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 has the meaning set forth in Section 2.03(h).

Examples of ISP98 in a sentence

  • This Letter of Credit is issued subject to the rules of the ‘International Standby Practices 1998’, International Chamber of Commerce Publication No. 590 (“ISP98”) and, as to matters not addressed by ISP98, shall be governed and construed in accordance with the laws of state of California.


More Definitions of ISP98

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.
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 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 (1998 Revision, effective January 1, 1999), International Chamber of Commerce Publication No. 590, and any successor publication by the International Chamber of Commerce (or any successor organization thereto).
ISP98 has the meaning specified in Section 8.09.
ISP98 means the International Standby Practices (1998 Revision, effective January 1, 1999), International Chamber of Commerce PublicationNo. 590.