Common use of Applicability of ISP98 and UCP Clause in Contracts

Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Lender and the Borrower when a Letter of Credit is issued including any such agreement as applicable to an Existing Letter of Credit, (i) the rules of the ISP 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 at the time of issuance shall apply to each commercial Letter of Credit.

Appears in 7 contracts

Samples: Credit Agreement (OneBeacon Insurance Group, Ltd.), Credit Agreement (Symetra Financial CORP), Credit Agreement (Symetra Financial CORP)

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Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Lender applicable L/C Issuer and the Borrower when a Letter of Credit is issued (including any such agreement as applicable to an Existing Letter of Credit), (i) the rules of the ISP 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 at the time of issuance shall apply to each commercial Letter of Credit.

Appears in 5 contracts

Samples: Credit Agreement (Alliant Techsystems Inc), Credit Agreement (Alliant Techsystems Inc), Credit Agreement (Alliant Techsystems Inc)

Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Lender L/C Issuer and the Borrower when a Letter of Credit is issued (including any such agreement as applicable to an Existing Letter of Credit), (i) the rules of the ISP 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 at the time of issuance shall apply to each commercial Letter of Credit.

Appears in 5 contracts

Samples: Credit Agreement (Team Inc), Credit Agreement (Holly Corp), Credit Agreement (Team Inc)

Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Lender L/C Issuer and the Borrower when a Letter of Credit is issued including any such agreement as applicable to an Existing Letter of Creditissued, (i) the rules of the ISP 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 at the time of issuance shall apply to each commercial Letter of Credit.

Appears in 4 contracts

Samples: Credit Agreement (Marina District Development Company, LLC), Credit Agreement (Boyd Gaming Corp), Credit Agreement (Team Inc)

Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Lender L/C Issuer and the Canadian Borrower when a Letter of Credit is issued (including any such agreement as applicable to an Existing existing Letter of Credit), (i) the rules of the ISP 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 at the time of issuance shall apply to each commercial Trade Letter of Credit.

Appears in 4 contracts

Samples: Credit Agreement (Telesat Holdings Inc.), Credit Agreement (Telesat Holdings Inc.), Credit Agreement (Telesat Holdings Inc.)

Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Lender L/C Issuer and the Borrower Company when a Letter of Credit is issued (including any such agreement as applicable to an Existing Letter of Credit), (i) the rules of the ISP 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 at the time of issuance shall apply to each Existing Letter of Credit that is a commercial letter of credit and (ii) the rules of the ISP shall apply to each other Letter of Credit.

Appears in 3 contracts

Samples: Credit Agreement (Abm Industries Inc /De/), Credit Agreement (Abm Industries Inc /De/), Credit Agreement (Abm Industries Inc /De/)

Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Lender L/C Issuer and the Borrower when a Letter of Credit is issued (including any such agreement as applicable to an Existing existing Letter of Credit), (i) the rules of the ISP 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 at the time of issuance shall apply to each commercial Trade Letter of Credit.

Appears in 3 contracts

Samples: Credit Agreement (Verifone Systems, Inc.), Credit Agreement (Verifone Systems, Inc.), Credit Agreement (Verifone Systems, Inc.)

Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the applicable Issuing Lender Bank and the Borrower when a Letter of Credit is issued including any such agreement as applicable to an Existing Letter of Creditissued, (i) the rules of the ISP ISP98 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 at the time of issuance shall apply to each commercial Letter of Credit.

Appears in 3 contracts

Samples: Credit Agreement (Comstock Resources Inc), Credit Agreement (Comstock Oil & Gas Investments, LLC), Credit Agreement (Medidata Solutions, Inc.)

Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Lender L/C Issuer and the Borrower Company when a Letter of Credit is issued including any such agreement as applicable to an Existing Letter of Creditissued, (i) the rules of the ISP 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 at the time of issuance shall apply to each commercial Letter of Credit.

Appears in 2 contracts

Samples: Credit Agreement (Pepsico Inc), Credit Agreement (Pepsico Inc)

Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Lender L/C Issuer and the Borrower when a Letter of Credit is issued including any such agreement as applicable to an Existing Letter of Creditissued, (i) the rules of the ISP 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 shall apply to each commercial Letter of Credit.

Appears in 2 contracts

Samples: Credit Agreement (Quidel Corp /De/), Credit Agreement (Quidel Corp /De/)

Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Lender Canadian L/C Issuer and the applicable Canadian Borrower when a Letter of Credit is issued (including any such agreement as applicable to an Existing Canadian Letter of Credit), (i) the rules of the ISP 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 at the time of issuance shall apply to each commercial Letter of Credit.

Appears in 2 contracts

Samples: Credit Agreement (Devon Energy Corp/De), Credit Agreement (Devon Energy Corp/De)

Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Lender L/C Issuer and the Borrower when a Letter of Credit is issued (including any such agreement as applicable to an Existing Letter of Credit), (i) the rules of the ISP 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 at the time of issuance shall apply to each commercial Trade Letter of Credit.

Appears in 2 contracts

Samples: Credit Agreement (VeriFone Holdings, Inc.), Credit Agreement (VeriFone Holdings, Inc.)

Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Lender L/C Issuer and the Borrower when a Letter of Credit is issued (including any such agreement as applicable to an Existing Letter of Credit), (i) the rules of the ISP 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 at the time of issuance shall apply to each commercial Letter of Credit.

