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求一句翻译,英翻中的The company A shall open, in favor of company B, t

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求一句翻译,英翻中的
The company A shall open, in favor of company B, the irrevocable Letter of Credit (L/C) drawn at sight upon shipment of the Equipment covering 100% of the Contract Price.
the irrevocable Letter of Credit (L/C) drawn at sight 不是指不可撤销的即期信用证吗……
upon shipment of the Equipment covering 100% of the Contract Price这句是不是指包含100%合同价款的装运设备?
求一句翻译,英翻中的The company A shall open, in favor of company B, t
A公司应开,以B公司为受款人的不可撤销信用证,当100%合同金额的设备运输的时候,凭即期汇票支付.