing up legal paperwork to reserve the product for your client until you ask if it is still available. Email sales@patriot.health to inquire. Available product can be reserved by submitting a LOI/LOA/ICPO.