Common use of Replacement of Letter of Credit Clause in Contracts

Replacement of Letter of Credit. Subtenant may, from time to time, replace any existing LOC with a new LOC if the new LOC (i) becomes effective at least thirty (30) days before expiration of the LOC that it replaces; (ii) is in the required LOC amount; (iii) is issued by a bank acceptable to Sublandlord; and (iv) otherwise complies with the requirements of this Paragraph 5.

Replacement of Letter of Credit. Subtenant Tenant may, from time to time, replace any existing LOC with a new LOC if the new LOC (ia) becomes effective at least thirty (30) days before expiration of the LOC that it replaces; , (iib) is in the required LOC amount; (iiic) is issued by a an LOC bank acceptable to SublandlordLandlord; and (ivd) otherwise complies with the requirements of this the Paragraph 5.5(b)

Replacement of Letter of Credit. Subtenant Sublessee may, from time to time, replace any existing LOC with a new LOC if the new LOC (i) becomes effective at least thirty (30) days before expiration of the LOC that it replaces; (ii) is in the required LOC amount; (iii) is issued by a an LOC bank reasonably acceptable to SublandlordSublessor; and (iv) otherwise complies with the requirements of this Paragraph 56.

Replacement of Letter of Credit. Subtenant Tenant may, from time to time, replace any existing LOC with a new LOC if the new LOC (ia) becomes effective at least thirty (30) days before expiration of the LOC LOC, that it replaces; (iib) is in the required LOC amount; (iiic) is issued by a an LOC bank acceptable to SublandlordLandlord; and (ivd) otherwise complies with the requirements of this Paragraph 5.A.

Replacement of Letter of Credit. Subtenant Tenant may, from time to time, replace any existing LOC with a new LOC if the new LOC (ia) becomes effective at least thirty (30) days before expiration of the LOC that it replaces; (iib) is in the required LOC amount; (iiic) is issued by a an LOC bank acceptable to SublandlordLandlord; and (ivd) otherwise complies with the requirements of this Paragraph 5.6 A.

Replacement of Letter of Credit. Subtenant Tenant may, from time to time, replace any existing LOC with a new LOC if the new LOC (ia) becomes effective at least thirty (30) days before expiration of the LOC that it replaces; (iib) is in the required LOC amount; (iiic) is issued by a an LOC bank acceptable to SublandlordLandlord; and (ivd) otherwise complies with the requirements of this Paragraph 5Paragraph.

Replacement of Letter of Credit. Subtenant may, from time to time, replace any existing LOC with a new LOC if the new LOC (i) becomes effective at least thirty (30) days before expiration of the LOC that it replaces; (ii) is in the required LOC amount; (iii) is issued by a bank acceptable to Sublandlord; and (iv) otherwise complies with the requirements of this Paragraph 5.

Replacement of Letter of Credit. Subtenant Tenant may, from time to time, replace any existing LOC with a new LOC if the new LOC (ia) becomes effective at least thirty (30) days before expiration of the LOC that it replaces; (iib) is in the required LOC amount; (iiic) is issued by a an LOC bank acceptable to SublandlordLandlord; and (ivd) otherwise complies with the requirements of this Paragraph 57 of this First Amendment.

Replacement of Letter of Credit. Subtenant Tenant may, from time to time, replace any existing LOC with a new LOC if the new LOC (ia) becomes effective at least thirty (30) days before expiration of the LOC that it replaces; , (iib) is in the required LOC amount; (iiic) is issued by a an LOC bank acceptable to SublandlordLandlord; and (ivd) otherwise complies with the requirements of this the Paragraph 5.