6.1. 15% (fifteen percent) of the Contract Price of clause 4 is paid as down payment by T/T.
6.2. 70% (seventy percent) of the Contract Price of clause 4 is paid by an Irrevocable Letter of Credit in favor of the Seller opened by the Buyer.
6.3. 10% (ten percent) of the Contract Price of clause 4 is paid by T/T.
6.4. 5% (five percent) of the Contract Price of clause 4 is paid by T/T.
6.5. The detailed terms of payment for the Contract are specified in the terms and conditions of the Contract and related Attachments.