Qualified Issuers. The Letter of Credit called for in this Agreement must be issued by companies or financial institutions having a rating of "A" or better as determined by Standard and Poor's or by Xxxxx'x Investors Service, Inc., or a net worth of at least $500,000,000, and must have an office in Chicago where the Commissioner may draw on the Letter of Credit. The Commissioner also reserves the right to order Tenant to immediately close some or all of the Leased Space until the Letter of Credit is in place and effective.
Appears in 3 contracts
Samples: Lease and License Agreement, Retail Concession Lease and License Agreement, Retail Concession Lease and License Agreement
Qualified Issuers. The Letter of Credit called for in this Agreement must be issued by companies or financial institutions having a rating of "“A" ” or better as determined by Standard and Poor's ’s or by Xxxxx'x Xxxxx’x Investors Service, Inc., or a net worth of at least $500,000,000, and must have an office in Chicago where the Commissioner may draw on the Letter of Credit. The Commissioner also reserves the right to order Tenant to immediately close some or all of the Leased Space until the Letter of Credit is in place and effective.
Appears in 2 contracts
Samples: Concession Lease and License Agreement, Retail Concession Lease and License Agreement
Qualified Issuers. The Letter of Credit called for in this Agreement must be issued by companies or financial institutions having a rating of "A" or better as determined by Standard and Poor's or by Xxxxx'x Investors Service, Inc., or a net worth of at least $500,000,000, and must have an office in Chicago where the Commissioner may draw on the Letter of Credit. The Commissioner also reserves the right to order Tenant Licensee to immediately close some or all of the Leased Licensed Space until the Letter of Credit is in place and effective.
Appears in 1 contract
Samples: Concession License Agreement
Qualified Issuers. The Letter of Credit called for in this Agreement must be issued by companies or financial institutions having a rating of "A" or better as determined by Standard and Poor's or by Xxxxx'x Investors Service, Inc., or a net worth of at least $500,000,000, and must have an office in Chicago where the Commissioner may draw on the Letter of Credit. The Commissioner also reserves the right to order Tenant Airport Network to immediately close some or all of the Leased Space Airport Network’s operations until the Letter of Credit is in place and effective.
Appears in 1 contract
