LC Disbursements definition

LC Disbursements means payments or disbursements 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.
LC Disbursements means, collectively, the US LC Disbursements and Canadian LC Disbursements.

Examples of LC Disbursements in a sentence

  • The applicable Issuing Lender shall determine the Spot Rates as of each Revaluation Date to be used for calculating Dollar Equivalent amounts of the face amount of Letters of Credit denominated in Permitted Foreign Currencies and of L/C Disbursements in respect thereof.

  • The Borrower unconditionally and irrevocably agrees that, in connection with any Letter of Credit issued for the account of any Subsidiary as provided in this paragraph, it will be fully responsible for the reimbursement of LC Disbursements, the payment of interest thereon and the payment of fees due under Section 2.11(b) to the same extent as if it were the sole account party in respect of such Letter of Credit.


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 3.11(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 means the C $ LC Disbursements and the U.S. $ LC Disbursements.
LC Disbursements. Loan Documents” and “Loans” shall have the meanings specified in the Credit Agreement. 4845-8314-4892v.2 0088333-000202
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