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LOI FOR DELIVERY CGO WITHOUT BL - to Trafigura

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NG FOR THE ABOVE CARGO SHALL E INTO OUR POSSESSION, TO DELIVER THE SAME TO YOU, OR OTHERWISE TO CAUSE ALL ORIGINAL BILLS OF LADING TO BE DELIVERED TO YOU , WHEREUPONOUR LIABILITY HEREUNDER SHALL CEASE. 6. THE LIABILITY OF EACH AND EVERY PERSON UNDER THIS INDEMNITY SHALL BE JOINT AND SEVERAL AND SHALL NOT BE CONDITIONAL UPON YOUR PROCEEDING FIRST AGAINST ANY PERSON, WHETHER OR NOT SUCH PERSON IS PARTY TO OR LIABLE UNDER THIS INDEMNITY. 7. THIS INDEMNITY SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH ENGLISH LAW AND EACH AND EVERY PERSON LIABLE UNDER THIS INDEMNITY SHALL AT YOUR REQUEST SUBMIT TO THE JURISDICTION OF THE HIGH COURT OF JUSTICE OF ENGLAND. Yours faithfully For and on behalf of Jinchuan Group Co., Ltd The Requestor T RAFIGURA M ARITIME L OGISTICS P TE L TD …………………………………….

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