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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The Bank <strong>of</strong> New York Trust Company, N.A.<br />
700 South Flower Street, Suite 500<br />
Los Angeles, California 90017<br />
Attention: Corporate Trust Department<br />
Ladies <strong>and</strong> Gentlemen:<br />
EXHIBIT L<br />
TO<br />
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION<br />
NOTICE OF REDUCTION AMENDMENT<br />
LETTER OF CREDIT<br />
NO. CPCS-777577<br />
[Date]<br />
Reference is hereby made to that certain Irrevocable Transferable Letter <strong>of</strong> Credit No. CPCS-<br />
777577 dated ___________, 20__ (the “Letter <strong>of</strong> Credit”), established by us in your favor as<br />
Beneficiary. We hereby notify you that, in accordance with the terms <strong>of</strong> the Letter <strong>of</strong> Credit <strong>and</strong><br />
that certain Reimbursement Agreement dated as <strong>of</strong> February 1, 2010, between the <strong>Airport</strong><br />
<strong>Commission</strong> <strong>of</strong> the <strong>City</strong> <strong>and</strong> <strong>County</strong> <strong>of</strong> <strong>San</strong> Francisco <strong>and</strong> us, the Available Amount (as defined<br />
in the Letter <strong>of</strong> Credit) has been reduced to U.S. $_______________, <strong>of</strong> which U.S.<br />
$_______________ is attributable to principal <strong>and</strong> U.S. $_______________ is attributable to<br />
interest.<br />
This letter should be attached to the Letter <strong>of</strong> Credit <strong>and</strong> made a part there<strong>of</strong>.<br />
Page 25 <strong>of</strong> 25<br />
JPMorgan Chase Bank, National<br />
Association<br />
By: ______________________________<br />
Name:<br />
Title:
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