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DOCUMENT TITLE:  LETTER OF CREDIT AGREEMENT .
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Clause Heading
(a) - Generally.
(b) - Application.
(c) - Form.
(d) - Payment of Drafts.
(e) - Special Deposit Account.
2.2 - Conditions Precedent to Each Letter of Credit.
2.3 - Evidence of Debt.
3.1 - Guaranty.
3.2 - Nature.
3.3 - Waiver of Accommodation Party Defenses.
3.4 - Waiver of Insurance Subsidiary Defenses.
3.5 - Recourse to Insurance Subsidiary.
3.6 - Application of Payments.
3.7 - Continuing Guaranty.
(a) - Commission.
(b) - Additional Fees.
4.2 - Expenses.
5.1 - Default Rate.
5.2 - Capital Adequacy; Indemnity.
(a) - Capital Adequacy.
5.3 - Mitigation of Yield Protection.
(b) - Interest Payments.
(c) - Principal Payment.
6.2 - Prepayments.
6.3 - Termination or Reduction of the Commitment.
6.4 - Judgment Currency.
7 - CONDITIONS PRECEDENT
8 - REPRESENTATIONS AND WARRANTIES
9 - COVENANTS.
9.1 - Financial Information
(a) - Annual Financial Statements.
6.4 - Taxes.
(b) - Interim Financial Statements.
(c) - Compliance Certificate.
(d) - Notices.
(e) - Additional Information.
9.2 - Covenants
(a) - Negative Pledge.
(b) - Taxes.
(c) - Insurance.
(d) - Merger.
(e) - Maintenance of Properties.
(f) - Books and Records.
(g) - Compliance with Laws.
(h) - Preservation of Rights.
(i) - Inspection.
(j) - Use of Proceeds.
(k) - Foreign Assets Control.
(l) - Ratio of EBITDA to Interest.
10.1 - Default
10.2 - Remedies.
10.3 - Setoff
10.4 - Pledge of Special Deposit Account.
11 - MISCELLANEOUS.
11.2 - GAAP.
11.3 - No Waiver; Cumulative Remedies.
11.4 - Amendments, Etc.
11.5 - Binding Effect:
11.6 - New York Law.
11.7 - Severability of Provisions.
11.8 - Integration.
11.9 - Notice.
11.10 - Indemnification by the Borrower.
11.11 - Customer Identification - USA Patriot Act Notice.
11.12 - Execution in Counterparts.
11.13 - Waiver of Jury Trial.
11.14 - Jurisdiction.
11.16 - No Fiduciary Relationship.
2 - Authorization
3 - Organization
5 - A Telephone/Facsimile/E-Mail Indemnity Letter in the form of Exhibit D.