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2% PERFORMANCE BOND TO BUYER`S BANK. 7. WITHIN 10 (TEN) DAYS AFTER 2% PERFORMANCE BOND IS OPENED BY SELLER`S BANK, BUYER`S BANK OPENS AUTOMATICALLY RENEWABLE DLC TO SELLER`S BANK. 8. WITHIN 20 (TWENTY) DAYS AFTER OPENING THE BANK GUARANTEES, SELLER PREPARES THE SHIPMENT AND ARRANGES VESSEL`S LOADING AT BONNY TERMINALS, NIGERIA, WITH TWO MILLION BARRELS OF BONNY LIGHT CRUDE OIL AT SELLER`S EXPENS
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