International Standby Practices Sample Clauses

International Standby Practices. Except to the extent it is inconsistent with the express terms of this Letter of Credit, this Letter of Credit is subject to the International Standby Practices 98 (ISP98), ICC Publication No.
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International Standby Practices. The International Standby Practices 1998 ISP 98 published by the Institute of International Banking Law & Practice most recently at the time of issuance of any standby Letter of Credit shall apply to each such Letter of Credit.
International Standby Practices. The International Standby Practices as published by the International Chamber of Commerce most recently at the time of issuance of any Letter of Credit shall (unless otherwise expressly provided in the Letters of Credit) apply to the Letters of Credit.
International Standby Practices. The Bank may issue Letters of Credit subject to Rules on International Standby Practices (ISP98), as adopted as of the date of issue by the International Chamber of Commerce (the “ISP”), in which case the ISP may be incorporated therein and deemed in all respects to be a part thereof.
International Standby Practices. The L/C Issuer may have the Letters of Credit be subject to Rules on International Standby Practices (ISP98), as adopted as of the date of issue by the International Chamber of Commerce (the "ISP"), in which case the ISP may be incorporated therein and deemed in all respects to be a part thereof.
International Standby Practices. With respect to any standby Letter of ------------------------------- Credit, International Standby Practices (ISP98), International Chamber of Commerce Publication No. 590, or any successor code of standby letter of credit practices among banks adopted by the Bank in the ordinary course of its business as a standby letter of credit issuer and in effect at the time of issuance of such Letter of Credit.
International Standby Practices. Unless otherwise expressly agreed by an Ixxxxxx Xxxxxx and the Borrower when a Letter of Credit is issued by such Issuing Lender, the rules of the International Standby Practices shall be stated therein to apply to each standby Letter of Credit. Notwithstanding the foregoing, no Issuing Lender shall be responsible to the Borrower for, and such Issuing Lender’s rights and remedies against the Borrower shall not be impaired by, any action or inaction of such Issuing Lender required or permitted under any law, order, or practice that is required or permitted to be applied to any Letter of Credit or this Agreement, including the laws or any order of a jurisdiction where such Issuing Lender or the beneficiary is located, the practice stated in the International Standby Practices or Uniform Customs and Practice for Documentary Credits, as applicable, or in the decisions, opinions, practice statements, or official commentary of the International Chamber of Commerce Banking Commission, the Bankers Association for Finance and Trade, or the Institute of International Banking Law & Practice, whether or not any Letter of Credit chooses such laws or practice rules.
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International Standby Practices. In-Transit Alumina. Alumina owned by any Borrower, which otherwise qualifies as Eligible Inventory, and which is being transported within the United States by an Approved Shipper to one or more Permitted Inventory Locations owned or leased by such Borrower and such alumina is insured in a manner reasonably acceptable to the Agent.
International Standby Practices. The Agent may have the Letters of Credit be subject to International Standby Practices, as published as of the date of issue by the International Chamber of Commerce (Publication No. 590 or the most recent publication, the "ISP 98"), in which case the ISP 98 may be incorporated therein and deemed in all respects to be a part thereof.
International Standby Practices. With respect to any standby Letter of Credit, International Standby Practices (ISP98) as promulgated by the Institute of International Banking Law & Practice, Inc., or any successor code of standby letter of credit practices among banks adopted by the Issuing Bank in the ordinary course of its business as a standby letter of credit issuer and in effect at the time of issuance of such Letter of Credit. In-Transit Alumina. Alumina owned by any Borrower, which otherwise qualifies as Eligible Inventory, and which is being transported within the United States by an Approved Shipper to one or more Permitted Inventory Locations owned or leased by such Borrower and such alumina is insured in a manner reasonably acceptable to the Agent.
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