Seller to the buyer out of the month the amount of sales of 2% Performance Bond, Buyer shall seller out of an irrevocable letter of credit (LC), the amount of the buyer ordered the buyer's total sales for the month.
When the seller issues a 2% performance bond to the buyer of the sales amount for the month, the buyer shall issue an irrevocable letter of credit (LC) to the seller in the amount of the total sales to the buyer for the month in which the buyer ordered it.
The Seller shall issue to the buyer a performance guarantee of 2% of the sales amount of the current month, and the buyer shall issue an irrevocable letter of credit (LC) to the seller in the amount of the total sales amount of the current month ordered by the buyer to the buyer.<br>