Common use of Applicability of ISP98 Clause in Contracts

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

Appears in 16 contracts

Samples: Security Agreement (Martin Midstream Partners Lp), Credit Agreement (Sunoco Logistics Partners L.P.), Credit Agreement (Martin Midstream Partners Lp)

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Applicability of ISP98. Unless otherwise expressly agreed by the applicable L/C Issuer and the Borrower Borrowers, when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit), 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) shall be stated therein to apply to each Letter of Credit.

Appears in 13 contracts

Samples: Credit Agreement (APi Group Corp), Credit Agreement (Element Solutions Inc), Credit Agreement (APi Group Corp)

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

Appears in 12 contracts

Samples: Credit Agreement (Inamed Corp), Credit Agreement (Orbital Sciences Corp /De/), Credit Agreement (Quest Resource Corp)

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

Appears in 11 contracts

Samples: Credit Agreement, Credit Agreement (Wild Oats Markets Inc), Credit Agreement (Louisiana Pacific Corp)

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

Appears in 9 contracts

Samples: Revolving Credit Agreement (Carlyle Group Inc.), Credit Agreement (KKR & Co. Inc.), Guarantee and Security Agreement (KKR & Co. Inc.)

Applicability of ISP98. Unless otherwise expressly agreed by the L/C applicable LC Issuer and the Borrower applicable LC Obligor, when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit)issued, 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) shall apply to each Letter of Credit.

Appears in 7 contracts

Samples: Credit Agreement (Circor International Inc), Credit Agreement (Circor International Inc), Credit Agreement (Circor International Inc)

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

Appears in 7 contracts

Samples: Credit Agreement (Cracker Barrel Old Country Store, Inc), Credit Agreement (Cracker Barrel Old Country Store, Inc), Credit Agreement (CBRL Group Inc)

Applicability of ISP98. Unless otherwise expressly agreed by the L/C Issuer and the Borrower when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit), the 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”) shall apply to each Letter of Credit, except as provided in Section 2.5(l) below.

Appears in 6 contracts

Samples: Revolving Loan Agreement (Kb Home), Revolving Loan Agreement (Kb Home), Revolving Loan Agreement (Kb Home)

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

Appears in 5 contracts

Samples: Credit Agreement (Neustar Inc), Credit Agreement (Universal American Financial Corp), Credit Agreement (Universal American Financial Corp)

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

Appears in 5 contracts

Samples: Reimbursement Agreement (Aes Corp), Collateral Trust Agreement (Aes Corporation), Credit and Reimbursement Agreement (Aes Corp)

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

Appears in 5 contracts

Samples: Credit Agreement (Esterline Technologies Corp), Credit Agreement (Esterline Technologies Corp), Credit Agreement (Esterline Technologies Corp)

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

Appears in 4 contracts

Samples: Credit Agreement (NPC Restaurant Holdings, LLC), Credit Agreement (NPC Restaurant Holdings, LLC), Credit Agreement (NPC Restaurant Holdings, LLC)

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

Appears in 4 contracts

Samples: Letter of Credit Reimbursement and Collateral Agreement (Dynegy Inc.), Control Agreement (Dynegy Inc.), Control Agreement (Dynegy Inc.)

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

Appears in 4 contracts

Samples: Credit Agreement (C&d Technologies Inc), Credit Agreement (Granite Construction Inc), Line of Credit Loan Agreement (Bre Properties Inc /Md/)

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

Appears in 4 contracts

Samples: Credit Agreement (EnergySolutions, Inc.), Credit Agreement (EnergySolutions, Inc.), Credit Agreement (EnergySolutions, Inc.)

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

Appears in 4 contracts

Samples: Credit Agreement (PRG Schultz International Inc), Credit Agreement (PRG Schultz International Inc), Credit Agreement (Gevity Hr Inc)

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

Appears in 3 contracts

Samples: Abl Credit Agreement (Turning Point Brands, Inc.), Abl Credit Agreement (Mallinckrodt PLC), Abl Credit Agreement (Mallinckrodt PLC)

Applicability of ISP98. Unless otherwise expressly agreed by the L/C applicable Letter of Credit Issuer and the Borrower applicable Letter of Credit Obligor, when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Creditor deemed issued), 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) shall apply to each Standby Letter of Credit.

Appears in 3 contracts

Samples: Pledge and Security Agreement (American Dental Partners Inc), Pledge and Security Agreement (American Dental Partners Inc), Credit Agreement (American Dental Partners Inc)

Applicability of ISP98. Unless otherwise expressly agreed by the L/C Issuer and the Borrower Borrowers when a Letter of Credit is issued issued, (including any i) such agreement applicable to an Existing Letter of Credit shall be a standby Letter of Credit), (ii) 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) shall apply to each such standby Letter of Credit.

