Common use of Uniform Customs and Practices Clause in Contracts

Uniform Customs and Practices. The Issuing Bank shall have the Credit-Linked Letters of Credit be subject to The Uniform Customs and Practice for Documentary Credits, as published as of the date of issue by the UCP in which case the UCP may be incorporated therein and deemed in all respects to be a part thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Newark Group, Inc)

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Uniform Customs and Practices. The Issuing Bank shall may have the Credit-Linked Trade Letters of Credit be subject to The Uniform Customs and Practice for Documentary Credits, as published as of the date of issue by the UCP International Chamber of Commerce (the "UCP"), in which case the UCP may be incorporated therein and deemed in all respects to be a part thereof.

Appears in 1 contract

Samples: Credit Agreement (Action Performance Companies Inc)

Uniform Customs and Practices. The Issuing Bank shall have may provide that the Credit-Linked Letters of Credit shall be subject to The Uniform Customs and Practice for Documentary Credits, as published as of the date of issue by the UCP International Chamber of Commerce (the "UCP") or any other guideline or practice as Issuing Bank may reasonably determine, in which case the UCP or such other guideline or practice may be incorporated by reference therein and deemed in all respects to be a part thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Phoenix Color Corp)

Uniform Customs and Practices. The Issuing Bank shall may have the Credit-Linked Letters of Credit be subject to The the Uniform Customs and Practice for Documentary Credits, as published as of the date of issue by the UCP International Chamber of Commerce (the "UCP"), in which case the UCP may be incorporated therein and deemed in all respects to be a part thereof.

Appears in 1 contract

Samples: Credit Agreement (Imc Global Inc)

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Uniform Customs and Practices. The Issuing Bank shall have the Credit-Linked any trade or documentary Letters of Credit be subject to The Uniform Customs and Practice for Documentary Credits, as published as of the date of issue by the UCP International Chamber of Commerce (the “UCP”), in which case the UCP may be incorporated therein and deemed in all respects to be a part thereof. Unless otherwise expressly agreed by the Issuing Bank and the Company when a standby Letter of Credit is issued, the rules of the ISP shall apply to each Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Universal Health Realty Income Trust)

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