By the seller according to the Chinese People's Insurance Company of the Marine Cargo Insurance in accordance with the terms of the invoice value of all the 110% insurance and war-risk insurance, such as the buyer's risk of other or additional insurance in excess of this amount must be agreed before shipment, with the consent of the seller, the increase in the burden of insurance premium by the buyer.
The buyer should the buyer accept the shipment within 30 days before the month and served on the seller to open a spot irrevocable letters of credit, shipment within 15 days after the date of effective negotiation in China.
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