The Buyer shall open a 100% confirmed, irrevocable, divisible and negotiable letter 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 against draft at sight upon presentation of the following documents:
full set of the Seller's Commerical Invoice
full set of clean, blank, endorsed Bill of Lading
inspection Certificate of Quality and Quantity
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