Clause 18. NON-COMPLIANCE PENALTY:
The Seller warrants to pay all charges of loss and damage incurred to the Buyer if the Seller fails to execute the loading of goods to the destination within the specified validity of the SBLCtime.
The Buyer warrants paying all charges of loss and damage incurred to the Seller in case he fails to Make the SBLCoperational as per the Payment Terms of this agreement within the Specified validity of the SBLCtime.