Appears in 3 contracts

Samples: Credit Agreement (Famous Daves of America Inc), Credit Agreement (Famous Daves of America Inc), Credit Agreement (Famous Daves of America Inc)

Applicability of ISP98. Unless otherwise expressly agreed by the L/C Issuer applicable Issuing Bank and the Borrower when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit)issued, the rules of the International Standby Practices 1998” 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) shall apply to each standby Letter of Credit.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Standard Pacific Corp /De/), Revolving Credit Agreement (Standard Pacific Corp /De/), Revolving Credit Agreement (Standard Pacific Corp /De/)

Applicability of ISP98. Unless otherwise expressly agreed by the L/C Issuer and the Borrower Revolving Credit Borrowers, when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit), 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) shall apply to each Letter of Credit.

Appears in 3 contracts

Samples: Credit Agreement (Platform Specialty Products Corp), Credit Agreement (Platform Specialty Products Corp), Credit Agreement (Platform Specialty Products Corp)

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

Appears in 2 contracts

Samples: Credit Agreement (Turbochef Technologies Inc), Credit Agreement (Turbochef Technologies Inc)

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

Appears in 2 contracts

Samples: Credit Agreement (Quest Diagnostics Inc), Credit Agreement (Quest Diagnostics Inc)

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

Appears in 2 contracts

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

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

Appears in 2 contracts

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

Applicability of ISP98. Unless otherwise expressly agreed by the L/C Issuer and the relevant Borrower requesting a Letter of Credit when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit)issued, 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) shall apply to each Letter of Credit.

Appears in 2 contracts

Samples: Credit Agreement (PostRock Energy Corp), Credit Agreement (PostRock Energy Corp)

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

Appears in 2 contracts

Samples: Credit Agreement (Watson Wyatt & Co Holdings), Pledge Agreement (Mentor Corp /Mn/)

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

Appears in 2 contracts

Samples: Revolving Credit Agreement (Pan Pacific Retail Properties Inc), Revolving Credit Agreement (Pan Pacific Retail Properties Inc)

Applicability of ISP98. Unless otherwise expressly agreed by the L/C applicable LC Issuer and the Borrower applicable LC Obligor, when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit)issued, 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) shall apply to each Standby Letter of Credit.

Appears in 2 contracts

Samples: Credit Agreement (RBC Bearings INC), Credit Agreement (RBC Bearings INC)

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

Appears in 2 contracts

Samples: Credit Agreement (Psychiatric Solutions Inc), Credit Agreement (Psychiatric Solutions Inc)

Applicability of ISP98. Unless otherwise expressly agreed by the L/C Issuer and the Borrower when a Letter of Credit is issued (including any such agreement and subject to applicable to an Existing Letter of Credit)laws, the rules of the “International Standby Practices 1998” (ISP98) or such later revision as may be published by the Institute International Chamber of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) Commerce shall apply to each Letter of Credit; provided, that with respect to the Existing Letters of Credit, such Letters of Credit shall be governed by the rules of the International Chamber of Commerce set forth therein.

Appears in 2 contracts

Samples: Letter of Credit Reimbursement Agreement (Max Re Capital LTD), Letter of Credit Reimbursement Agreement (Max Re Capital LTD)

Applicability of ISP98. Unless otherwise expressly agreed by the L/C Issuer relevant Xxxxxxx Xxxxxx and the Borrower when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit)issued, 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) shall apply to each Letter of Credit.

Appears in 2 contracts

Samples: Credit Agreement (Quest Diagnostics Inc), Credit Agreement (Quest Diagnostics Inc)

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

Appears in 2 contracts

Samples: Credit Agreement (TRC Companies Inc /De/), Assignment Agreement (TRC Companies Inc /De/)

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

Appears in 2 contracts

Samples: Credit Agreement (MacDermid Group Inc.), Credit Agreement (MacDermid Group Inc.)

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

Appears in 2 contracts

Samples: Credit Agreement (Allied Motion Technologies Inc), Credit Agreement (Allied Motion Technologies Inc)

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

Appears in 2 contracts

Samples: Credit Agreement (FMC Technologies Inc), Credit Agreement (FMC Technologies Inc)

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

Appears in 2 contracts

Samples: Letter of Credit Reimbursement Agreement, Letter of Credit Reimbursement Agreement (Dynegy Inc.)

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

Appears in 2 contracts

Samples: Credit and Reimbursement Agreement (Aes Corp), Credit and Reimbursement Agreement (Aes Corp)

Applicability of ISP98. Unless otherwise expressly agreed by the L/C applicable LC Issuer and the Borrower applicable LC Obligor, when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit), 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) shall apply to each Standby Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement

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

Appears in 1 contract

Samples: Loan Agreement (Rf Monolithics Inc /De/)

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

Appears in 1 contract

Samples: Credit Agreement (Mylan Laboratories Inc)

Applicability of ISP98. Unless otherwise expressly agreed by the L/C Issuer Issuing Bank and the Borrower Account Party, when a any Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit)issued, the rules of the “International Standby Practices 1998, International Chamber of Commerce Publication No. 590” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each standby Letter of Credit.

