Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank and the Borrower when a Letter of Credit is issued, (i) the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “ICC”) at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
Appears in 7 contracts
Samples: Credit Agreement (Comstock Resources Inc), Credit Agreement (Comstock Oil & Gas, LP), Credit Agreement (Comstock Resources Inc)
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank applicable L/C Issuer and the Borrower when a Letter of Credit is issued, (i) the rules of the “"International Standby Practices 1998” " published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “"ICC”") at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
Appears in 4 contracts
Samples: Credit Agreement (Ameron International Corp), Credit Agreement (Proquest Co), Credit Agreement (Schnitzer Steel Industries Inc)
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the applicable Issuing Bank and the Borrower when a Letter of Credit is issued, (i) the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “ICC”) at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
Appears in 4 contracts
Samples: And Guaranty Agreement (Dana Holding Corp), And Guaranty Agreement (Dana Holding Corp), Revolving Credit and Guaranty Agreement (Dana Holding Corp)
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank and the Borrower when a Letter of Credit is issued, (i) the rules of the “"International Standby Practices 1998” " published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “"ICC”") at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
Appears in 3 contracts
Samples: Credit Agreement (Comstock Resources Inc), Credit Agreement (Comstock Resources Inc), Credit Agreement (Pca International Inc)
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank Agent and the Borrower when a Letter of Credit is issued, (i) the rules of the “"International Standby Practices 1998” " published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “"ICC”") at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
Appears in 3 contracts
Samples: Assignment and Assumption Agreement (Playboy Enterprises Inc), Credit Agreement (Micros Systems Inc), Credit Agreement (Micros Systems Inc)
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank and the Borrower Company when a Letter of Credit is issued, (i) the rules of the “"International Standby Practices 1998” " published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “"ICC”") at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
Appears in 3 contracts
Samples: Credit Agreement, Multicurrency Credit Agreement (Briggs & Stratton Corp), Assignment and Assumption Agreement (Idex Corp /De/)
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank and the Borrower Borrower, when a Letter of Credit is issued, issued (ia) the rules of the “"International Standby Practices 1998” " published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (iib) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “"ICC”") at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
Appears in 3 contracts
Samples: Credit Agreement (Nexstar Finance Inc), Credit Agreement (Nexstar Finance Inc), Credit Agreement (Nexstar Finance Inc)
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank Lender and the Borrower when a Letter of Credit is issued, (i) the rules of the “"International Standby Practices 1998” " published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “"ICC”") at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
Appears in 3 contracts
Samples: Credit Agreement (Chattem Inc), Credit Agreement (Sun Media Corp), Credit Agreement (Rockford Corp)
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank L/C Issuer and the Borrower Borrowers when a Letter of Credit is issued, (i) the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “ICC”) at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Commercial Letter of Credit.
Appears in 2 contracts
Samples: Credit Agreement (American Commercial Lines Inc.), Guaranty Agreement (American Commercial Lines Inc.)
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank Lender and the Borrower Company when a Letter of Credit is issued, (i) the rules of the “"International Standby Practices 1998” " published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (ii) the rules of the The Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “"ICC”") at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
Appears in 2 contracts
Samples: Credit Agreement (Hercules Inc), Credit Agreement (Hercules Inc)
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank Lender and the Borrower when a Letter of Credit is issued, (i) the rules of the “"International Standby Practices 1998” " published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “"ICC”") at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
Appears in 2 contracts
Samples: Possession Financing Agreement (Railworks Corp), Possession Financing Agreement (Railworks Corp)
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank and the Borrower Borrower, when a Letter of Credit is issued, issued (ia) the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (iib) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “ICC”) at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
Appears in 2 contracts
Samples: Credit Agreement (Nexstar Broadcasting Group Inc), Credit Agreement (Nexstar Broadcasting Group Inc)
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank L/C Issuer and the Borrower Holdings when a Letter of Credit is issued, (i) the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary CreditsCredits (the “UCP”), as most recently published by the International Chamber of Commerce (the “ICC”) at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Commercial Letter of Credit.
