Issuance of Letter of Credit. The Bank agrees, on the terms, subject to the conditions and relying on the representations and warranties hereinafter set forth, to issue the Letter of Credit (substantially in the form of Exhibit A hereto) to the Issuing and Paying Agent for the account of the City in the manner provided above. The Letter of Credit shall expire on the Letter of Credit Expiration Date unless earlier terminated in accordance with its terms, or unless extended in accordance with the term thereof.
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Samples: Letter of Credit and Reimbursement Agreement, Credit and Reimbursement Agreement, Credit and Reimbursement Agreement