Appears in 1 contract

Samples: Letter of Credit Reimbursement Agreement (Dynegy Inc.)

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

Appears in 1 contract

Samples: Credit Agreement (Potlatch Corp)

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

Appears in 1 contract

Samples: Credit Agreement (Sunoco Logistics Partners Lp)

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

Appears in 1 contract

Samples: Credit Agreement (Gci Inc)

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

Appears in 1 contract

Samples: Loan Agreement (Rf Monolithics Inc /De/)

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

Appears in 1 contract

Samples: Credit Agreement (Iconix Brand Group, Inc.)

Applicability of ISP98. Unless otherwise expressly agreed by the L/C Issuer and the Borrower when a Letter of Credit is issued (including any such agreement and subject to applicable to an Existing Letter of Credit)laws, the rules of the “International Standby Practices 1998” (ISP98) or the “Uniform Customs and Practices for Documentary Credits (1993) (ICC Publication 500)” or such later revision as may be published by the Institute International Chamber of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) Commerce shall apply to each Letter of Credit.

Appears in 1 contract

Samples: Letter of Credit Reimbursement Agreement (Max Re Capital LTD)

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

Appears in 1 contract

Samples: Credit Agreement (Baker Hughes Inc)

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

Appears in 1 contract

Samples: Credit Agreement (Granite Construction Inc)

Applicability of ISP98. Unless otherwise expressly agreed by the an L/C Issuer and the Borrower when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit), 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 maybe in effect at the time of issuance) shall apply to each Letter of Credit.

Appears in 1 contract

Samples: Day Revolving Credit Agreement (Tyco International LTD /Ber/)

Applicability of ISP98. Unless otherwise expressly agreed by the L/C Issuer Revolving Fronting Bank and the Borrower when a Revolving Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Creditor deemed issued), the rules of the "International Standby Practices 1998" published by the Institute of International Banking Law & and Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each the Revolving Letter of Credit.

Appears in 1 contract

Samples: Reimbursement and Exchange Agreement (Aes Corporation)

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

Appears in 1 contract

Samples: Credit Agreement (Oneok Inc /New/)

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

Appears in 1 contract

Samples: Credit Agreement (Martin Midstream Partners L.P.)

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

Appears in 1 contract

Samples: Revolving Credit Agreement (TRC Companies Inc /De/)

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

Appears in 1 contract

Samples: Credit Agreement (Precision Castparts Corp)

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

Appears in 1 contract

Samples: Assignment and Assumption (WCI Communities, Inc.)

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

Appears in 1 contract

Samples: Multicurrency Credit Agreement (Briggs & Stratton Corp)

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

Appears in 1 contract

Samples: Reimbursement Agreement (Aes Corp)

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

Appears in 1 contract

Samples: Credit Agreement (Catellus Development Corp)

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

Appears in 1 contract

Samples: Credit Agreement (Markwest Hydrocarbon Inc)

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

Appears in 1 contract

Samples: Credit Agreement (Tyco International LTD /Ber/)

Applicability of ISP98. Unless otherwise expressly agreed by the L/C LC Issuer and the Borrower applicable LC Obligor, when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit)issued, 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) shall apply to each such Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (TRC Companies Inc /De/)

Applicability of ISP98. Unless otherwise expressly agreed by the L/C Letter of Credit Issuer and the Borrower when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit)issued, the rules of the International Standby Practices 1998” 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) shall apply to each Letter of Credit.

Appears in 1 contract

Samples: Revolving Credit Agreement (Horton D R Inc /De/)

Applicability of ISP98. Unless otherwise expressly agreed by the L/C Issuer ---------------------- and the Borrower when a Letter of Credit is issued (including any such agreement and subject to applicable to an Existing Letter of Credit)laws, the rules of the "International Standby Practices 1998" (ISP98) or such later revision as may be published by the Institute International Chamber of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) Commerce shall apply to each Letter of Credit; provided, that with respect to the Existing Letters of Credit, such Letters of Credit shall be governed by the rules of the International Chamber of Commerce set forth therein.

Appears in 1 contract

Samples: Amendment Agreement (Max Re Capital LTD)

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

Appears in 1 contract

Samples: Credit Agreement (ResCare Finance, Inc.)

