The Buyer shall open a 100% comfirmed, irrevocable, divisible and negotiable leter of credit in favor of the Seller within 5 calendar days from date of the agreement through the issuing Bank. The letter of credit shall be drawn aginst draft at sight upon persentation of the following documents: Full set of Seller's Commercial InvoiceFull set of clean, blank, endorsed Bill of LadingInspection Certificate of Quality and Quantity
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