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Official Statement Airport Commission City and County of San ...

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JPMorgan Chase Bank, National Association<br />

300 South Riverside Plaza<br />

Mail Code IL1-0236<br />

Chicago, Illinois 60606-0236<br />

Facsimile Number: (312) 954-6163<br />

Alternate Facsimile Number: (312) 954-3140<br />

Attention: St<strong>and</strong>by Letter <strong>of</strong> Credit Unit<br />

Ladies <strong>and</strong> Gentlemen:<br />

EXHIBIT B<br />

TO<br />

JPMORGAN CHASE BANK, NATIONAL ASSOCIATION<br />

LETTER OF CREDIT<br />

NOTICE OF TERMINATION<br />

NO. CPCS-777577<br />

[Date]<br />

Reference is hereby made to that certain Irrevocable Transferable Letter <strong>of</strong> Credit<br />

No. CPCS-777577 dated February 10, 2010 (the “Letter <strong>of</strong> Credit”), which has been established<br />

by you for the account <strong>of</strong> the <strong>Airport</strong> <strong>Commission</strong> <strong>of</strong> the <strong>City</strong> <strong>and</strong> <strong>County</strong> <strong>of</strong> <strong>San</strong> Francisco in<br />

favor <strong>of</strong> the Trustee.<br />

The undersigned hereby certifies <strong>and</strong> confirms that [(i) no Bonds (as defined in the<br />

Letter <strong>of</strong> Credit) remain Outst<strong>and</strong>ing within the meaning <strong>of</strong> the Resolution, (ii) all<br />

Drawings required to be made under the Resolution <strong>and</strong> available under the Letter <strong>of</strong><br />

Credit have been made <strong>and</strong> honored, or (iii) an Alternate Credit Facility (as defined in the<br />

Resolution) has been issued to replace the Letter <strong>of</strong> Credit pursuant to the Resolution] <strong>and</strong>,<br />

accordingly, the Letter <strong>of</strong> Credit shall be terminated in accordance with its terms.<br />

All defined terms used herein which are not otherwise defined shall have the same<br />

meaning as in the Letter <strong>of</strong> Credit.<br />

_____________________________, as Trustee<br />

Page 6 <strong>of</strong> 25<br />

By ___________________________________<br />

[Title <strong>of</strong> Authorized Representative]

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