Solo's February 16, 2005 Settlement Payments To DSC Logistics

The full agreement (ending numerous disputes) is here -- a salient bit, below:
...Payment Terms:
A. Within 24 hours after execution of this Settlement Agreement by both parties, Solo Cup will pay DSC $3,150,000 by wire transfer and provide DSC with an irrevocable unconditional letter of credit in the total amount of $8,600,000 (“Letter of Credit”), a copy of which is attached hereto as Attachment 3, from a bank with whom Solo Cup has an existing relationship, to secure Solo Cup’s additional payments to DSC and payable by wire transfer in accordance with the following schedule:

• March 15, 2005 – $2.15 million

• April 15, 2005 – $2.15 million

• May 16, 2005 – $2.15 million

• June 15, 2005 – $2.15 million....