Common use of CREDIT CHOICE OF LAW Clause in Contracts

CREDIT CHOICE OF LAW. If, at the Company’s request, a Credit expressly chooses a state or country law other than New York, U.S.A. or English law, or is silent with respect to the UCP, the ISP or a governing law, CEP shall not be liable for any payment, cost, expense or loss resulting from any action or inaction it takes provided such action or inaction is justified under UCP, ISP, New York law, English law or the law governing the Credit.

CREDIT CHOICE OF LAW. If, at the a Company’s request, a Credit expressly chooses a state or country law other than New York, U.S.A. or English law, or is silent with respect to the UCP, the ISP or a governing law, CEP shall not be liable for any payment, cost, expense or loss resulting from any action or inaction it takes provided such action or inaction is justified under UCP, ISP, New York law, English law or the law governing the Credit.

CREDIT CHOICE OF LAW. If, at the CompanyCompany or Flagstone Re’s request, a Credit expressly chooses a state or country law other than New York, U.S.A. or English Luxembourg law, or is silent with respect to the UCP, the ISP or a governing law, CEP shall not be liable for any payment, cost, expense or loss resulting from any action or inaction it takes provided such action or inaction is justified under UCP, ISP, New York law, English Luxembourg law or the law governing the Credit.

CREDIT CHOICE OF LAW. If, at the a Company’s request, a Credit expressly chooses a state or country law other than New York, U.S.A. or English law, or is silent with respect to the UCP, the ISP or a governing law, CEP shall not be liable for any payment, cost, expense or loss resulting from any action or inaction it takes provided such action or inaction is justified in the circumstances under UCP, ISP, New York law, English law or the law governing the Credit.