SIGHT DRAFT – SAMPLE FORM
EXHIBIT A
YOU, [NAME AND CITY OF THE FINANCIAL INSTITUTION], are directed to pay to the
order of the Commonwealth of Pennsylvania, Office of Attorney General, Bureau of
Consumer Protection
U.S. DOLLAR AMOUNT IN WORDS U.S. DOLLAR AMOUNT IN NUMBERS
Pursuant to your irrevocable letter of credit number LETTER OF CREDIT NUMBER
dated DATE OF LETTER OF CREDT regarding NAME OF HEALTH CLUB ADDRESS
(1) We, the Office of Attorney General, hereby certify that the amount of the
accompanying sight draft represents claim(s) in the form of final court judgment(s) filed
with us by buyers of Health Club contracts against NAME OF APPLICANT HEALTH
CLUB pursuant to §12 of the Health Club Act, Act of December 21, 1989, P.L. 672, 73
P.S. 2172.
(2) We, the Office of Attorney General, certify that [NAME OF FINANCIAL
INSTITUTION] has given us notice of at least ninety (90) days prior to the current
expiration date of letter of credit LETTER OF CREDIT NUMBER that NAME OF
FINANCIAL INSTITUTION elects not to extend said letter of credit for an additional
period of one (1) year; and that NAME OF APPLICANT HEALTH CLUB ADDRESS OF
letter of credit with other financial security acceptable to the Office of Attorney General
within thirty (30) days after the date of such notice.
This sight draft is drawn under NAME AND CITY OF FINANCIAL INSTITUTION Credit
Number LETTER OF CREDIT NUMBER dated ISSUE DATE and is accompanied by
the original letter for proper endorsement.
This dollar amount draw is a _____FULL_____PARTIAL draw on the total letter of credit
amount of TOTAL AMOUNT OF LETTER OF CREDIT.
Authorized Signature
Bureau of Consumer Protection
Sworn to and subscribed before
this day of
, 200
Notary Public