Common use of Restoration of Letter of Credit Clause in Contracts

Restoration of Letter of Credit. If Sub-Sublandlord draws upon the Letter of Credit as provided above, Sub-Subtenant shall, in each instance, within ten (10) days after its receipt of written demand therefore, either (x) deposit cash with Sub-Sublandlord in an amount that, when added to the amount remaining under the Letter of Credit and the amount of any Security Deposit (as defined in Section 4.6.5 below), shall equal the Letter of Credit amount required under this Section 4.6, or (y) deliver written documentation issued by Issuer confirming that the Letter of Credit has been reinstated to the amount required under this Section 4.6. If Sub-Subtenant so reinstates the Letter of Credit, Sub-Sublandlord shall promptly return to Sub-Subtenant any unused Draw Proceeds.

Restoration of Letter of Credit. If Sub-Sublandlord draws upon the Letter of Credit as provided above, Sub-Subtenant shall, in each instance, within ten (10) days after its receipt of written demand therefore, either (x) deposit cash with Sub-Sublandlord in an amount that, when added to the amount remaining under the Letter of Credit and the amount of any Security Deposit (as defined in Section 4.6.5 below), shall equal the Letter of Credit amount required under this Section 4.6, or (y) deliver written documentation issued by Issuer confirming that the Letter of Credit has been reinstated to the amount required under this Section 4.6. If Sub-Subtenant so reinstates the Letter of Credit, Sub-Sublandlord shall promptly return to Sub-Subtenant any unused Draw Proceeds.

Restoration of Letter of Credit. If Sub-Sublandlord draws upon the Letter of Credit as provided above, Sub-Subtenant shall, in each instance, within ten (10) days after its receipt of written demand therefore, either (x) deposit cash with Sub-Sublandlord in an amount that, when added to the amount remaining under the Letter of Credit and the amount of any Security Deposit (as defined in Section 4.6.5 7(e)5 below), shall equal the Letter of Credit amount required under this Section 4.67(e)3, or (y) deliver written documentation issued by Issuer confirming that the Letter of Credit has been reinstated to the amount required under this Section 4.67(e). If Sub-Subtenant so reinstates the Letter of Credit, Sub-Sublandlord shall promptly return to Sub-Subtenant any unused Draw Proceeds.