in accordance with the provisions of article 16 c III b of ucp 600,if we give notice of refusal of documents presented under this credit we shall however retain the right to accept a waiver of discrepancies from the applicant and, subject to such waiver
being acceptable to us ,to release documents against that waiver without reference to the presenter provided that no written instructions to the contrary have been received by us from the presenter before the release of the documents. any such release prior to receipt of contrary instructions shall not constitute a failure on our part to hold the documents at the presenter is risk and disposal and we will have no liability to the presenter in respeter in respect of any such release