Official Statement Airport Commission City and County of San ...
Official Statement Airport Commission City and County of San ...
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 C<br />
TO<br />
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION<br />
INTEREST DRAWING CERTIFICATE<br />
LETTER OF CREDIT<br />
NO. CPCS-777577<br />
The undersigned individual, a duly authorized representative <strong>of</strong> __________________<br />
(the “Beneficiary”), hereby certifies on behalf <strong>of</strong> the Beneficiary as follows with respect to<br />
(i) that certain Irrevocable Transferable Letter <strong>of</strong> Credit No. CPCS-777577 dated February 10,<br />
2010 (the “Letter <strong>of</strong> Credit”), issued by JPMorgan Chase Bank, National Association (the<br />
“Bank”) in favor <strong>of</strong> the Beneficiary; (ii) those certain Bonds (as defined in the Letter <strong>of</strong> Credit);<br />
<strong>and</strong> (iii) that certain Resolution (as defined in the Letter <strong>of</strong> Credit):<br />
1. The Beneficiary is the Trustee (as defined in the Letter <strong>of</strong> Credit) under the<br />
Resolution.<br />
2. The Beneficiary is entitled to make this Drawing in the amount <strong>of</strong> $_____________<br />
under the Letter <strong>of</strong> Credit pursuant to the Resolution with respect to the payment <strong>of</strong> interest due<br />
on all Bonds Outst<strong>and</strong>ing on the Interest Payment Date (as defined in the Resolution) occurring<br />
on [insert applicable date], other than Credit Provider Bonds (as defined in the Resolution)].<br />
3. The amount <strong>of</strong> the drawing is equal to the amount required to be drawn by the<br />
Trustee pursuant to Section 30-65.18(a) <strong>of</strong> the Resolution.<br />
4. The amount <strong>of</strong> the drawing made by this Certificate was computed in compliance<br />
with the terms <strong>of</strong> the Resolution <strong>and</strong>, when added to the amount <strong>of</strong> any other drawing under the<br />
Letter <strong>of</strong> Credit made simultaneously herewith, does not exceed the Available Amount (as<br />
defined in the Letter <strong>of</strong> Credit).<br />
5. Payment by the Bank pursuant to this drawing shall be made to<br />
_____________________________, ABA Number ______________, Account Number<br />
______________, Attention: ___________________________________, Re:<br />
_________________________.<br />
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