ISP98 definition
ISP98 means the International Standby Practices (1998 Revision, effective January 1, 1999), International Chamber of Commerce Publication No. 590.
ISP98 means the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice, Inc. (or such later version thereof as may be in effect at the time of issuance).
ISP98 means the “International Standby Practices 1998” published by the International Chamber of Commerce in ICC publication No. 590 (1998), or such later version thereof as may be in effect at the time of issuance of a Letter of Credit stated to be governed by the ISP98.
Examples of ISP98 in a sentence
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) (“ISP98”) or the rules of the UCP shall apply to each Letter of Credit; provided, that, unless otherwise mutually agreed to between ▇▇▇▇▇▇▇▇ and the Issuing Bank, Letters of Credit shall be subject to ISP98.
More Definitions of ISP98
ISP98 has the meaning set forth in Section 2.03(h).
ISP98 means the International Standby Practices (1998 Revision, effective January 1, 1999), International Chamber of Commerce Publication
ISP98 has the meaning provided in Section 3.02(g)(iii) (Letters of Credit).
ISP98 shall have the meaning specified in Section 11.11.1 [Governing Law].
ISP98 means the International Standby Practices ISP98, as published by the International Chamber of Commerce and in effect from time to time.
ISP98 has the meaning specified in Section 8.09.
ISP98 has the meaning specified in Section 3.09.