EXHIBIT 99.2
NOTICE OF GUARANTEED DELIVERY
CHEMICAL LEAMAN CORPORATION
OFFER TO EXCHANGE
ALL OF ITS OUTSTANDING
10 3/8% SENIOR NOTES DUE 2005
FOR ITS
10 3/8% SENIOR NOTES DUE 2005
As set forth in Prospectus described below, this Notice of Guaranteed
Delivery or one substantially equivalent hereto must be used to tender for
exchange 10 3/8% Senior Notes due 2005 ("Old Notes"), of Chemical Leaman
Corporation, a Pennsylvania corporation ("Company"), pursuant to the Exchange
Offer (as defined below) if certificates for Old Notes are not immediately
available or the certificates for Old Notes and all other required documents
cannot be delivered to the Exchange Agent on or prior to the Expiration Date (as
defined in the Prospectus), or if the procedures for delivery by book-entry
transfer cannot be completed on a timely basis. This instrument may be delivered
by hand or transmitted by facsimile transmission or mail to the Exchange Agent.
The Exchange Agent for the Exchange Offer is:
FIRST UNION NATIONAL BANK
By Mail By Hand/Overnight Express:
First Union National Bank First Union National Bank
1525 West W.T. Harris Boulevard 3C3 1525 West W.T. Harris Boulevard 3C3
Charlotte, North Carolina 28288 Charlotte, North Carolina 28288
Attention: Michael Klotz Attention: Michael Klotz
By Facsimile Transmission:
(704) 590-7628
Confirm by telephone:
(704) 590-7408
DELIVERY OF THIS INSTRUMENT TO AN ADDRESS OTHER THAN AS SET FORTH ABOVE
OR TRANSMISSIONS OF INSTRUCTIONS VIA A FACSIMILE NUMBER OTHER THAN AS SET
FORTH ABOVE WILL NOT CONSTITUTE A VALID DELIVERY.
This Notice of Guaranteed Delivery is not to be used to guarantee
signatures. If a signature on a Letter of Transmittal is required to be
guaranteed by an Eligible Institution under the Instructions to the Letter of
Transmittal, such signature guarantee must appear in the applicable space
provided in the signature box in the Letter of Transmittal.
------------------------------------------------------------------
THE EXCHANGE OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M.,
NEW YORK CITY TIME, ON , 1997,
UNLESS THE EXCHANGE OFFER IS EXTENDED.
------------------------------------------------------------------
1
Ladies and Gentlemen:
The undersigned hereby tenders to the Company, upon the terms and
subject to the conditions set forth in the Prospectus dated ___________ , 199
("Prospectus") and in the related Letter of Transmittal (which, together with
any amendments or supplements thereto, collectively constitute the "Exchange
Offer"), receipt of each of which is hereby acknowledged, the principal amount
of Old Notes indicated below pursuant to the guaranteed delivery procedures set
forth in the Prospectus under the caption "The Exchange Offer -- Procedures for
Tendering Old Notes -- Guaranteed Delivery Procedures."
Signature(s)
-------------------------------------------------------------------
Name(s) of Eligible Holders
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
PLEASE TYPE OR PRINT
Principal Amount of Old Notes Tendered for
Exchange $
----------------------------------------------------------------------
Old Note Certificate No(s). (If available
---------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Dated , 199
---------------------
Address(es)
---------------------------------------------------------------------
- --------------------------------------------------------------------------------
Zip Code
Area Code and Tel. No.(s)
-------------------------------------------------------
(Check box if shares will be tendered by book-entry transfer)
[ ] The Depository Trust Company
Account Number
------------------------------------------------------------------
2
- ------------------------------------------------------------------------------
GUARANTEE
(NOT TO BE USED FOR SIGNATURE GUARANTEE)
The undersigned, an Eligible Institution (as defined in the Prospectus),
having an office or correspondent in the United States, hereby guarantees to
either deliver to the Exchange Agent the certificates representing all the Old
Notes tendered hereby, in proper form for transfer, or to deliver such Old Notes
pursuant to the procedure for book-entry transfer into the Exchange Agent's
account at The Depository Trust Company, in either case together with the Letter
of Transmittal (or a facsimile thereof),properly completed and duly executed,
with any required signature guarantees or an Agent's Message (as defined in the
Prospectus) in the case of a book-entry transfer, and any other required
documents, all within three New York Stock Exchange trading days after the date
hereof.
- --------------------------------------------------------------------------------
- -------------------------------------- ---------------------------------------
Name of Firm Authorized Signature
- -------------------------------------- ---------------------------------------
Address Please Type or Print
- -------------------------------------- ---------------------------------------
Zip Code
NOTE: DO NOT SEND CERTIFICATES FOR OLD NOTES WITH THIS NOTICE. CERTIFICATES
SHOULD BE SENT WITH YOUR LETTER OF TRANSMITTAL.