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16:44 Mar 6, 2007
English to French translations [PRO] Bus/Financial - Other
English term or phrase:drawn (ici)
Prices, Payment & Taxes. XX will sell or license the Products to Customer at the prices stated in Appendix A. Payments shall be made in US dollars by an irrevocable letter of credit in favor of XX and drawn on a major institutional bank (the “LOC”), subject to XX’ approval in its own discretion. The LOC must be received by XX no later than seven (7) days prior to the scheduled shipment date of the Products on drafts payable at sight for full invoice value after sixty (60) days or less have passed since the date drawn by the bank.