Bond LCs. SECTION 1.1.1 Bond LCs shall not be issued in respect of any obligation other than the Bonds.
Surety Bonds No Trustee, officer, employee or agent of the Trust shall, as such, be obligated to give any bond or surety or other security for the performance of any of his duties, unless required by applicable law or regulation, or unless the Trustees shall otherwise determine in any particular case.
Letters of Credit (a) The Letter of Credit Commitment.