Aggregate Exposure Sample Clauses
The Aggregate Exposure clause sets a maximum limit on the total liability or risk that one party may be exposed to under a contract. In practice, this means that regardless of the number or size of individual claims or losses, the total amount recoverable cannot exceed the specified aggregate cap. For example, if multiple incidents occur during the contract term, the clause ensures that the cumulative payouts do not surpass the agreed-upon threshold. This clause is essential for managing and capping financial risk, providing certainty and predictability for both parties regarding their potential maximum exposure.
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Aggregate Exposure. The Aggregate Exposure does not exceed the Aggregate Committed Amount.
Aggregate Exposure. The Aggregate Exposure shall at no time exceed the Maximum Revolving Credit Line and if at any time this limit is exceeded as a consequence of currency fluctuations, the Borrowers shall provide cash cover in an amount equal to such excess.
Aggregate Exposure. From and after the Fourth Amendment Effective Date, the Aggregate Exposure shall be zero dollars ($0). Agreement. See the Preamble.
Aggregate Exposure. The Borrower will ensure that at no time shall the Aggregate Exposure of the Lenders exceed the Aggregate Committed Amount then in effect.
Aggregate Exposure. See Section 1.01.
Aggregate Exposure. As of any date of determination, the then outstanding amount of all Revolving Credit Loans and Swing Line Loans, the Maximum Drawing Amount and all Unpaid Reimbursement Obligations.
Aggregate Exposure. Provide the following level of aggregate exposure in accordance with CCPA requirements. 1. Aggregate Exposure Class B – Fine / Sand Aggregate Finish: Remove not more than 1/16 inch of concrete surface by grinding and polishing resulting in majority of exposure displaying fine aggregate with no, or small amount of, medium aggregate at random locations.