REVOLVING VS EVERGREEN LC: ESSENTIAL DISCREPANCIES AND WHEN TO WORK WITH EACH FOR EXTENDED-EXPRESSION CONTRACTS

Main Heading SubtopicsH1: Revolving vs Evergreen LC: Essential Distinctions and When to Use Every for Long-Expression Contracts -H2: Introduction to Letters of Credit score in Lengthy-Time period Trade - Why LCs Are Used in Extended Agreements- The Position of Predictability in Source ContractsH2: What's a Revolving Letter of Credit? - Definition-