Appears in 2 contracts
Samples: Credit Agreement (Building Materials Holding Corp), Credit Agreement (Building Materials Holding Corp)
Applicability of ISP98 and UCP. Unless otherwise expressly ------------------------------ agreed by the Issuing Bank and the Borrower Borrower, when a Letter of Credit is issued, issued (ia) the rules of the “"International Standby Practices 1998” " published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (iib) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “"ICC”") at the time of issuance (including the ICC decision published by the --- Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
Appears in 2 contracts
Samples: Credit Agreement (Nexstar Broadcasting of the Wichita Falls LLC), Credit Agreement (Nexstar Finance Holdings LLC)
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank L/C Issuer and the Borrower when a Letter of Credit is issued, (i) the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “ICC”) at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Commercial Letter of Credit.
Appears in 2 contracts
Samples: Credit Agreement (Genius Products Inc), Credit Agreement (Genius Products Inc)
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank Letter of Credit Issuer and the Borrower Borrowers when a Letter of Credit is issued, (i) the rules of the “"International Standby Practices 1998” " published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “"ICC”") at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
Appears in 1 contract
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank Lender and the Borrower when a Letter of Credit is issued, issued (i) the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “ICC”) at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
Appears in 1 contract
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank an L/C Issuer and the Borrower when a Letter of Credit is issued, (i) the rules of either the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter or, at the option of Creditthe Borrower, and (ii) the rules of the Uniform Customs and Practice for Documentary CreditsCredits (“UCP”), as most recently published by the International Chamber of Commerce (the “ICC”) at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each standby Letter of Credit, and (ii) the UCP shall apply to each commercial Letter of Credit.
Appears in 1 contract
Samples: Assignment and Assumption (Tyco International LTD /Ber/)
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank applicable L/C Issuer and the Borrower when a Letter of Credit is issued, (i) the rules of the “"International Standby Practices 1998” " published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “"ICC”") at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
Appears in 1 contract
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank and the Borrower when When a Letter of Credit is issuedissued (including any such agreement applicable to Existing Letters of Credit), (i) the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, unless the L/C Issuer and (ii) the Borrower agree that the rules of the Uniform Customs and Practice for Documentary CreditsCredits (“UCP”), as most recently published by the International Chamber of Commerce (the “ICC”) at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) apply to such Letter of Credit, in which case the UCP shall apply to each commercial such Letter of Credit.
Appears in 1 contract
Samples: Assignment and Assumption Agreement (Plum Creek Timber Co Inc)
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank Lender and the Borrower when a Letter of Credit is issued, (i) the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “ICC”) at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Commercial Letter of Credit.
Appears in 1 contract
Samples: Loan Agreement (Station Casinos Inc)
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank and the Borrower when When a Letter of Credit is issuedissued (including any such agreement applicable to Existing Letters of Credit), (i) the rules of the “"International Standby Practices 1998” " published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby such Letter of Credit, unless the Issuing Bank and (ii) the Company agree that the rules of the Uniform Customs and Practice for Documentary CreditsCredits ("UCP"), as most recently published by the International Chamber of Commerce (the “"ICC”") at the time of issuance (including the ICC decision published by the Commission Common on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) apply to such Letter of Credit, in which case the UCP shall apply to each commercial such Letter of Credit.. ARTICLE IV
Appears in 1 contract
Samples: Assignment and Assumption Agreement (Plum Creek Timber Co Inc)
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank L/C Issuer and the Borrower when a Letter of Credit is issuedis, (i) the rules of the “"International Standby Practices 1998” " published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “"ICC”") at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
Appears in 1 contract
Samples: Credit Agreement (Meritage Corp)
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank Lender and the Borrower Borrowers when a Letter of Credit is issued, (i) the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “ICC”) at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial trade Letter of Credit.
