Common use of Applicability of ISP98 Clause in Contracts

Applicability of ISP98. Unless otherwise expressly agreed by the Issuing Lender and Borrower when a Letter of Credit is issued, performance under Letters of Credit by the Issuing Lender, its correspondents, and beneficiaries will be governed by the rules of the "International Standby Practices 1998" (ISP98) or such later revision as may be published by the International Chamber of Commerce.

Appears in 2 contracts

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

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Applicability of ISP98. Unless otherwise expressly agreed by the Issuing Lender ---------------------- Bank and the Borrower when a Letter of Credit is issuedissued and subject to applicable laws, performance under Letters of Credit by the Issuing LenderBank, its correspondents, and beneficiaries will be governed by the rules of the "International Standby Practices 1998" (ISP98) or such later revision as may be published by the International Chamber of Commerce.

Appears in 1 contract

Samples: Multicurrency Credit Agreement (Apw LTD)

Applicability of ISP98. Unless otherwise expressly agreed by the Issuing Lender and Borrower when a Letter of Credit is issued, performance under Letters of Credit by the Issuing Lender, its correspondents, and beneficiaries will be governed by the rules of the "International Standby Practices 1998" (ISP98) or such later revision as may be published by the International Chamber of CommerceCommerce (the “ICC”).

Appears in 1 contract

Samples: Credit Agreement (California Pizza Kitchen Inc)

Applicability of ISP98. Unless otherwise expressly agreed by the Issuing Lender and the Borrower when a Letter of Credit is issuedissued and subject to applicable laws, performance under Letters of Credit by the Issuing Lender, its correspondents, and beneficiaries will be governed by the rules of the "International Standby Practices 1998" (ISP98) or such later revision as may be published by the International Chamber of CommerceISP.

Appears in 1 contract

Samples: Credit Agreement (Chalone Wine Group LTD)

Applicability of ISP98. Unless otherwise expressly agreed by the Issuing Lender Bank and the Borrower when a Letter of Credit is issuedissued and subject to applicable laws, performance under Letters of Credit by the Issuing LenderBank, its correspondents, and beneficiaries will be governed by the rules of the "International Standby Practices 1998" (ISP98) or such later revision as may be published by the International Chamber of Commerce.

Appears in 1 contract

Samples: Multicurrency Credit Agreement (Apw LTD)

Applicability of ISP98. Unless otherwise expressly agreed by the Issuing ---------------------- Lender and the Borrower when a Letter of Credit is issuedissued and subject to applicable laws, performance under Letters such Letter of Credit by the Issuing Lender, its correspondents, and beneficiaries will be governed by the rules of the "International Standby Practices 1998" (ISP98) or such later revision as may be published by the International Chamber of Commerce.

Appears in 1 contract

Samples: Post Petition Multicurrency Superpriority Credit Agreement (Apw LTD)

Applicability of ISP98. Unless otherwise expressly agreed by the Issuing Lender and Borrower when a Letter of Credit is issued, performance under Letters of Credit by the Issuing Lender, its correspondents, and beneficiaries will be governed by the rules of the "International Standby Practices 1998" (ISP98) or such later revision as may be published by the International Chamber of Commerce.Commerce (the "ICC"). ---

Appears in 1 contract

Samples: Credit Agreement (California Pizza Kitchen Inc)

Applicability of ISP98. Unless otherwise expressly agreed by the Issuing Lender and Borrower when a Letter Borrower, if any standby letter of Credit credit is issuedissued by Lender for Borrower's account, performance under Letters such standby letter of Credit credit by the Issuing Lender, its correspondents, and beneficiaries will be governed by the rules of the "International Standby Practices 1998" (ISP98) or such later revision as may be published by the International Chamber of Commerce.

Appears in 1 contract

Samples: Loan Agreement (Key Technology Inc)

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Applicability of ISP98. Unless otherwise expressly agreed by the Issuing Lender and Borrower when a Letter of Credit is issuedissued and subject to applicable laws, performance under Letters of Credit by the Issuing Lender, its correspondents, and beneficiaries will be governed by the rules of the "International Standby Practices 1998" ("ISP98") or such later revision as may be published by the Institute of International Chamber of CommerceBanking Law & Practice, subject to applicable laws.

Appears in 1 contract

Samples: Credit Agreement (Tech Data Corp)

Applicability of ISP98. Unless otherwise expressly agreed by the Issuing Lender ---------------------- Bank and Borrower the Parent when a Letter of Credit is issuedissued and subject to applicable laws, performance under Letters of Credit by the Issuing LenderBank, its correspondents, and beneficiaries will be governed by the rules of the "International Standby Practices 1998" (ISP98) or such later revision as may be published by the International Chamber Xxxxxxxx of Commerce.

Appears in 1 contract

Samples: Credit Agreement (Apw LTD)

Applicability of ISP98. Unless otherwise expressly agreed by the Issuing Lender and the Borrower when a Letter of Credit is issuedissued and subject to applicable laws, performance under Letters of Credit by the Issuing Lender, its correspondents, and beneficiaries will be governed by the rules of the "International Standby Practices 1998" (ISP98) or such later revision as may be published by the Institute of International Chamber Banking Law & Practice on any date any standby Letter of CommerceCredit may be issued.

Appears in 1 contract

Samples: Credit Agreement (Chalone Wine Group LTD)

Applicability of ISP98. Unless otherwise expressly agreed by the Issuing Lender and Borrower when a Letter of Credit is issued, performance under Letters of Credit by the Issuing Lender, its correspondents, and beneficiaries will be governed by with respect to standby Letters of Credit, the rules of the "International Standby Practices 1998" (ISP98) or such later revision as may be published by the International Chamber of CommerceCommerce (the "ICC").

Appears in 1 contract

Samples: Credit Agreement (Newmark Homes Corp)

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