In accordance with the provisions of article 16 c(III)(b)of UCP600,if we give notice of refusal of doc.presented under this credit we shall however retain the right to accept a waiver of descrepancies from the applicant and,subject to such waiver being acceptable to us,to release documents against that waiver without reference to the presenter provided that no written instructions to the contray have been received by us from the presenter before the release of the documents.Any such release prior to receipt of contray instructions shall not constitute a failure on ourpart to hold the documents at the presenter'srisk and disposal ,and we will have no liability to the presenter inrespect of any such release.
