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Althoug the L/C issuing has paid the L/C amount continuously from the first shipment document to the ninth shipment document to the beneficiary who failed to meet the requirement of shipment date of the L/C, it bear no responsibility to pay the L/C money to the beneficially whose tenth shipment document also failed to meet the same conditions of the L/C.(Seoul Central District Court, May 2, 2008.) |