Common use of EFFECT OF APPLICABLE LAW OR CUSTOM Clause in Contracts

EFFECT OF APPLICABLE LAW OR CUSTOM. All Letters of Credit issued hereunder will, except to the extent otherwise expressly provided, be governed by the Uniform Customs and Practice for Documentary Credits (1993 Revision), International Chamber of Commerce Publication No. 500, and any subsequent revisions thereof.

EFFECT OF APPLICABLE LAW OR CUSTOM. All Letters of Credit issued hereunder will, except to the extent otherwise expressly provided, be governed by the Uniform Customs and Practice for Documentary Credits (1993 Revision)Credits, International Chamber of Commerce Publication No. 500, and any subsequent revisions thereofCommercein force at the time of issuance of the Letter of Credit.