LC Disbursements definition

LC Disbursements means payments or disbursements made by an Issuing Bank pursuant to a Letter of Credit.
LC Disbursements means any payment made by an Issuing Bank pursuant to a Letter of Credit.
LC Disbursements means, collectively, the Dollar LC Disbursements and the Multi-Currency LC Disbursements.

Examples of LC Disbursements in a sentence

  • For the avoidance of the doubt, each of the Revolving Lender’s obligations to reimburse LC Disbursements in respect of Letters of Credit that expire after the Letter of Credit Expiration Date shall terminate in full on the Maturity Date.

  • Moneys in the LC Collateral 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 Borrowers for the LC Exposure at such time or, if the maturity of the Loans has been accelerated, be applied to satisfy other Secured Obligations.


More Definitions of LC Disbursements

LC Disbursements means a payment made by an Issuing Bank pursuant to a Letter of Credit.
LC Disbursements means, collectively, the US LC Disbursements and Canadian LC Disbursements.
LC Disbursements has the meaning assigned to such term in the Antero Resources Credit Agreement.
LC Disbursements means the Revolving LC Disbursements and the Revenue Xxxx XX Disbursements.
LC Disbursements. Loan Documents” and “Loans” shall have the meanings specified in the Credit Agreement.
LC Disbursements has the meaning ascribed to it in Section 3.10(l);
LC Disbursements means payments or disbursements made by an Issuing Bank pursuant to a Letter of Credit. “Lead Arranger” shall mean J.P. Morgan Securities LLC.