受益人

Credit available with any bank of china by negotiation of the beneficiary's draft induplicate drawn at sight on ourselves marked drawn under L/C no 107609010020 dated 15/01/2009 without recourse for 100 percent CFR invoice value of shipment.

信用证凭受益人一式两份以我行为受票人的即期汇票于中国任一银行议付，汇票标明按2009年1月15日第107609010020号信用证出具，无追索权，金额按装运货物的100%CFR发票价格。

The Buyer shall open, With a bank to be accepted by both the Buyer and the Seller, an irrevocable,intransferable and indivisible Letter of Credit at sight, allowing partial shipments and transshipment, in favor of the seller and negotiable against first presentation of the shipping documents to the Bank of China in China.

付款条件：买方应通过买卖双方同意的银行，开立以卖方为受益人的、不可撤销的、不可转让和不可分割的、允许分批装运和转船的即期信用证。该信用证凭装运单据在中国的中国银行见单议付。

Payment terms is L/C The Buyer should apply with the Holland bank for the Negotiable, Irrepealable, Restricted L/C payment by documents presented, Seller to be the Benificiary and Construction bank of China Hangzhou branch to be the Paying bank .

采用信用证：买方收到卖方交货通知[详见本合同条款11]，应在交货日前15～20天，由荷兰银行开出以卖方为受益人的与装运全金额相同的可转让的附单据的不可撤销的限制性议付信用证，议付行为中国建设银行杭州支行。

The keeper or serviceman as prescribed in Article 93 of the General Principles of the Civil Law may require the beneficiary to repay necessary fees, including the fees outlaid directly in the management or service activities and the actual loss suffered in such activities.

民法通则第九十三条规定的管理人或者服务人可以要求受益人偿付的必要费用，包括在管理或者服务活动中直接支出的费用，以及在该活动中受到的实际损失。

The author points out: trust property can be classified into trust propertyⅠand trust propertyⅡ, the front means property which is prerequirement of trust creation, and the latter means property which is in course of trust management; Property has classification of positive property and negative property, the protection mechanism of trust propertyⅠcan and do be prerequirement of positive property.

本章认为，信托财产可以划分为信托财产Ⅰ和信托财产Ⅱ，前者指信托设立要件意义上的信托财产，后者指信托管理过程中的信托财产。财产客观上存在积极财产和消极财产之分，作为信托财产Ⅰ，其提供给受益人的保障可以是而且应该是财产积极性的要求。

Our usual te rms of paym en t a re by confirm ed , irrevocab le letter of credit in our favor , payable by dr aft at sigh t , r eachi ng u s one mon t h ahead of t he stipula ted tim e of sh ipm en t , re mai ning valid for negotiation in China for a furt her 21 days afte r date of tr ans por t documents and allowing t ranss hipmen t and par tial shipm en t .

我们通常的付款方式是凭以我方为受益人的保兑的，可撤销的信用证见票即付，该不证需在合同规定的装运期前一个月到达我方，并在运输单据出单日后 21 天内在中国议付，允许转船和分批装运。

This is without prejudice to the right of the first beneficiary in accordance with subarticle 38.

本条款并不损害第一受益人在第三十八条款下的权利。

This is without prejudice to the right of the first beneficiary in accordance wit h subarticle 38.

该规定并不得损害第一受益人在第三十八条 h 款下的权利。

CHINA BENEFICIARY: GUANGZHOU SHARMICO TRADING CO LTD ACCOUNT NUMBER: OSA 11007495403401 SHENZHEN DEVELOPMENT BANK CO LTD SWIFT BIC: SZDBCNBS IS NOMINATED AS TRANSFERRER BANK THE ARTICLES 41 OF UCP500 IS NOT AVAILABLE PARTIAL SHIPMENTS ALLOWED ONLY PER FULL CONTAINERS EACH ITEM MUST HAVE HANG TAG OR LABEL WITH BARCODE NUMBER, ITEM TYPE, IMPORTATO DA GRANDE

中国受益人：广州SHARMICO 贸易的有限公司CO 帐号： OSA 11007495403401 深圳开发银行有限公司CO 快速BIC： SZDBCNBS 被提名当文章41 UCP500 不是可利用的部份发货允许只每充分的容器各个项目必须有吊标记或标签以BARCODE 数字的发件人银行，项目类型， IMPORTATO DA GRANDE

With respect to the Second beneficiary who rejected the amendment, the Credit will remain unamended.

对拒绝接受修改的第二受益人而言，该信用证视作未被修改。

The split between the two groups can hardly be papered over.

这两个团体间的分歧难以掩饰。

This approach not only encourages a greater number of responses, but minimizes the likelihood of stale groupthink.

这种做法不仅鼓励了更多的反应，而且减少跟风的可能性。