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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 K<br />

TO<br />

JPMORGAN CHASE BANK, NATIONAL ASSOCIATION<br />

NOTICE OF REMARKETING<br />

LETTER OF CREDIT<br />

NO. CPCS-777577<br />

The undersigned, a duly authorized <strong>of</strong>ficer <strong>of</strong> _________________________ [insert<br />

name <strong>of</strong> Trustee] (the “Trustee”), hereby notifies JPMorgan Chase Bank, National Association<br />

(the “Bank”), with reference to Letter <strong>of</strong> Credit No. CPCS-777577 (the “Letter <strong>of</strong> Credit”; terms<br />

defined therein <strong>and</strong> not otherwise defined herein shall have the meanings set forth in the Letter<br />

<strong>of</strong> Credit) issued by the Bank in favor <strong>of</strong> the Trustee as follows:<br />

1. _________________________ is the Remarketing Agent under the Resolution for<br />

the holders <strong>of</strong> the Bonds.<br />

2. The Trustee has been advised by the Applicant or the Remarketing Agent that the<br />

amount <strong>of</strong> $________________ paid to the Bank today by the Applicant or the Remarketing<br />

Agent on behalf <strong>of</strong> the Applicant is a payment made to reimburse the Bank, pursuant to the<br />

Reimbursement Agreement, for amounts drawn under the Letter <strong>of</strong> Credit pursuant to a Liquidity<br />

Drawing.<br />

3. Of the amount referred to in paragraph 2, $_______________ represents the<br />

aggregate principal amount <strong>of</strong> Credit Provider Bonds resold or to be resold on behalf <strong>of</strong> the<br />

Applicant.<br />

4. Of the amount referred to in paragraph 2, $____________ represents accrued <strong>and</strong><br />

unpaid interest on such Credit Provider Bonds.<br />

Page 23 <strong>of</strong> 25

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