EX-99.2 8 dex992.htm NOTICE OF GUARANTEED DELIVERY Notice of Guaranteed Delivery

Exhibit 99.2

 

NOTICE OF GUARANTEED DELIVERY

FOR TENDER OF

SECOND PRIORITY SENIOR SECURED FLOATING RATE NOTES DUE 2009

OF

US LEC CORP.

 

This Notice of Guaranteed Delivery, or one substantially equivalent to this form, must be used to accept the US LEC Corp. (the “Company”) offer to exchange (the “Exchange Offer”) registered Second Priority Senior Secured Floating Rate Notes due 2009 (the “New Notes”) for any and all of its outstanding Second Priority Senior Secured Floating Rate Notes due 2009 (the “Old Notes”), made pursuant to the Prospectus, dated                     , 2004 (the “Prospectus”) and the accompanying Letter of Transmittal (the “Letter of Transmittal”), if Old Notes are not immediately available, if the Old Notes, the Letter of Transmittal or any other documents cannot be delivered to U.S. Bank National Association, as exchange agent (the “Exchange Agent”), or if the procedure for book-entry transfer cannot be completed, prior to 5:00 P.M., New York City time, on the Expiration Date of the Exchange Offer. This Notice of Guaranteed Delivery may be delivered or transmitted by facsimile transmission, mail, overnight courier or hand delivery to the Exchange Agent as set forth below. In addition, in order to utilize the guaranteed delivery procedure to tender Old Notes pursuant to the Exchange Offer, a completed, signed and dated Letter of Transmittal (or facsimile thereof) must also be received by the Exchange Agent within five business days after the Expiration Date. Capitalized terms not defined herein are defined in the Prospectus.

 

THE EXCHANGE OFFER WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON                     , 2004, UNLESS THE EXCHANGE OFFER IS EXTENDED (THE “EXPIRATION DATE”). TENDERS OF OLD NOTES MAY BE WITHDRAWN AT ANY TIME PRIOR TO 5:00 P.M. ON THE EXPIRATION DATE.

 

 

Delivery To:

U.S. Bank National Association, Exchange Agent

60 Livingston Avenue

St. Paul, Minnesota 55107

Attention: Specialized Finance

 

Facsimile Transmission:

(651) 495-8158 (MN)

 

Confirm By Telephone:

(800) 934-6802 (MN)

 

Delivery of this instrument to an address other than as set forth above, or transmission of instructions via facsimile other than as set forth above, will not constitute a valid delivery.

 

This form is not to be used to guarantee signatures. If a signature on the Letter of Transmittal is required to be guaranteed under the instructions thereto, such signature guarantee must appear in the applicable space provided in the signature box in the Letter of Transmittal.

 

Ladies and Gentlemen:

 

Upon the terms and conditions set forth in the Prospectus and the accompanying Letter of Transmittal, the undersigned hereby tenders to the Company the principal amount of Old Notes set forth below, pursuant to the guaranteed delivery procedure described in “The Exchange Offer—Guaranteed Delivery Procedures” section of the Prospectus. The undersigned understands that tenders of Old Notes pursuant to the Exchange Offer may only be withdrawn as provided in the Prospectus under the caption “The Exchange Offer—Withdrawal Rights.”

 

The undersigned understands that tenders of Old Notes will be accepted only in face amounts equal to $1,000 or integral multiples thereof. The undersigned understands that tenders of Old Notes pursuant to the Exchange Offer may not be withdrawn after 5:00 p.m., New York City time, on the Expiration Date. Tenders of Old Notes also may be withdrawn if the Exchange Offer is terminated without any such Old Notes being purchased thereunder or as otherwise provided in the Prospectus under the caption “The Exchange Offer—Withdrawal Rights.”

 

All authority conferred or agreed to be conferred by this Notice of Guaranteed Delivery shall survive the death or incapacity of the undersigned, and every obligation of the undersigned under this Notice of Guaranteed Delivery shall be binding upon the heirs, personal representative, executors, administrators, successors, assigns, trustees in bankruptcy and other legal representatives of the undersigned.


