Common use of Applicability of ISP Clause in Contracts

Applicability of ISP. Unless otherwise expressly agreed by the L/C Issuer and the Borrower when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit), the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) (the “ISP”) shall apply to each standby Letter of Credit.

Appears in 13 contracts

Sources: Credit Agreement (EQT Corp), Extension Agreement and First Amendment to Second Amended and Restated Credit Agreement (EQT Corp), Credit Agreement (EQT Corp)

Applicability of ISP. Unless otherwise expressly agreed by the L/C Issuer applicable Issuing Bank and the Borrower when a standby Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit)issued, the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) (the “ISP”) shall apply to each such standby Letter of Credit.

Appears in 10 contracts

Sources: Abl Revolving Credit Agreement (Domtar CORP), First Lien Credit Agreement (Mister Car Wash, Inc.), Credit Agreement (Hornbeck Offshore Services Inc /La)

Applicability of ISP. Unless otherwise expressly agreed by the L/C Issuer and the Borrower when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit)issued, the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) (the “ISP”) shall apply to each standby Letter of Credit.

Appears in 8 contracts

Sources: Credit Agreement (Oneok Inc /New/), Credit Agreement (Oneok Inc /New/), Credit Agreement (ONE Gas, Inc.)

Applicability of ISP. Unless otherwise expressly agreed by the L/C Issuer applicable Issuing Bank and the Borrower when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit)issued, the rules of the “International Standby Practices 1998” 1998 published by the Institute of International Banking Law & Practice Practice, Inc. (or such later version thereof as may be in effect at the time of issuance) (the “ISP”) shall apply to each standby Letter of Credit.

Appears in 7 contracts

Sources: Credit Agreement (Millrose Properties, Inc.), Credit Agreement (Forestar Group Inc.), Credit Agreement (Horton D R Inc /De/)

Applicability of ISP. Unless otherwise expressly agreed by the L/C Issuer Issuing Bank and the Borrower when a standby Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit)issued, the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) (the “ISP”) shall apply to each such standby Letter of Credit.

Appears in 5 contracts

Sources: First Lien Credit Agreement (Advantage Solutions Inc.), Credit Agreement (Impax Laboratories Inc), Credit Agreement (Impax Laboratories Inc)

Applicability of ISP. Unless otherwise expressly agreed by the L/C Issuer and the Borrower when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit), ) the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) (the “ISP”) shall apply to each standby Letter of Credit.

Appears in 4 contracts

Sources: Credit Agreement (ONEOK Partners LP), Credit Agreement (Oneok Inc /New/), Credit Agreement (Oneok Inc /New/)

Applicability of ISP. Unless otherwise expressly agreed by the L/C Issuer applicable Issuing Bank and the Borrower when a standby Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit)issued, the rules of the International Standby Practices 1998published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) (the “ISP”) shall apply to each such standby Letter of Credit.

Appears in 4 contracts

Sources: Credit Agreement (Allegro Microsystems, Inc.), Credit Agreement (Allegro Microsystems, Inc.), Credit Agreement (Allegro Microsystems, Inc.)

Applicability of ISP. Unless otherwise expressly agreed by the applicable L/C Issuer and the Borrower when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit)issued, the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) (the “ISP”) shall apply to each standby Letter of Credit.

Appears in 3 contracts

Sources: Incremental Facility and Amendment Agreement (Noble Midstream Partners LP), Credit Agreement (Noble Midstream Partners LP), Credit Agreement (Noble Midstream Partners LP)

Applicability of ISP. Unless otherwise expressly agreed by the L/C Issuer and the Borrower when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit)issued, the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) (the “ISP”) shall apply to each standby Letter of Credit.

Appears in 3 contracts

Sources: Revolving Credit Agreement (Equitable Resources Inc /Pa/), Revolving Credit Agreement (EQT Corp), Revolving Credit Agreement (Equitable Resources Inc /Pa/)

Applicability of ISP. Unless otherwise expressly agreed by the L/C Issuer applicable Issuing Bank and the US Borrower when a standby Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit)issued, the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) (the “ISP”) shall apply to each such standby Letter of Credit.

Appears in 3 contracts

Sources: Credit Agreement (Savers Value Village, Inc.), Credit Agreement (Savers Value Village, Inc.), Credit Agreement (Savers Value Village, Inc.)

