Common use of Uniform Customs and Practice and Uniform Commercial Code Clause in Contracts

Uniform Customs and Practice and Uniform Commercial Code. The Uniform Customs and Practice for Documentary Credits as published by the International Chamber of Commerce ("UCP") 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. Without limiting the foregoing, to the extent not addressed in the UCP, the UCC shall (unless otherwise expressly provided in the Letters of Credit) apply to the Letters of Credit.

Appears in 3 contracts

Samples: Credit Agreement (Clark Refining & Marketing Inc), Credit Agreement (Premcor Inc), Credit Agreement (Premcor Refining Group Inc)

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Uniform Customs and Practice and Uniform Commercial Code. The -------------------------------------------------------- Uniform Customs and Practice for Documentary Credits as published by the International Chamber of Commerce ("UCP") 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. Without limiting the foregoing, to the extent not addressed in the UCP, the UCC shall (unless otherwise expressly provided in the Letters of Credit) apply to the Letters of Credit.

Appears in 1 contract

Samples: Credit Agreement (Clark Refining & Marketing Inc)

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Uniform Customs and Practice and Uniform Commercial Code. The Uniform Customs and Practice for Documentary Credits as published by the International Chamber of Commerce ("UCP") most recently at the time of Issuance of any each Letter of Credit shall (unless otherwise expressly provided in the Letters such Letter of Credit) apply to the Letters such Letter of Credit. Without limiting the foregoing, to the extent not addressed in the UCP, the UCC shall (unless otherwise expressly provided in the Letters a Letter of Credit) apply to the such Letters of Credit.

Appears in 1 contract

Samples: Letter of Credit Reimbursement Agreement (Premcor Refining Group Inc)

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