Common use of Applicability of ISP98 Clause in Contracts

Applicability of ISP98. Unless otherwise expressly agreed by the applicable L/C Issuer and the Borrower when a Letter of Credit is issued, the rules of the ISP shall apply to each Letter of Credit and as to all matters not governed thereby, the laws of the State of New York.

Appears in 2 contracts

Sources: Senior Secured First Lien Credit Agreement (Dynatrace Holdings LLC), Senior Secured First Lien Credit Agreement

Applicability of ISP98. Unless otherwise expressly agreed by the applicable L/C Issuer and the Borrower Borrowers when a Letter of Credit is issued, the rules of the ISP shall apply to each Letter of Credit and as to all matters not governed thereby, the laws of the State of New York.

Appears in 1 contract

Sources: Senior Secured First Lien Credit Agreement (Project Angel Parent, LLC)