IRREVOCABLE DOCUMENTARY CREDIT APPLICATION
TO : BANK OF CHINA DATES:
( ) Issue by airmail ( ) With brief advice by teletransmission( ) Issue by express delivery(x ) Issue by teletransmission (which shall be the operative instrument) Irrevocable Documentary NumberCredit Date and place of expiry: Aug 30, 2007
Applicant: SHANGHAI BAUD DATA COMMUNICATION CO., LTDNo.123, Juli Road, Pudong Zhangjiang High-Tech Park,Shanghai 201203, P.R.China
BeneficiaryLeCroy Corporation, 700Chestnut Ridge Road, Chestnut Ridge, New York 10977Tel:1-845-4252000 Fax:1-845-4258967
Advising Bank: Ref. Nr
Amount: USD50,000.00
Partial shipments( )allowed (x)not allowed) Transshipment( )allowed (x)not allowed)
Credit available with( ) by sight payment( ) by acceptance(x ) by negotiation( ) by deferred payment atagainst the documents detailed herein(x ) and beneficiary’s draft for 100 % of the invoice valueat sighton Bank of China
Loading on board / dispatch / taking in charge at / from New York AirportNot later than: Aug 20, 2007For transportation to: Shanghai Airport
( ) FOB ( )CFR (x)CIF SHANGHAI( )or other terms
Documents required: (marked with x)1.(x) 1.(x)Manually Signed Commercial Invoice in 3 copies indicating this L/C No.and Contract No. G123/07B (Photo copy and carbon copy not acceptable as original)2.( ) Full set (included original and non-negotiable copies) of clean on board “Freight ” ocean Bills of Lading made out to order and blank endorsed, marked " notifying 3.(x ) Air Waybills showing “Freight Prepaid ” and consigned to Applicant4.( )Railway Bills showing “Freight ”and consigned to5.( ) Memorandum issued by _________________consigned to __________ 6.(x) Full set (included 1 original and 1 copies) of Insurance Policy / Certificate for 110 % of the invoice value, showing claims payable in China in currency of the draft, bank endorsed, covering ( ) Ocean Marine Transportation / (x ) Air Transportation / ( ) Over Land Transportation) All Risks, War Risks. 7.(x) Weight Memo / Packing List / in 3 copies issued by Beneficiaryindicating quantity / gross and net weights of each package and packing conditions as called for by the L/C. Packed in sea worth wooden cases.8.( ) Certificate of Quantity / Weight in 2 copies issued an independent surveyor at the loading port, indicating the actual surveyed quantity / weight of shipped goods as well as the packing condition. 9.(x) Certificate of Quality in 2 copies issued by (x ) manufacturer / ( ) public recognized surveyor / ( ) 10.(x) Beneficiary’s certified copy of FAX dispatched to the accountees with 3 days after shipment advising (X) name of flight / (X) date, quantity, weight and value of shipment. 11.( ) Beneficiary’s Certificate certifying that extra copies of the documents have been dispatched according to the contract terms. 12.( ) Shipping Co’s Certificate attesting that the carrying vessel is chartered or booked by accountee or their shipping agents: 13.(x) Other documents, if any::a) Certificate of Three Years Free Warranty in China issued by Beneficiary.b) Operation instruction BookCovering: 1.(x) All banking charges outside the opening bank are for beneficiary’s account. 2. (x) Documents must be presented with 15 days after the date of issuance of the transport documents but within the validity of this credit. 3. (x ) Third party as shipper is not acceptable. Short Form / Blank Back B/L is not acceptable. 4. ( ) Both quantity and amount 10 % more or less are allowed. 5. ( ) prepaid freight drawn in excess of L/C amount is acceptable against presentation of original charges voucher issued by Shipping Co. / Air line / or it’s agent.6. (x ) All documents to be forwarded in one cover, unless otherwise stated above. 7. ( ) Other terms, if any:
Account No.: With (name of bank)
Transacted by: (Applicant: name, signatyure of authorized person)
Telephone No. (with seal)
HS CODE: