Define: LC Disbursement

What does "LC Disbursement" mean? The meaning differs based on the contract. We found 6 definitions across 7 companies in SEC filings.

Definition 1 (Tesla, Inc., seen in 4 filings)

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

Source: Tesla, Inc. 10-K

Definition 2 (Air Products & Chemicals, Inc., seen in 1 filing)

LC Disbursement means a payment made by any Issuer pursuant to a Letter of Credit.

Source: Air Products & Chemicals, Inc. 10-K

Definition 3 (BROWN & BROWN, INC., seen in 1 filing)

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

Source: BROWN & BROWN, INC. 10-K

Definition 4 (AMEREN CORP, seen in 1 filing)

LC Disbursement means any payment made by an Issuing Bank under a Letter of Credit.

Source: AMEREN CORP 10-K

Definition 5 (CUMMINS INC, seen in 1 filing)

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

Source: CUMMINS INC 8-K

Definition 6 (Diamondback Energy, Inc., seen in 1 filing)

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

Source: Diamondback Energy, Inc. 8-K

Data extracted from 11 SEC EDGAR filings across 7 companies. Source: Material contracts (Exhibit 10) filed under Regulation S-K.

This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.

Occurrences: 11
Companies: 7
Keywords:
LC Disbursementdefinitioncontract languagelegal termSEC filing

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