Foreign Currency Exposure definition

Foreign Currency Exposure has the meaning assigned to such term in Section 2.11(b).

Foreign Currency Exposure means, with respect to any Revolving Lender at any time, the Dollar Equivalent of the sum of the outstanding principal amount of such Lender's Foreign Currency Loans and its Foreign Currency LC Exposure at such time.

Foreign Currency Exposure means, at any time, the portion of the Aggregate Revolving Facility Exposure at such time that is denominated in any Designated Foreign Currency.

Examples of Foreign Currency Exposure in a sentence

• Foreign Currency Exposure: The Company expects to sell its products and license technologies in the United States, in Canada and abroad.

• General provisions comprise of provision towards standard assets including additional provision for stressed sector, Covid-19 provision, Country Risk and Unhedged Foreign Currency Exposure (UFCE).

• As on the Balance Sheet date, the Company does not have any Foreign Currency Exposure.

• If the Borrower is required to provide an amount of cash collateral hereunder pursuant to Section 2.11(b), such amount (to the extent not applied as aforesaid) shall be returned to the Borrower as and to the extent that, after giving effect to such return, the aggregate Dollar Amount of all Revolving Credit Exposures would not exceed the Aggregate Commitment, the Foreign Currency Exposure would not exceed the Foreign Currency Sublimit and no Event of Default shall have occurred and be continuing.

• For entities with Unhedged Foreign Currency Exposure (UFCE), provision is made in accordance with the guidelines issued by RBI, which requires to ascertain the amount of UFCE, estimate the extent of likely loss and estimate the riskiness of unhedged position.

More Definitions of Foreign Currency Exposure

Foreign Currency Exposure at any date, the aggregate Dollar Equivalent Amount of (a) the outstanding principal amount of all Loans then outstanding which are denominated in a currency other than Dollars and (b) all L/C Obligations then outstanding which are denominated in a currency other than Dollars.

Foreign Currency Exposure as defined in Section 4.2(h).

Foreign Currency Exposure means, at any time, the sum of the aggregate outstanding principal amount of Revolving Loans denominated in Foreign Currencies and the total LC Exposure of Letters of Credit denominated in Australian Dollars, Euros and Sterling, in each case, at such time.

Foreign Currency Exposure means, with respect to any Foreign Currency Lender at any time, the Dollar Equivalent of the aggregate principal amount of all Foreign Currency Loans made by such Foreign Currency Lender and outstanding at such time. The Foreign Currency Exposure of any Revolving Credit Lender at any time shall be the sum of (without duplication) (A) its Pro Rata Share of the Foreign Currency Exposure of all Foreign Currency Lenders at such time and (B) the Foreign Currency Exposure of all Foreign Currency Lenders that has been converted into Revolving Dollar Loans pursuant to Section 2.18 and in respect of which such Revolving Credit Lender has made, or is required to make, payments to the Foreign Currency Lenders under such Section 2.18.

Foreign Currency Exposure means, at any time, the sum of (i) the Aggregate Canadian Sub-Facility Exposure at such time, and (ii) the Aggregate Revolving Facility Exposure at such time that is denominated in any Designated Foreign Currency.

Foreign Currency Exposure means Class A Foreign Currency Exposure or Class B Foreign Currency Exposure.

Foreign Currency Exposure means the domestic currency equivalent sum, currency by currency, of all net foreign currency denominated assets or liabilities, whether on or off-balance sheet, unless prior permission has been given, in writing, by the BPNG for exclusion.