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154. A third-party supplier requires a notice of assignment of proceeds from the nominated bank prior to shipping the goods. This notice of assignment:a) Is an irrevocable undertaking to pay the third-party supplier.b) Authorizes the third-party supplier to perform the role of the beneficiary.c) Guarantees payment upon presentation of documents by the third-party supplier.d) Is a conditional undertaking from the nominated bank to pay the third-party supplier from proceeds, if any, payable under the credit.
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