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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 IL1-2036<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 />

EXHIBIT D<br />

TO<br />

JPMORGAN CHASE BANK, NATIONAL ASSOCIATION<br />

REDEMPTION 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<br />

follows with respect to (i) that certain Irrevocable Transferable Letter <strong>of</strong> Credit<br />

No. CPCS-777577 dated February 10, 2010 (the “Letter <strong>of</strong> Credit”), issued by JPMorgan Chase<br />

Bank, National Association (the “Bank”) in favor <strong>of</strong> the Beneficiary; (ii) those certain Bonds (as<br />

defined in the Letter <strong>of</strong> Credit); <strong>and</strong> (iii) that certain Resolution (as defined in the Letter <strong>of</strong><br />

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 Section 30-65.16(a) <strong>and</strong> Section 30-65.16(b)(ii) * <strong>of</strong> the<br />

Resolution.<br />

3. (a) The amount <strong>of</strong> this drawing is equal to (i) the principal amount <strong>of</strong> Bonds to be<br />

redeemed by the Applicant (as defined in the Letter <strong>of</strong> Credit) pursuant to Section 30-65.16(a)<br />

<strong>and</strong> Section 30-65.16(b)(ii)* <strong>of</strong> the Resolution on [insert applicable date] (the “Redemption<br />

Date”) other than Credit Provider Bonds (as defined in the Resolution), plus (ii) interest on such<br />

Bonds accrued from the immediately preceding Interest Payment Date (as defined in the<br />

Resolution) to the Redemption Date, provided that in the event the Redemption Date coincides<br />

with an Interest Payment Date this drawing does not include any accrued interest on such Bonds.<br />

(b) Of the amount stated in paragraph 2 above:<br />

* Insert appropriate subsection.<br />

Page 9 <strong>of</strong> 25

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