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9. PaymentPayment for the Equipment is to be effected by the Buyers by opening an Irrevocable Confirmed and Divisible Letter of Credit in the bank of the Sellers for the total value of the Equipment ready for shipment. Payment out of the Letter of Credit is to be effected against presentation to the Buyers of the following documents.... All expenses and bank fees connected with the establishment of the Letter of Credit are to be for the Buyers` account.

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