Common use of Uniform Customs and Practice Clause in Contracts

Uniform Customs and Practice. The Uniform Customs and Practice for Documentary Credits as most recently published by the International Chamber of Commerce (the “Uniform Customs”) shall in all respects apply to each Letter of Credit unless expressly provided to the contrary therein and shall be deemed for such purpose to be a part of this Agreement as if fully incorporated herein. In the event of any conflict or inconsistency between the Uniform Customs and the governing law of this Agreement, the Uniform Customs shall, to the extent permitted by applicable law, prevail to the extent necessary to remove the conflict or inconsistency.

Appears in 5 contracts

Samples: Credit Agreement (Hammerhead Energy Inc.), Credit Agreement (Enerflex Ltd.), Credit Agreement (Nexen Inc)

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Uniform Customs and Practice. The Uniform Customs and Practice for Loan Documentary Credits as most recently published by the International Chamber of Commerce (the “Uniform Customs”) shall in all respects apply to each Letter of Credit unless expressly provided to the contrary therein and shall be deemed for such purpose to be a part of this Agreement as if fully incorporated herein. In the event of any conflict or inconsistency between the Uniform Customs and the governing law of this Agreement, the Uniform Customs shall, to the extent permitted by applicable lawApplicable Law, prevail to the extent necessary to remove the conflict or inconsistency.

Appears in 3 contracts

Samples: Credit Agreement (Powell Industries Inc), Credit Agreement (North American Energy Partners Inc.), Credit Agreement (Powell Industries Inc)

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Uniform Customs and Practice. The Uniform Customs and Practice for Documentary Credits as most recently published by the International Chamber of Commerce (the "Uniform Customs") shall in all respects apply to each Letter of Credit unless expressly provided to the contrary therein and shall be deemed for such purpose to be a part of this Agreement as if fully incorporated herein. In the event of any conflict or inconsistency between the Uniform Customs and the governing law of this Agreement, the Uniform Customs shall, to the extent permitted by applicable law, prevail to the extent necessary to remove the conflict or inconsistency.

Appears in 3 contracts

Samples: Credit Agreement (Hammerhead Energy Inc.), Credit Agreement, Credit Agreement (Baytex Energy Corp.)

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