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The American Fats and Oils Association is a non-profit organization. Our purpose is to foster trade and commerce within the United States and throughout the world for animal, fish, and vegetable fats, oils, and proteins.
The AFOA works to promote uniformity and certainty in the standards of such products and in the customs and usages of the trade; to promote friendship, sociability,and culture.
Redrafted Animal Tallow and Grease: Export Contract – Rule 31
This rule is hereby amended to read as follows, effective December 1, 2015.
“Should shipment be delayed by fire, strike, lockout, riot, revolution, prohibition to export or any executive or legislative act done by or on behalf of the government of the territory where the port or ports of shipment or destination named in the contract is or are situated or by any cause generally understood in the industry to constitute force majeure other than those reasons given in the preceding paragraph, then the time of shipment shall be extended by thirty calendar days after the termination of the occasion preventing shipment, but not more than sixty days from the end of the shipping period set forth in the contract. Should shipment not be possible within those sixty days, the contract shall be cancelled with no liability on the part of either party to the other.”
For the purposes of this rule, the term “shipment” shall mean the completion of the loading on the ship of the material which is the subject of the contract.
Make plans now to attend the 2018 Annual Meeting at the wonderful Grand Hyatt, New York City on October 10-11, 2018