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IRREVOCABLE LETTER OF CREDIT

Letter of Credit

IRREVOCABLE LETTER OF CREDIT | Document Parties: TRM CORP | TRM ATM Corporation | US Bank National Association You are currently viewing:
This Letter of Credit involves

TRM CORP | TRM ATM Corporation | US Bank National Association

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Title: IRREVOCABLE LETTER OF CREDIT
Date: 11/14/2008
Industry: Business Services     Sector: Services

IRREVOCABLE LETTER OF CREDIT, Parties: trm corp , trm atm corporation , us bank national association
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Exhibit 10.10

TRADE SERVICES DIVISION, NORTHERN CALIFORNIA
ONE FRONT STREET, 21
ST FLOOR
SAN FRANCISCO, CALIFORNIA 94111
Contact Phone: 1(800) 798-2815
Email : sftrade@wellsfargo.com

IRREVOCABLE LETTER OF CREDIT

 

 

 

U.S. Bank National Association
800 Nicollet Mall
Minneapolis, MN 55402

 

Date: October 31, 2008
 
Letter of Credit No. NOS630878

Ladies and Gentlemen:

     At the request and for the account of TRM ATM Corporation, 1101 Kings Highway, Suite G100, Cherry Hill, NJ 08034, we hereby establish our irrevocable Letter of Credit in your favor in the amount of Two Million and 00/100 United States Dollars (U.S. $2,000,000.00) available with us by sight payment of your signed and dated demand(s) or SWIFT demand(s) containing the wording specified below (with instructions in brackets therein complied with):

“We, U.S. Bank National Association hereby demand USD[ Insert Amount of Drawing ] under Wells Fargo Bank, N. A. Letter of Credit No. NOS630878, which amount is due to U.S. Bank Nationa


 
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