Applicability of ISP. Unless otherwise expressly agreed by the an applicable L/C Issuer and the Borrower when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit)issued, the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) (the “ISP”) shall apply to each standby Letter of Credit.

Appears in 3 contracts

Sources: Credit Agreement (ONE Gas, Inc.), Credit Agreement (ONE Gas, Inc.), Credit Agreement (ONE Gas, Inc.)

Applicability of ISP. Unless Except as expressly provided in this Agreement or as otherwise expressly agreed by the L/C Issuer applicable Issuing Bank and the applicable Borrower when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit)issued, the rules of the ISP shall apply to such Letter of Credit. “ISP” means, with respect to any Letter of Credit, the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice Practice, Inc. (or such later version thereof as may be in effect at the time of issuance) (the “ISP”) shall apply to each standby Letter of Credit).

Appears in 2 contracts

Sources: Credit Agreement (Marsh & McLennan Companies, Inc.), Credit Agreement (Marsh & McLennan Companies, Inc.)

Applicability of ISP. Unless otherwise expressly agreed by the L/C Issuer and the Borrower when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit)issued, the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice Practice, Inc. (or such later version thereof as may be in effect at the time of issuance) (the “ISP”) shall apply to each standby Letter of Credit.

Appears in 2 contracts

Sources: Credit Agreement (Jefferson Capital, Inc. / DE), Credit Agreement (CompuCredit Holdings Corp)

Applicability of ISP. Unless otherwise expressly agreed by the L/C Issuer applicable Issuing Bank and the Borrower when a standby Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit)issued, the rules of the International Standby Practices 1998published by the Institute International Chamber of International Banking Law & Practice Commerce Publication 590 (or such later version thereof as may be in effect at the time of issuance) (the “ISP”) shall apply to each such standby Letter of Credit.

Appears in 2 contracts

Sources: Credit Agreement (Ironwood Pharmaceuticals Inc), Credit Agreement (Ironwood Pharmaceuticals Inc)

Applicability of ISP. Unless otherwise expressly agreed by the L/C Issuer and the Borrower when a Letter of Credit is issued (including any such agreement applicable to an Existing a Letter of CreditCredit existing as of the Closing Date), the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) (the “ISP”) shall apply to each standby Letter of Credit.

Appears in 2 contracts

Sources: Credit Agreement (Equitrans Midstream Corp), Third Amended and Restated Credit Agreement (Equitrans Midstream Corp)

Applicability of ISP. Unless otherwise expressly agreed by the applicable L/C Issuer and the Borrower when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit), the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) (the “ISP”) shall apply to each standby Letter of Credit.

Appears in 1 contract

Sources: Credit Agreement (Noble Midstream Partners LP)

Applicability of ISP. Unless otherwise expressly agreed by the L/C Issuer and the Borrower when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit), the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) (the “ISP”) shall apply to each standby Letter of Credit.

Appears in 1 contract

Sources: Credit Agreement (Orbital Sciences Corp /De/)

Applicability of ISP. Unless otherwise expressly agreed by the L/C Issuer and the Borrower when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit)issued, the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) (the “ISP”) shall apply to each standby such Letter of Credit.

Appears in 1 contract

Sources: Credit Agreement (IPC the Hospitalist Company, Inc.)

Applicability of ISP. Unless otherwise expressly agreed by the L/C Issuer Issuing Bank and the Borrower when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit)issued, the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) (the “ISP”) shall apply to each standby Letter of Credit.

Appears in 1 contract

Sources: Credit Agreement (Triple Crown Media, Inc.)

Applicability of ISP. Unless otherwise expressly agreed by the applicable L/C Issuer and the Borrower when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit)issued, the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) (the “ISP”) shall apply to each standby Letter of Credit.

Appears in 1 contract

Sources: Credit Agreement (Noble Midstream Partners LP)

Applicability of ISP. Unless otherwise expressly agreed by the L/C LC Issuer and the Borrower applicable LC Obligor, when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit), the rules of the “International Standby Practices 1998” published by the Institute of International Banking Law & Practice (or such later version thereof as may be in effect at the time of issuance) (the “ISP”) shall apply to each standby Letter of Credit.

Appears in 1 contract

Sources: Credit Agreement (Epiq Systems Inc)