Common use of Intentionally Left in Blank Clause in Contracts

Intentionally Left in Blank. 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").

Intentionally Left in Blank. 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"”).