Replacement of Letter of Credit. Tenant may, from time to time, replace any existing LOC with a new LOC if the new LOC (a) becomes effective at least thirty (30) days before expiration of the LOC that it replaces, (b) is in the required LOC amount; (c) is issued by an LOC bank acceptable to Landlord; and (d) otherwise complies with the requirements of the Paragraph 5(b)
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Samples: Work Letter Agreement (Xacct Technologies 1997 LTD), Letter Agreement (Xacct Technologies 1997 LTD)
Replacement of Letter of Credit. Tenant may, from time to time, replace any existing LOC with a new LOC if the new LOC (a) becomes effective at least thirty (30) days before expiration of the LOC LOC, that it replaces, ; (b) is in the required LOC amount; (c) is issued by an LOC bank acceptable to Landlord; and (d) otherwise complies with the requirements of the this Paragraph 5(b)A.
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Replacement of Letter of Credit. Tenant may, from time to time, replace any existing LOC with a new LOC if the new LOC (a) becomes effective at least thirty (30) days before expiration of the LOC that it replaces, ; (b) is in the required LOC amount; (c) is issued by an LOC bank acceptable to Landlord; and (d) otherwise complies with the requirements of the this Paragraph 5(b)6 A.
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Samples: Expansion Agreement (Extricity Inc)
Replacement of Letter of Credit. Tenant Subtenant may, from time to time, replace any existing LOC with a new LOC if the new LOC (ai) becomes effective at least thirty (30) days before expiration of the LOC that it replaces, ; (bii) is in the required LOC amount; (ciii) is issued by an LOC a bank acceptable to LandlordSublandlord; and (div) otherwise complies with the requirements of the this Paragraph 5(b)5.
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Samples: Sublease Agreement (Divx Inc)
Replacement of Letter of Credit. Tenant may, from time to time, replace any existing LOC with a new LOC if the new LOC (a) becomes effective at least thirty (30) days before expiration of the LOC that it replaces, ; (b) is in the required LOC amount; (c) is issued by an LOC bank reasonably acceptable to Landlord; and (d) otherwise complies with the requirements of the Paragraph 5(b)this Paragraph.
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Samples: Lease (Multilink Technology Corp)
Replacement of Letter of Credit. Tenant Subtenant may, from time to time, replace any existing LOC with a new LOC if the new LOC (ai) becomes effective at least thirty (30) days before expiration of the LOC that it replaces, ; (bii) is in the required LOC amount; (ciii) is issued by an LOC a bank acceptable to LandlordSublandlord; and (div) otherwise complies with the requirements of the this Paragraph 5(b)5.
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Samples: Sublease Agreement (Mp3 Com Inc)
Replacement of Letter of Credit. Tenant Sublessee may, from time to time, replace any existing LOC with a new LOC if the new LOC (ai) becomes effective at least thirty (30) days before expiration of the LOC that it replaces, ; (bii) is in the required LOC amount; (ciii) is issued by an LOC bank reasonably acceptable to LandlordSublessor; and (div) otherwise complies with the requirements of the this Paragraph 5(b)6.
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Replacement of Letter of Credit. Tenant may, from time to time, replace any existing LOC with a new LOC if the new LOC (a) becomes effective at least thirty (30) days before expiration of the LOC that it replaces, ; (b) is in the required LOC amount; (c) is issued by an LOC bank acceptable to Landlord; and (d) otherwise complies with the requirements of the Paragraph 5(b)this Paragraph.
Appears in 1 contract
Samples: Letter Agreement (Organic Inc)
Replacement of Letter of Credit. Tenant may, from time to time, replace any existing LOC with a new LOC if the new LOC (a) becomes effective at least thirty (30) days before expiration of the LOC that it replaces, ; (b) is in the required LOC amount; (c) is issued by an LOC bank acceptable to Landlord; and (d) otherwise complies with the requirements of the this Paragraph 5(b)7 of this First Amendment.
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