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Installment Shipment [Last Updated by: shahriar on 2012-01-01]
Installment shipment means shipping an order in different batches and on different periods stipulated in the letter of credit (L/C). In case of shipments by installment within given periods are stipulated in the L/C, failure to ship any installment within the period allowed will render the L/C unavailable or inoperative for that installment and any subsequent installments, unless the L/C stipulates otherwise.

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