Common use of Applicability of ISP98 Clause in Contracts

Applicability of ISP98. Unless otherwise expressly agreed by the SPV and any Letter of Credit Issuer (solely with respect to Letters of Credit issued by it), when a Letter of Credit is issued the rules of the ISP shall apply to each Letter of Credit.

Appears in 4 contracts

Samples: Transfer and Administration Agreement (Valvoline Inc), Transfer and Administration Agreement (Ashland Inc.), Transfer and Administration Agreement (Ashland Inc.)

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Applicability of ISP98. Unless otherwise expressly agreed by the SPV and any Letter of Credit Issuer (solely with respect to Letters of Credit issued by it), and a Borrower Party when a Letter of Credit is issued issued, the rules of the ISP shall apply to each Letter of Credit.

Appears in 2 contracts

Samples: Credit Agreement (Acadia Realty Trust), Revolving Credit Agreement (Acadia Realty Trust)

Applicability of ISP98. Unless otherwise expressly agreed by the SPV and any Letter of Credit Issuer (solely with respect to Letters of Credit issued by it), 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 1 contract

Samples: Revolving Credit Agreement (Nuveen Churchill Direct Lending Corp.)

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Applicability of ISP98. Unless otherwise expressly agreed by the SPV and any Letter of Credit Issuer (solely with respect to Letters of Credit issued by it), and the applicable Borrower when a Letter of Credit is issued the rules of the ISP shall apply to each standby Letter of Credit.

Appears in 1 contract

Samples: Credit Agreement (New England Realty Associates Limited Partnership)

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