Letter of Credit; Alternate Credit Facility. (a) On or before the Issue Date, the Company shall cause to be delivered to the Trustee the Initial Letter of Credit. The Company may at any time and from time to time, but shall not be required to, deliver a Substitute Letter of Credit to the Trustee in substitution for the Existing Letter of Credit.
Appears in 2 contracts
Samples: Lease Agreement (Hyco International, Inc.), Lease Agreement (Ocean Bio Chem Inc)
Letter of Credit; Alternate Credit Facility. (a) On or before the Issue Date, the Company shall cause to be delivered to the Trustee the Initial Letter of Credit. The Company may at any time and from time to time, but shall not be required to, deliver a Substitute Letter of Credit to the Trustee in substitution for the Existing Letter of Credit.,
Appears in 1 contract
Letter of Credit; Alternate Credit Facility. (a) On or before the Issue Date, the Company shall cause to be delivered to the Trustee the Initial Letter of Credit. The Company may at any time and from time to time, but shall not be required to, deliver a Substitute Letter of Credit to the Trustee in substitution for the Existing Letter of Credit.
Appears in 1 contract
Samples: Loan Agreement (Simcala Inc)