Appears in 1 contract
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank Lender and the Borrower when a Letter of Credit is issued, (i) the rules of the “International Standby Practices 1998” published by the Institute of International Banking Requirement of Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “ICC”) at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
Appears in 1 contract
Samples: Day Revolving Credit Agreement (Polaris Industries Inc/Mn)
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank Lender and the Borrower when a Letter of Credit is issued, issued (i) the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “ICC”) at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
Appears in 1 contract
Samples: Credit Agreement (Irobot Corp)
Applicability of ISP98 and UCP. Unless otherwise expressly ------------------------------ agreed by the Issuing Bank and the Borrower when a Letter of Credit is issued, (i) the rules of the “"International Standby Practices 1998” " published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “"ICC”") at the time of issuance (including the ICC decision --- published by the Commission SEC on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial trade Letter of Credit.
Appears in 1 contract
Samples: Credit, Security and Guaranty Agreement (Ventas Inc)
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank L/C Issuer and the Borrower when a Letter of Credit is issued, (i) the rules of the “"International Standby Practices 1998” " published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “"ICC”") at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
Appears in 1 contract
Samples: Credit Agreement (NCH Corp)
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank L/C Issuer and the Borrower when a Letter of Credit is issued, (i) the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & &Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “ICC”) at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
Appears in 1 contract
Samples: Credit Agreement (Sonic Corp)
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank L/C Issuer and the Borrower when a Letter of Credit is issued, (ia) the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (iib) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “ICC”) at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
Appears in 1 contract
Samples: Loan Agreement (Cascade Corp)
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank L/C Issuer and the any Borrower when a Letter of Credit is issued, (i) the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “ICC”) at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
Appears in 1 contract
Samples: Credit Agreement (Behringer Harvard Opportunity REIT I, Inc.)
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank L/C Issuer and the Borrower Company when a Letter of Credit is issued, (i) the rules of the “"International Standby Practices 1998” " published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “"ICC”") at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
Appears in 1 contract
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank Lender and the Borrower Borrowers when a Letter of Credit is issued, (i) the rules of the “"International Standby Practices 1998” " published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “"ICC”") at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
Appears in 1 contract
Samples: Loan Agreement (Helen of Troy LTD)
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank L/C Issuer and the Borrower Borrower, when a Letter of Credit is issued, (i) the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “ICC”) at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
Appears in 1 contract
Samples: Credit Agreement (Bj Services Co)
Applicability of ISP98 and UCP. Unless otherwise expressly ------------------------------ agreed by the Issuing Bank Agent and the Borrower when a Letter of Credit is issued, issued (i) the rules of the “"International Standby Practices 1998” " published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “"ICC”") at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
Appears in 1 contract
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank Lender and the Borrower when a Letter of Credit is issued, (ia) the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (iib) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “ICC”) at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
Appears in 1 contract
Samples: Construction Loan and Security Agreement (Campus Crest Communities, Inc.)
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank any L/C Issuer and the Borrower when a Letter of Credit is issued, (i) the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “ICC”) at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
Appears in 1 contract
Samples: Credit Agreement (Centex Corp)
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank any L/C Issuer and the Borrower when a Letter of Credit is issued, (i) the rules of the “"International Standby Practices 1998” " published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “"ICC”") at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
Appears in 1 contract
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank Lender and the Borrower when a Letter of Credit is issued, (i) the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “ICC”) at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
Appears in 1 contract
Samples: Credit Agreement (UTi WORLDWIDE INC)
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank and the Borrower when a Letter of Credit is issued, (i) the rules of the “"International Standby Practices 1998” " published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “"ICC”") at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Trade Letter of Credit.
