In U.S dollars, by a Documentary Bank Guarantee, of the value of three (3) months shipments, USD$ 33,150,000.00 (thirty-three million one hundred fifty thousand United States dollars and no cents), as per sample annex. The BG must be issued until December 8, 2015, forty-five (45) days before the loading date and must be valid for fourteen (14) months.
Operative Bank Guarantee to be issued by any prime bank accepted by the Seller and operable by any bank.
Buyer shall provide the collecting bank detail and shipping instruction prior to the first day of the shipment period.