Common use of Applicability of UCP Clause in Contracts

Applicability of UCP. Subject to applicable law, unless otherwise expressly agreed by the Bank and the Parent when a Letter of Credit is issued, performance under Letters of Credit by the Bank, its correspondents, and beneficiaries will be governed by the rules of the Uniform Customs and Practice for Documentary Credits, as published in its most recent version by the International Chamber of Commerce (the “ICC”) on the date any commercial Letter of Credit is issued, and including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro).

Applicability of UCP. Subject to applicable law, unless otherwise expressly agreed by the Bank and the Parent when a Letter of Credit is issued, performance under Letters of Credit by the Bank, its correspondents, and beneficiaries will be governed by the rules of the Uniform Customs and Practice for Documentary Credits, as published in its most recent version by the International Chamber of Commerce (the “"ICC”") on the date any commercial Letter of Credit is issued, and including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro).

Applicability of UCP. Subject to applicable law, unless Unless otherwise expressly agreed by the an Issuing Bank and the Parent Borrower, when a Letter of Credit is issuedissued (including any such agreement applicable to an Existing Letter of Credit), performance under Letters of Credit by the Bank, its correspondents, and beneficiaries will be governed by the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published in its most recent version by the International Chamber of Commerce (the “ICC”) on at the date any commercial Letter time of Credit is issued, and issuance (including the ICC decision Decision published by the Commission on Banking Technique and Practice on April 6, 1998 1998, regarding the European single currency (euro)) shall apply to each Letter of Credit.

Applicability of UCP. Subject to applicable law, unless Unless otherwise expressly agreed by the Bank L/C Issuer and the Parent Borrower when a Letter of Credit is issued, performance under Letters of Credit by the Bank, its correspondents, and beneficiaries will be governed by the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published in its most recent version by the International Chamber of Commerce (the “ICC”) on at the date any commercial Letter time of Credit is issued, and issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euroEuro)) shall apply to each Letter of Credit.

Applicability of UCP. Subject to applicable law, unless Unless otherwise expressly agreed by the Bank L/C Issuer and the Parent Borrower when a Letter of Credit is issuedissued (including any such agreement applicable to an Existing Letter of Credit), performance under Letters of Credit by the Bank, its correspondents, and beneficiaries will be governed by the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published in its most recent version by the International Chamber of Commerce (the “"ICC”") on at the date any commercial Letter time of Credit is issued, and issuance (including the ICC decision published by the Commission on Banking Technique and Practice on April 6, 1998 regarding the European single currency (euro)) shall apply to each commercial Letter of Credit.