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

Appears in 1 contract

Samples: Loan Agreement (Pinnacle Airlines Corp)

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

Appears in 1 contract

Samples: Credit Agreement (Wells Real Estate Investment Trust Inc)

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

Appears in 1 contract

Samples: Credit Agreement (Cogentrix Energy Inc)

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

Appears in 1 contract

Samples: Credit Agreement (Coinstar Inc)

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

Appears in 1 contract

Samples: Credit Agreement (Cogentrix Energy Inc)

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

Appears in 1 contract

Samples: Credit Agreement (Solectron Corp)

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

Appears in 1 contract

Samples: Credit Agreement (Macdermid Inc)

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

Appears in 1 contract

Samples: Credit Agreement (Movie Gallery Inc)

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

Appears in 1 contract

Samples: Credit Agreement (Accredo Health Inc)

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

Appears in 1 contract

Samples: Credit Agreement (Martin Midstream Partners L.P.)

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

Appears in 1 contract

Samples: Credit Agreement (Gevity Hr Inc)

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

Appears in 1 contract

Samples: Eighth Amendment (Louisiana Pacific Corp)

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

Appears in 1 contract

Samples: Credit Agreement (Quest Diagnostics Inc)

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

Appears in 1 contract

Samples: Credit Agreement (Psychiatric Solutions Inc)

Applicability of ISP98. Unless otherwise specified in an Existing Letter of Credit (or any renewal thereof) or expressly agreed by the L/C Issuer and the Borrower when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit)issued, 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) shall apply to each standby Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Williams Sonoma Inc)

Applicability of ISP98. Unless otherwise expressly agreed by the L/C Issuer relevant Issuing Bank and the Borrower when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit)issued, 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) ), and, to the extent not inconsistent therewith, the law of the State of New York, shall apply to each such Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Bard C R Inc /Nj/)

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

Appears in 1 contract

Samples: Credit Agreement (Bioreliance Corp)

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

Appears in 1 contract

Samples: Revolving Credit Agreement (TRC Companies Inc /De/)

Applicability of ISP98. Unless otherwise expressly agreed by the L/C Issuer and the Borrower when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit), the rules of the "International Standby Practices 1998" published by the Institute of 46 International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) shall apply to each Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Martin Midstream Partners Lp)

Applicability of ISP98. Unless otherwise expressly agreed by the L/C Issuer and ---------------------- the Borrower when a Letter of Credit is issued (including any such agreement and subject to applicable to an Existing Letter of Credit)laws, the rules of the "International Standby Practices 1998" (ISP98) or such later revision as may be published by the Institute International Chamber of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) Commerce shall apply to each Letter of Credit; provided, that with respect to the Existing Letters of Credit, such Letters of Credit shall be governed by the rules of the International Chamber of Commerce set forth therein.

Appears in 1 contract

Samples: Credit Reimbursement Agreement (Max Re Capital LTD)

Applicability of ISP98. Unless otherwise expressly agreed by the L/C Issuer and the Borrower Borrowers when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit)issued, 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) (the “ISP”) shall apply to each Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Smile Brands Group Inc.)

Applicability of ISP98. Unless otherwise expressly agreed by the L/C Issuer Issuing Bank and the Borrower US Borrowers or the Foreign Borrower, as the case may be, when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit)issued, 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) shall apply to each Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Ceradyne Inc)

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

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Granite Construction Inc)

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

Appears in 1 contract

Samples: Letter of Credit Reimbursement Agreement (Max Re Capital LTD)

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

Appears in 1 contract

Samples: Credit Agreement (Darden Restaurants Inc)

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

Appears in 1 contract

Samples: Credit Agreement (CNL Hotels & Resorts, Inc.)

Applicability of ISP98. Unless otherwise expressly agreed by the L/C Issuer Administrative Agent and the Borrower when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit), 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) shall apply to each standby Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (Ipayment Inc)

Applicability of ISP98. Unless otherwise expressly agreed by the L/C Issuer and the Borrower Parent when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit), 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) shall apply to each standby Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (C&d Technologies Inc)

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

Appears in 1 contract

Samples: Credit Agreement (Longview Fibre Co)

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

Appears in 1 contract

Samples: Credit Agreement (Artesyn Technologies Inc)

Applicability of ISP98. Unless otherwise expressly agreed by the L/C Issuer Issuing Bank and the Borrower when a Facility Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit)issued, 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) shall apply to each standby Letter of Credit.

Appears in 1 contract

Samples: Revolving Credit Agreement (LNR Property Corp)

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

Appears in 1 contract

Samples: Credit Agreement (Sunoco Logistics Partners Lp)

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

Appears in 1 contract

Samples: Revolving Credit Agreement (Caci International Inc /De/)

Applicability of ISP98. Unless otherwise expressly agreed by the applicable L/C Issuer and the Borrower Company when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit)issued, 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) shall apply to each standby Letter of Credit.

Appears in 1 contract

Samples: Continuing Agreement (Tribune Publishing Co)

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