PLEASE SIGN AND COMPLETE

 

Principal Amount of Old Notes Tendered*

 

$                                                                                                        

 

Note Certificate Nos. (if available):

 

                                                                                                           

 

                                                                                                           

 

                                                                                                           

 

                                                                                                           

 

If Old Notes will be delivered by book-entry transfer to The Depository Trust Company, provide account number.

 

Account Number:                                                                       

 

 

Name(s) of Record Holder(s):

 

                                                                                                         

 

                                                                                                         

 

Address(es):                                                                               

 

                                                                                                         

 

                                                                                                         

 

Area Code and Telephone Number(s):

 

                                                                                                         

 

                                                                                                         

 

Signature(s):                                                                               

 

                                                                                                         

 

Date:                                                                                              

 

  * Must be in integral multiples of $1,000.

 

This Notice of Guaranteed Delivery must be signed by the registered holder(s) of Old Notes exactly as its (their) name(s) appear(s) on the certificate(s) for Old Notes or on a security position listing as the owner of Old Notes, or by person(s) authorized to become registered holder(s) by endorsements and documents transmitted with this Notice of Guaranteed Delivery. If signature is by a trustee, executor, administrator, guardian, attorney-in-fact, officer or other person acting in a fiduciary or representative capacity, such person must provide the following information.

 

PLEASE PRINT NAME(S) AND ADDRESS(ES):

 

Name(s):                                                                                                                                                                                                           
                                                                                                                                                                                                                 
Capacity:                                                                                                                                                                                                           
Address(es):                                                                                                                                                                                                     
                                                                                                                                                                                                                 
                                                                                                                                                                                                                 

 

DO NOT SEND OLD NOTES WITH THIS FORM. OLD NOTES SHOULD BE SENT TO THE EXCHANGE AGENT TOGETHER WITH A PROPERLY COMPLETED AND DULY EXECUTED LETTER OF TRANSMITTAL.

 

(form continued on next page)


 

THE ACCOMPANYING GUARANTEE MUST BE COMPLETED

 

GUARANTEE

(NOT TO BE USED FOR SIGNATURE GUARANTEE)

 

The undersigned, a member firm of a registered national securities exchange, a member of the National Association of Securities Dealers, Inc., a commercial bank or trust company having an office or a correspondent in the United States or an “eligible guarantor institution” within the meaning of Rule 17Ad-15 under the Securities Exchange Act of 1934, hereby (a) represents that each holder of Old Notes on whose behalf this tender is being made “own(s)” the Old Notes covered hereby within the meaning of Rule 14e-4 under the Securities Exchange Act of 1934, as amended, (b) represents that such tender of Old Notes complies with Rule 14e-4, and (c) guarantees that, within five business days after the Expiration Date, a properly completed and duly executed Letter of Transmittal or a facsimile thereof, or an Agent’s Message (as defined in “The Exchange Offer—Book-Entry Transfer” in the Prospectus) in lieu of the Letter of Transmittal, together with certificates representing the Old Notes covered hereby in proper form for transfer (or confirmation of the book-entry transfer of such Old Notes into the Exchange Agent’s account at The Depository Trust Company, pursuant to the procedure for book-entry transfer set forth in the Prospectus) and required documents will be deposited by the undersigned with the Exchange Agent.

 

The undersigned acknowledges that it must deliver the Letter of Transmittal, or an Agent’s Message in lieu of the Letter of Transmittal, and Old Notes tendered hereby to the Exchange Agent within the time period set forth above and that failure to do so could result in financial loss to the undersigned.

 

Name of Firm:                                                                                                                                                                                       
   
    

                                                                                                                                                                                      

(Authorized Signature)

   
     Title:                                                                                                                                                                           
   
     Name:                                                                                                                                                                         
   
     Date:                                                                                                                                                                           
 

Address:                                                                                                                                                                                                  


 

Area Code and

Telephone Number: