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ORIGINAL DC ISSUING BANK STATES QUOTE FIRST BENEFICIARY REFERENCE :
177572 ARTICLE 32 OF THE UCP600 IS NOT APPLICABLE THIRD PARTY DOCUMENTS AND SHIPPER ACCEPTABLE.INSURANCE COVERED BY APPLICANT.ANY ORDER WHOSE CARGO RECEIVING DATE EXCEEDS 10 DAYS AFTER AUTHORIZED DATE (LATEST DATE OF DELIVERY TO FORWARDER AS PER ORDERS) THE SHIPMENT SHOULD BE SHIPPED BY AIR ON SECOND BENEFICIARY'S ACCOUNT,IN THIS CASE,DOCUMENT REQUIRED FOR SHIPMENT BY AIR :AIRWAY BILL CONSIGNED TO EMC DISTRIBUTION INDICATING NUMBER OF THE DOCUMENTARY CREDIT,ACTUAL DATE OF DISPATCH AND FLIGHT
NUMBER MENTIONNING FREIGHT PREPAID.IF BENEFICIARY DISAGREES ON PREVIOUS POINT,THIS ORDER MAY BE CANCELLED AFTER 15 DAYS LATE.
WHEN CARGO RECEIVING DATE EXCEEDS AUTHORIZED DATE AND DISCREPANCY RELEASED BY APPLICANT,THE FOLLOWING PENALTY FEES WILL BE DEDUCTED FROM PAYMENT CALCULATED ON THE DOCUMENT'S AMOUNT IN CASE OF NON RESPECT OF THIS DATE 5 PER CENT BETWEEN 5 AND 10 DAYS LATE 10 PER CENT BETWEEN 11 AND 16 DAYS LATE 15 PER CENT BETWEEN 17 DAYS LATE AND MORE
IN ADDITION TO A PASSED INSPECTION,ISSUANCE OF THE SPECTION,CERTIFICATE BY THE APPOINTED COMPANY,DEPENDS ON POSSESSION BY THE APPLICANT,OF BOTH TECHNICAL FILES AND TEST REPORTS.ANY FURTHER AMENDMENT WILL BE ON SECOND BENEFICIARY ACCOUNT.IN THE EVENT THAT DOCUMENTS PRESENTED HEREUNDER ARE DETERMINED TO BE DISCREPANT,WE MAY SEEK A WAIVER OF SUCH DISCREPANCIES FROM THE APPLICANT.SHOULD SUCH A WAIVER BE OBTAINED,WE MAY RELEASE THE DOCUMENTS AND EFFECT SETTLEMENT,NOTWITHSTANDING ANY PRIOR COMMUNICATION TO THE PRESENTER THAT WE ARE HOLDING DOCUMENTS AT THE PRESENTER'S DISPOSAL,UNLESS WE HAVE BEEN INSTRUCTED OTHERWISE BY THE PRESENTER PRIOR TO OUR RELEASE OF DOCUMENTS.WHEN DOCUMENTS ARE PRESENTED AND FOUND TO HAVE DISCREPANCIES,WE SHALL DEDUCT EUR 120,00 OR USD C.V.AS DISCREPANCY FEE FROM THE PROCEEDS ON EACH SET OF DOCUMENTS.KINDLY REMIT A FULL SET OF PHOTOCOPIES OF ALL ORIGINAL DOCUMENTS FOR OUR FILES.IF SUCH COPIES NOT PRESENTED,A FEE OF EUR 15,00 OR ITS EQUIVALENCE WILL BE DEDUCTED UPON PAYMENT UPON RECEIPT AND RECOGNITION OF REGULAR DOCUMENTS AT OUR COUNTERS,WE SHALL UNDERTAKE TO PAY AT MATURITY DATE.AT RECEIPT OF DOCS AT OUR COUNTERS IN COMPLIANCE WITH L/C TERMS
WE WILL PAY.UNQUOTE.NAME AND ADDRESS OF ORIGINAL DC APPLICANT:
EMC DISTRIBUTION
28 RUE DES VIEILLES VIGNES 77183 CROISSY BEAUBOURG
THERE WERE TWO ORIGINAL AMENDMENTS DATED MAY 23,2011 AND JULY 18,2011,CONTENTS OF WHICH ARE INCORPORATED IN THIS TEXT AND RELATIVE AMENDMENT COMMISSION AND CHARGES ARE FOR ACCOUNT OF SECOND EFICIARY.
UPON PAYMENT,WE SHALL DEDUCT USD EQUIVALENT OF HKD1,439.00 FROM THE PROCEEDS OF THE FIRST DRAWING BEING OUR TRANSFER COMMISSION AND CHARGES.
UNIT PRICE AND VALUE OF GOODS MUST NOT BE SHOWN ON DOCUMENTS,WITH THE EXCEPTION OF THE FOLLOWING:-DRAFT(S),IF REQUIRED COMMERCIAL INOICES