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Issued by:
Letter of Credit no.:
Date of Issue:
Date of Maturity:
Date of expiration:
Beneficiary:
We, the undersigned, hereby open our unconditional, irrevocable, Non
transferable Letter
of Credit in favour of Michael Ablad (Epoch Japan Corp. Co. Ltd). For the
amount of
81.000,000.00USD (Seven Million and Fifty Thousand United States Dollars)
Due.45.days from the Date of issue.06th May 2007
Payment is available upon the beneficiary’s first written demand. Demand
hereunder
must be marked” drawn under Letter of Credit No.......................
dated..............”.
We engage with you that the demand drawn under and in compliance with the
terms of
this Letter of Credit shall be duly honoured on due presentation to us.
Except as
otherwise expressly stated herein, this Letter of Credit is subject to the
uniform customs
and practices for documentary credits (latest edition 1993) I.C.C.
Publication No. 500.
This is an operative instrument. All charges are for the account of the
applicant.
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(Authorised Bank Officer) |
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(Authorised Bank Officer) |
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