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11:54 Feb 20, 2007
This question was closed without grading. Reason: Answer found elsewhere
English to French translations [PRO] Law/Patents - Law (general)
English term or phrase:out of the Letter of Credit
4.1.2 50% pro rata shipment against presentation of shipping documents or in case shipment is not possible due to reasons not attributable to SELLER - against Forwarder‘s Certificate of Receipt - out of the Letter of Credit as per Article 4.2 below; however, not later than two (2) weeks after SELLER has informed BUYER in writing about the relevant shipment