In Consideration of your having consented to the aforesaid alteration(s), the appliant uncoditionally promises and agrees to accept upon presentation relative documents made out or all drafts drawn under the terms of credit as amended, to pay drafts on maturity without fail, and to assume all the responsibilities as pledged in the original application. The applicant hereby undertakes the payment with the amount of the Letter of Credit inclusive of all expenses incurred in this connection.

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