In the event of our acceptance of your offer we shall open an irrevocable L/C in your favor, payable in China against shipping documents.
如果我方接受你方发盘，将开立以你方为受益人的不可撤销信用证在中国付款交单。
2
Where a bill payable after sight is accepted for honour, its maturity is calculated from the date of the noting for non-acceptance, and not from the date of the acceptance for honour.
Subject to the provisions of this Ordinance, when a bill payable after sight is negotiated, the holder must either present it for acceptance or negotiate it within a reasonable time.