Consolidated Hedging Exposure definition
Consolidated Hedging Exposure means the aggregate of all amounts that would be payable to all Persons by the Borrower and its Subsidiaries or to the Borrower and its Subsidiaries, on the date of determination, taking into account all legally enforceable netting arrangements, pursuant to each ISDA Master Agreement between the Borrower and each such Person and each Subsidiary and each such Person, as if all Derivative Instruments under such ISDA Master Agreements were being terminated on that day;
Consolidated Hedging Exposure means, at any time with respect to all applicable Swap Agreements to which the Borrower and its Subsidiaries are counterparties, the aggregate consolidated net exposure of the Borrower and the Subsidiaries under all such agreements on a marked to market basis in accordance with GAAP.
Consolidated Hedging Exposure means, at any time with respect to all applicable Swap Agreements to which the Guarantor or a CERC Subsidiary is a counterparty, the aggregate consolidated net exposure of the Guarantor or such CERC Subsidiary under all such agreements on a marked to market basis in accordance with GAAP.
More Definitions of Consolidated Hedging Exposure
Consolidated Hedging Exposure means, at any time with respect to all applicable Swap Agreements to which CERC or a CERC Subsidiary is a counterparty, the aggregate consolidated net exposure of CERC or such CERC Subsidiary under all such agreements on a marked to market basis in accordance with GAAP.