L/C Disbursements definition

L/C Disbursements a payment or disbursement made by the Issuing Lender pursuant to a Letter of Credit.
Sample 1Sample 2Sample 3
L/C Disbursements as defined in Section 3.4(a).
Sample 1Sample 2Sample 3
L/C Disbursements means a payment or disbursement made by any L/C Lender pursuant to a Letter of Credit.
Sample 1Sample 2Sample 3

Examples of L/C 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 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.

  • 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 applicable Issuing Bank(s) 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.

  • After the title to any such lands against which the state holds tax certificates becomes vested in the county as provided by this law, the county may sell such lands in the same manner as provided in s.


More Definitions of L/C Disbursements

L/C Disbursements means the Dollar L/C Disbursements and the Multicurrency L/C Disbursements.
Sample 1Sample 2Sample 3
L/C Disbursements has the meaning specified in Section 12.19(b).
Sample 1Sample 2Sample 3
L/C Disbursements has the meaning given to that term in Section 3.09(b).
Sample 1Sample 2Sample 3
L/C Disbursements drawings under Letters of Credit which have not then been reimbursed pursuant to Section 3.5
Sample 1Sample 2
L/C Disbursements means Tranche A L/C Disbursements and Revolving L/C Disbursements.
Sample 1Sample 2
L/C 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.
Sample 1
L/C Disbursements means a payment or disbursement made by Issuing Bank pursuant to a Letter of Credit. “Letter of Credit” means a letter of credit issued under this Agreement.
Sample 1