A-A+
买方因自身原因不能按合同规定的时间开立信用证 应向卖方支付罚金。罚金按每延迟开证上十天收取信
问题详情
买方因自身原因不能按合同规定的时间开立信用证，应向卖方支付罚金。罚金按每延迟开证上十天收取信用证金额的1%计算，不足十天按十天计算，但罚金 不应超过买方应开信用证金额的10%。
参考答案
A penalty clause
Should the buyer for its own sake fail to open the letter of credit on time stipulated in the contract, the buyer shall pay a penalty to the seller. The penalty shall be charged at the rate of 1% of the amount of the letter of credit every ten days' delay. Any fractional days less than ten days shall be deemed to be ten days for the calculation of penalty. However, the penalty shall not exceed 10% of the total value of the letter of credit which the buyer should have opened.
