Common use of Form and Issuer Clause in Contracts

Form and Issuer. The Letter of Credit must be a clean, --------------- unconditional, stand-by, irrevocable Letter of Credit in favor of Landlord in substantially the form attached as Exhibit C, issued by a federally insured --------- national banking association located in Chicago, Illinois which is acceptable to Landlord in all respects.

Appears in 2 contracts

Sources: Lease Agreement (Coolsavings Com Inc), Lease Agreement (Coolsavings Com Inc)

Form and Issuer. The Letter of Credit must (i) be a clean, --------------- unconditional, stand-by, irrevocable Letter of Credit in favor of Landlord in a form which is acceptable to Landlord in all respects (ii) bear an effective date substantially the form attached same as Exhibit Cthe date of this Lease, and (iii) be issued by Wachovia Bank or by a federally insured --------- national banking association located in Chicago, Illinois which is reasonably acceptable to Landlord in all respects.

Appears in 1 contract

Sources: Lease Agreement (Coolsavings Inc)