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11/26/2010

Red clause credit letter

Dear Mr. Arnold, This is in accordance to the request of our costumer, Star Wood Mill, we under the financial support of Andhra Bank, Ramanthapur, hereby establish a Red Clause Letter of Credit, in the favor of Star Wood Mill in the total amount of 15,00,000 IND Rupees. Drawing must be presented at Andhra Bank, Ramanthapur on or before the expiry date of this Letter of Credit i.e. Nov. 04. 2010. We honor your requirements and expect that you follow the terms and Conditions of our company and deliver our requirement as per the deal between us. Thank You, John

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