Appears in 2 contracts

Samples: Credit Agreement (United Industries Corp), Credit Agreement (United Industries Corp)

Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Lender and the Borrower when a applicable Letter of Credit is issued including any such agreement as applicable to an Existing Issuer and the Borrower, each Letter of Credit, (iCredit and Section 2.04(e) the rules of the ISP shall apply be subject either 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 shall apply to each commercial Letter (“UCP”) or the rules of Creditthe International Standby Practices (ICC Publication No. 590) (“ISP98”).

Appears in 2 contracts

Samples: Revolving Asset Based Loan Agreement (Andersons, Inc.), Revolving Asset Based Loan Agreement (Andersons, Inc.)

Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Lender and the Borrower Borrower, when a Letter of Credit is issued including any such agreement as applicable to an Existing Letter of Credit, issued: (i) the rules of the ISP 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 at the time of issuance shall apply to each any commercial Letter of Credit.

Appears in 2 contracts

Samples: Credit Agreement (Lecroy Corp), Credit Agreement (Lecroy Corp)

Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Lender L/C Issuer and the Borrower when a Letter of Credit is issued (including any such agreement as applicable to an Existing Letter of Credit), (i) the rules of the ISP 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 at the time of issuance shall apply to each commercial Letter of Credit.

Appears in 2 contracts

Samples: Credit Agreement (McClatchy Co), Credit Agreement (McClatchy Co)

Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Lender and the relevant Borrower when a Letter of Credit is issued including any such agreement as applicable to an Existing Letter of Credit, (i) the rules of the ISP 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 at the time of issuance shall apply to each commercial Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (White Mountains Insurance Group LTD)

Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the applicable Issuing Lender Bank and the Borrower when a Letter of Credit is issued including any such agreement as applicable to an Existing Letter of Creditissued, (i) the rules of the ISP ISP98 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 at the time of issuance issuance, shall apply to each commercial Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (AMERICAN EAGLE ENERGY Corp)

Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Lender L/C Issuer and the Borrower Company when a Letter of Credit is issued (including any such agreement as applicable to an Existing Letter of Credit), (i) the rules of the ISP 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 at the time of issuance shall apply to each commercial Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Abm Industries Inc /De/)

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Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Lender L/C Issuer and the Borrower when a Letter of Credit is issued (including any such agreement as applicable to an Existing Letter of Credit), (i) the rules of the ISP 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 shall apply to each commercial Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Oakley Inc)

Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Lender US L/C Issuer and the US Borrower when a US Letter of Credit is issued (including any such agreement as applicable to an Existing US Letter of Credit), (i) the rules of the ISP shall apply to each standby US Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for DEVON CREDIT AGREEMENT Documentary Credits, as most recently published by the International Chamber of Commerce at the time of issuance shall apply to each commercial US Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Devon Energy Corp/De)

Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Lender US L/C Issuer and the US Borrower when a US Letter of Credit is issued (including any such agreement as applicable to an Existing US Letter of Credit), (i) the rules of the ISP 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 at the time of issuance shall apply to each commercial US Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Devon Energy Corp/De)

Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Lender and the Borrower when a Letter of Credit is issued including any such agreement as applicable to an Existing Letter of Creditissued, (i) the rules of the ISP 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 at the time of issuance shall apply to each commercial Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Symetra Financial CORP)

Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Lender L/C Issuer and the Borrower when a Letter of Credit is issued (including any such agreement as applicable to an Existing Letter of Credit), (i) the rules of the ISP 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 shall apply to each commercial Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Mestek Inc)

Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Lender applicable L/C Issuer and the Borrower when a Letter of Credit is issued (including any such agreement as applicable to an Existing Letter of Credit), (i) the rules of the ISP shall apply to each standby Letter of Credit, Credit and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce at the time of issuance issuance, shall apply to each commercial Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Alliant Techsystems Inc)

Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the applicable Issuing Lender and the Borrower Company when a Letter of Credit is issued (including any such agreement as applicable to an Existing Letter of Credit), (ia) the rules of the ISP shall apply to each standby Letter of Credit, Credit and (iib) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce at the time of issuance shall apply to each commercial Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Middleby Corp)

Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Lender L/C Issuer and the applicable Borrower when a Letter of Credit is issued including any such agreement as applicable to an Existing Letter of Creditissued, (i) the rules of the ISP 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 at the time of issuance shall apply to each commercial Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Brady Corp)

Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Lender L/C Issuer and the Borrower when a Letter of Credit is issued (including any such agreement as applicable to an Existing Letter of Credit), (i) the rules of the ISP shall apply to each standby Letter of Credit, Credit and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce at the time of issuance shall apply to each commercial Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Powell Industries Inc)

Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Lender and the relevant Borrower when a Letter of Credit is issued including any such agreement as applicable to an Existing Letter of Creditissued, (i) the rules of the ISP 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 at the time of issuance shall apply to each commercial Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (White Mountains Insurance Group LTD)

Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Lender L/C Issuer and the Borrower Agent when a Letter of Credit is issued (including any such agreement as applicable to an Existing Letter of Credit), (i) the rules of the ISP 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 at the time of issuance shall apply to each commercial Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Ames True Temper, Inc.)

Applicability of ISP98 and UCP. Unless otherwise expressly agreed by the Issuing Lender applicable L/C Issuer and the Borrower Company when a Letter of Credit is issued (including any such agreement as applicable to an Existing Letter of Credit), (i) the rules of the ISP “International Standby Practices 1998” (or such later version thereof as may be in effect at the time of issuance) published by the Institute of International Banking Law & Practice (the “ISP98”) 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 at the time of issuance shall apply to each commercial Letter of Credit.and

Appears in 1 contract

Samples: Credit Agreement (Fti Consulting Inc)

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