LC Disbursements definition

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

Examples of LC Disbursements in a sentence

  • All payments of principal and interest on the Loans and all LC Disbursements shall be payable at the offices of Bank in Indianapolis, Indiana, in funds available for Bank’s immediate use in that city or at such other location as Bank may direct in writing.

  • Moneys in the LC Collateral Account shall be applied by Bank to 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 Borrowers for the LC Exposure at such time or, if the maturity of the Loans has been accelerated, be applied to satisfy other 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 Bxxx 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.