Intentionally Left in Blank. 21.4 The Parties agree that Airspan will cause to be issued in favor of Axtel, at Airspan's expense, when such Exposure Limit is exceeded, one or more irrevocable standby letters of credit or bank guarantees (together the "Bank Guarantee"), issued by Airspan's UK bank at Axtel's satisfaction, for an aggregate amount equivalent to all the amounts paid by Axtel in excess of the Exposure Limit (the "Excess Exposure Amount").
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Samples: Purchase and License Agreement (Installations & Hirings LTD), Purchase and License Agreement (Axtel Sa De Cv), Purchase and License Agreement (Installations & Hirings LTD)
Intentionally Left in Blank. 21.4 The Parties agree that Airspan will cause to be issued in favor of Axtel, at Airspan's ’s expense, when such Exposure Limit is exceeded, one or more irrevocable standby letters of credit or bank guarantees (together the "“Bank Guarantee"”), issued by Airspan's ’s UK bank at Axtel's ’s satisfaction, for an aggregate amount equivalent to all the amounts paid by Axtel in excess of the Exposure Limit (the "“Excess Exposure Amount"”).
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