Common Contracts
2 similar Irrevocable Standby Letter of Credit contracts by Phoenix Footwear Group Inc
EX-10.9 11 dex109.htm FORM OF IRREVOCABLE STANDBY LETTER OF CREDIT EXHIBIT I FORM OF IRREVOCABLE STANDBY LETTER OF CREDIT NO. ISSUER: [Insert Name of Issuing Bank] ISSUE DATE: __ ____, 200_Irrevocable Standby Letter of Credit • May 5th, 2020
BENEFICIARY: TACTICAL HOLDINGS, INC. A DELAWARE CORPORATION, UNDER THE STOCK PURCHASE AGREEMENT DATED DECEMBER 29, 2007 BETWEEN PHOENIX FOOTWEAR GROUP, INC., AS SELLER AND TACTICAL HOLDINGS, INC., AS BUYER
EXHIBIT I FORM OF IRREVOCABLE STANDBY LETTER OF CREDIT NO.Irrevocable Standby Letter of Credit • January 4th, 2008 • Phoenix Footwear Group Inc • Footwear, (no rubber)
[insert name of issuing bank] (the “Issuer”) hereby issues this Irrevocable Standby Letter of Credit (the “Credit”) for the account of Phoenix Footwear Group, Inc. (the “Applicant”) in favor of Tactical Holdings, Inc. (the “Beneficiary”) under the Stock Purchase Agreement dated December 29, 2007 between Applicant and Beneficiary (the “Stock Purchase Agreement”).
