Common Contracts
1 similar Letter of Credit Agreement contracts
500,000,000 LETTER OF CREDIT AGREEMENTLetter of Credit Agreement • November 3rd, 2009
This LETTER OF CREDIT AGREEMENT (“Agreement”) is entered into as of [ ], 2009, among CIT GROUP INC., a Delaware Corporation (the “Company”), a debtor and debtor-in-possession in a case pending under Chapter 11 of the Bankruptcy Code, and certain Subsidiaries of the Company party hereto either pursuant to Section 2.08 (each a “Designated Borrower” and, together with the Company, the “Borrowers” and, each a “Borrower”), or which are Subsidiary Guarantors (as defined below), each lender from time to time party hereto (collectively, the “Lenders” and individually, a “Lender”), and BANK OF AMERICA, N.A., as Administrative Agent and L/C Issuer.
