LC Disbursements definition

LC Disbursements means any payment made by an Issuing Bank pursuant to a Letter of Credit.

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LC Disbursements means, collectively, the Dollar LC Disbursements and the Multi-Currency LC Disbursements.

LC Disbursements means, collectively, the US LC Disbursements and Canadian LC Disbursements.

Examples of LC Disbursements in a sentence

• The Borrower shall be irrevocably and unconditionally obligated to reimburse the Issuing Bank for any LC Disbursements paid by the Issuing Bank in respect of such drawing, without presentment, demand or other formalities of any kind.

• Moneys in such account shall be applied by the Administrative Agent to reimburse the Issuing Bank for LC Disbursements for which it has not been reimbursed and, to the extent not so applied, shall be held for the satisfaction of the reimbursement obligations of the Borrower for the LC Exposure at such time or, if the maturity of the Loans has been accelerated, be applied to satisfy other obligations of the Borrower and the Guarantors under this Agreement or the other Loan Documents.

• Moneys in such account shall be applied by the Administrative Agent to reimburse the Issuing Bank for LC Disbursements for which it had not been reimbursed and to the extent so applied, shall be held for the satisfaction of the reimbursement obligations of the Borrower for the LC Exposure at such time or, if the maturity of the Loans has been accelerated, with the consent of the Required Lenders, be applied to satisfy other obligations of the Borrower under this Agreement and the other Loan Documents.

• The Borrower shall make each payment required to be made by it hereunder (whether of principal, interest, fees or reimbursement of LC Disbursements, or of amounts payable under Section 5.01, Section 5.02, Section 5.03 or otherwise) prior to 12:00 noon, New York City time, on the date when due, in immediately available funds, without defense, deduction, recoupment, set-off or counterclaim.

• Without limiting the generality of the foregoing, it is expressly understood and agreed that the absolute and unconditional obligation of the Borrower hereunder to reimburse L/C Disbursements will not be excused by the gross negligence or wilful misconduct of the Issuing Bank.

More Definitions of LC Disbursements

LC Disbursements has the meaning assigned to such term in the Antero Resources Credit Agreement.

LC Disbursements has the meaning ascribed to it in Section 3.10(l);

LC Disbursements means the Revolving LC Disbursements and the Revenue B▇▇▇ ▇▇ Disbursements.

LC Disbursements. “Loan Documents” and “Loans” shall have the meanings specified in the Credit Agreement.

LC Disbursements. (as defined in the First Lien Credit Agreement) as of the Closing Date, plus (ii) the aggregate outstanding principal amount of the “Loans” (as defined in the Second Lien Credit Agreement) as of the Closing Date, plus (iii) the aggregate principal amount of the 7.125% Senior Secured Notes due 2031 as of the Closing Date which Credit Documents Principal Repayment Amount shall be allocated, as elected in Credit Documents Closing Letter in the sole and absolute discretion of the Company, for use in repaying, in the aggregate, an amount in respect of any of (A) the “Initial Term Loans” (as defined in the First Lien Credit Agreement), (B) “Revolving Loans” (as defined in the First Lien Credit Agreement, (C) the “Initial Term Loans” (as defined in the Second Lien Credit Agreement) and/or (D) the “Notes” (as defined in the Indenture) equal in the aggregate to the Credit Documents Principal Repayment Amount (such allocated amount, the “Identified Principal Repayment”). “Cybersecurity Measures” means (a) any measures enacted or regulations promulgated by a Governmental Entity relating to cybercrime, cyberterrorism, ransomware, malware, privacy or the protection of personal data that are applicable to the Company and its Subsidiaries and (b) any measures, changes in business operations or other practices, affirmative or negative, adopted in good faith by the Company and its Subsidiaries in response to a Security Incident, for the protection of its IT Assets or any stored Personal Information. “Debt Financing Sources” means the entities that are party to any Debt Financing Commitment Letter and any other entity, in each case, that has committed to provide, underwrite or arrange or act as an administrative or facility agent in respect of all or any part of the Debt Financing (or any credit facilities or debt securities being issued in lieu of any portion of the Debt Financing) in connection with the transactions contemplated by this Agreement, including any arranger, agent, lender, underwriter, initial purchaser or investor that is a party to any

LC Disbursements. “Loan Documents” and “Loans” shall have the meanings specified in the Credit Agreement. 4845-8314-4892v.2 0088333-000202

LC Disbursements means the C $ LC Disbursements and the U.S. $ LC Disbursements.