c

c
c
c
c
FROM: (Issuing Bank)
TO:

DATE OFF ISSUE TO BE DETERMINATE

WE HEREBY ISSUE OUR IRREVOCABLE STAND -BY LETTER OF CREDIT NBR ..................... IN
YOUR FAVOUR BY ORDER OF ...........................................UP TO AN AGGREGATE AMOUNT
OF USD...................................(USA DOLLARS........................... ). - THIS STAND-BY LETTER OF
CREDIT COVERS ALL CREDITS THAT (issuing bank) HAD GRANTED OR GRANTS IN THE
FUTURE TO...................................., AS WELL AS ALL FI NANCINGS AND ALL OTHER
OBLIGATIONS THEREOF. -

THIS STAND-BY LETTER OF CREDIT IS AVAILABLE FOR EITHER PARTIAL OR TOTAL

PAYMENT AT SIGHT UPON RECEIPT BY US AT OUR PREMISES OF YOUR WRITTEN
STATEMENT OR AUTHENTICATED SWIFT OR TELEX MESSAGE CLAIMING PAYME NT
UNDER THIS DOCUMENT AND CERTIFYNG THAT THE CLAIMED AMOUNT IS DUE FOR
PAYMENT AND UNPAID TO YOU AND IT IS RELATED TO CREDIT GRANTED TO .................

THIS STAND-BY LETTER OF CREDIT IS IN FORCE AS OF..........(DATE)........ AND IT EXPIRES

AUTOMATICALLY AT OUR PREMISES ...............(ADDRESS)... ON.....(DATE)..... . -

PARTIAL PAYMENTS WITHIN THE VALIDITY OF THIS STAND -BY LETTER OF CREDIT ARE
ACCEPTABLE, THE TOTAL AMOUNT OF IT BEING IN THAT CASE REDUCED FOLLOWING
AMOUNT OF EACH REIMBURSEMENT EFFECTED.-

THIS STAND-BY LETTER OF CREDIT IS SUBJET TO UCP 2007 REVISION, ICC PUBLICATION
NBR.600.-

THIS MESSAGE IS THE ONLY OPERATIVE INSTRUMENT FOR THE PRESENT STAND-BY
LETTER OF CREDIT AND NO MAIL CONFIRMATION WILL FOLLOW. -