6.2 Payment of the contract price
6.2.1 The advance payment of this contract is 240,000,000 baht,
being 10% of the contract price. Within 45 days after signing of this contract, the second party should supply the equivalent standby letter of credit (or equivalent USD) tothe first party (the second party should do it as early as possible) .The standby letter of credit is valid for 26 months. The first party should carry out financing from the bank and bear the financing cost and repayment liability. The abovementioned amount must be endorsed to the endorsed to the second party's bank account by the first party in the form of cash cheque with the both parties face-to-face;