US Letter of Credit Disbursement definition

US Letter of Credit Disbursement means a payment by Issuing Lender or Underlying Issuer pursuant to a US Letter of Credit.
US Letter of Credit Disbursement a Letter of Credit Disbursement made pursuant to a U.S. Letter of Credit.

Related to US Letter of Credit Disbursement

  • Letter of Credit Disbursement means a payment made by Issuing Bank pursuant to a Letter of Credit.

  • U.S. Letter of Credit means any Letter of Credit issued hereunder for the purpose of providing credit support for any U.S. Borrower, any Domestic Subsidiary or any Foreign Subsidiary.

  • Canadian Letter of Credit means a Letter of Credit that is issued pursuant to this Agreement for the account of the Canadian Borrower.

  • Revolving Letter of Credit means a letter of credit issued by a Revolving Fronting Bank pursuant to Section 2.03(a) and shall also include each Existing Letter of Credit.