Model Agreement for Letter of Credit in Place of Security Deposit (Lender-Controlled) [2001]. This agreement introduces a lot of complexity. The parties might prefer to handle by (a) having the L/C reissued to the lender or (b) creating yet another nonrecourse carveout to deal with the L/C risks.
  • Home
    • Join Mailing List
    • Send Article
    • Contact Us
    • Reprint Information
    • View Full Screen
  • Home
  • Join Mailing List
  • Send Article
  • Contact Us
  • Reprint Information
  • View Full Screen