Appears in 1 contract
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the applicable Issuing Bank and the Borrower when a Letter of Credit is issued, (i) the rules of the “"International Standby Practices 1998” " published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “"ICC”") at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
Appears in 1 contract
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank L/C Issuer and the Borrower when a Letter of Credit is issued, (i) the rules of the “"International Standby Practices 1998” " published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall will apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “"ICC”") at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall will apply to each commercial Letter of Credit.
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Samples: Construction Loan Agreement (Investors Real Estate Trust)
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank Lender and the Borrower when a Letter of an LC Credit Extension is issuedmade, (i) the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of CreditLC, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “ICC”) at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 1998, regarding the European single currency (euro)) shall apply to each commercial Letter of Creditdocumentary LC.
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Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank Lender and the Borrower when a Letter of Credit is issued, (i) the rules of the “"International Standby Practices 1998” " published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “"ICC”") at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
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Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the applicable US Issuing Bank and the Borrower Borrowers when a US Letter of Credit is issued, (i) the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby US Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “ICC”) at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial US Letter of Credit.
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Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank L/C Issuer and the Borrower when a Letter of Credit is issued, issued (i) the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “ICC”) at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
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Samples: Credit Agreement (Goldleaf Financial Solutions Inc.)
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank applicable L/C Issuer and the Borrower when a Letter of Credit is issuedissued (including any such agreement applicable to an Existing Letter of Credit), (i) the rules of the “"International Standby Practices 1998” " published by the Institute of International Banking Requirement of Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “"ICC”") at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
Appears in 1 contract
Samples: Credit Agreement (PNM Resources Inc)
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank Lender and the Borrower when a Letter of Credit is issued, issued (i) the rules of the “"International Standby Practices 1998” " published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “"ICC”") at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
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Applicability of ISP98 and UCP. Unless otherwise expressly ------------------------------ agreed by the Issuing Bank and the Borrower Borrowers when a Letter of Credit is issued, (ia) the rules of the “"International Standby Practices 1998” " published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (iib) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “"ICC”") at the time of issuance (including the ICC decision published by the --- Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
Appears in 1 contract
Samples: Credit Agreement (Nexstar Broadcasting of the Wichita Falls LLC)
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank an L/C Issuer and the Borrower Borrower, when a Letter of Credit is issued, issued (i) the rules of the “"International Standby Practices 1998” " published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “"ICC”") at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
Appears in 1 contract
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank Lender and the Borrower when a Letter of Credit is issued, (i) the rules of the “"International Standby Practices 1998” " published by the Institute of International the Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “"ICC”") at the time of issuance (including the ICC decision published by the Commission on the Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
Appears in 1 contract
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank Issuer and the Borrower when a Letter of Credit is issued, (i) the rules of the “"International Standby Practices 1998” " published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “"ICC”") at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
Appears in 1 contract
Samples: Railworks Corp
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank applicable L/C Issuer and the US Borrower when a Letter of Credit is issued, (i) the rules of the “"International Standby Practices 1998” " published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “"ICC”") at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
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Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank Lender and the Borrower when a Letter of Credit is issuedissued (including any such agreement applicable to an Existing Letter of Credit), (i) the rules of the “International Standby Practices 1998” published by the Institute of International Banking Requirement of Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “ICC”) at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
Appears in 1 contract
Samples: Revolving Credit Agreement (Polaris Industries Inc/Mn)
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank L/C Issuer and the Borrower when a Letter of Credit is issuedissued (including any such agreement applicable to an Existing Letter of Credit), (i) the rules of the “"International Standby Practices 1998” " published by the Institute of International Banking Requirement of Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “"ICC”") at the time of issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
Appears in 1 contract
Samples: Credit Agreement (PNM Resources)
Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Bank any L/C Issuer and the Borrower when a Letter of Credit is issued, (i) the rules of the “"International Standby Practices 1998” " published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce (the “"ICC”") at the time of issuance (including the ICC decision LETTER OF CREDIT AND REIMBURSEMENT AGREEMENT published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.
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Samples: Credit and Reimbursement Agreement (Centex Development Co Lp)
