Common use of Applicability of ISP Clause in Contracts

Applicability of ISP. Subject to the terms of the Master Agreement for Standby Letters of Credit and unless otherwise expressly agreed by the relevant Issuing Bank and the Borrower when a Letter of Credit is issued, the rules of the ISP shall apply to each standby Letter of Credit.

Appears in 4 contracts

Samples: Credit Agreement (LifeStance Health Group, Inc.), Credit Agreement (LifeStance Health Group, Inc.), Credit Agreement (LifeStance Health Group, Inc.)

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Applicability of ISP. Subject to the terms of the Master Agreement for Standby Letters of Credit and unless Unless otherwise expressly agreed by the relevant Issuing Bank and the Borrower when a Letter of Credit is issued, the rules of the ISP shall apply to each standby Letter of Credit.

Appears in 2 contracts

Samples: Credit Agreement (Colony Starwood Homes), Credit Agreement (Galleria Co.)

Applicability of ISP. Subject to the terms of the Master Agreement for Standby Letters of Credit and unless Unless otherwise expressly agreed by the relevant Issuing Bank and the Borrower when a Letter of Credit is issued, Company the rules of the ISP shall apply to each standby Letter of Credit.

Appears in 2 contracts

Samples: Letter of Credit and Cash Draw Agreement (UTi WORLDWIDE INC), Credit Agreement (UTi WORLDWIDE INC)

Applicability of ISP. Subject to the terms of the Master Agreement for Standby Letters of Credit and unless Unless otherwise expressly agreed by the relevant applicable Issuing Bank and the Borrower when a Letter of Credit is issuedissued (including any such agreement applicable to an Existing Letter of Credit), the rules of the ISP shall apply to each standby Letter of Credit.

Appears in 2 contracts

Samples: Credit Agreement (Staples Inc), Credit Agreement (Kroger Co)

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Applicability of ISP. Subject to the terms of the Master Agreement for Standby Letters of Credit and unless Unless otherwise expressly agreed by the relevant Issuing Bank and the Borrower Company when a Letter of Credit is issuedissued (including any such agreement applicable to an Existing Letter of Credit), the rules of the ISP shall apply to each standby Letter of Credit.

Appears in 1 contract

Samples: Guarantee Agreement (Constellation Brands, Inc.)

Applicability of ISP. Subject to the terms of the Master Agreement for Standby Letters of Credit and unless Unless otherwise expressly agreed by the relevant Issuing Bank and the Borrower Borrowers when a Letter of Credit is issuedissued by the Issuing Bank, the rules of the ISP shall be stated therein to apply to each standby Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (IBEX LTD)

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