Indirect exposure definition

Indirect exposure means an exposure to a counterparty of a reporting institution that arises from the counterparty providing credit protection to the reporting institution’s other exposures.
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Indirect exposure. – means an exposure created when a person other than the recipient of a loan agrees or is otherwise legally obligated to repay the debt in the event that the primary obligor/s defaults or is unable to repay the debt; an example of indirect debt is the exposure created when one person guarantees loans advanced to another person; the recipient of the loan proceeds is the 'primary' obligor and the person guaranteeing the loan is the 'secondary' obligor although both persons may be equally liable under the law to repay the obligation.
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Indirect exposure means an exposure to a counterparty of an AI that arises from the counterparty providing credit protection to the AI’s other exposures;
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Examples of Indirect exposure in a sentence

  • Indirect exposure may be achieved amongst others via the use of derivatives, structured products and Target Funds.

  • Indirect exposure using sediment and tissue values were determined for Scenario 2.

  • Indirect exposure to commodities may be sought through investment in transferable securities, eligible index derivatives and collective investment schemes.

  • Indirect exposure to equity securities will be taken for efficient portfolio management and diversification purposes, where the Investment Manager is of the view that indirect exposure is a more efficient and cheaper alternative to direct investment.

  • Indirect exposure will be obtained through investments in closed-ended collective investment funds (such as investment trusts and REITs) and open-ended collective investment schemes (such as unit trusts, OEICs and ETFs) , which may include those managed by the ACD and its associates (together ‘collective investment vehicles’).

  • Indirect exposure to China A-Shares may also be sought for the funds through investment in financial instruments such as China market access products and other funds with China access through RQFII/QFII quotas.

  • Indirect exposure is negatively correlated with social trust, while direct exposure is positively associated with it.

  • Indirect exposure to China A-Shares may also be sought for the Fund through investment in financial instruments such as China market access products and other funds with China access through RQFII/QFII quota.

  • Indirect exposure to companies located in Emerging Markets will be achieved, inter alia, by investing in UCITS, other UCIs, as well as through UCITS eligible structured products such as participatory notes and/or equity-linked notes.

  • Indirect exposure pathways are those in which the exposure results from a secondary source, such as food chain exposure via ingestion of vegetation, insects, mammals, etc.

Related to Indirect exposure

  • Credit Exposure means, with respect to any Lender at any time, the sum of the outstanding principal amount of such Lender’s Loans at such time.

  • Swap Exposure means, as at any relevant date, the amount certified by the Swap Bank to the Agent to be the aggregate net amount in Dollars which would be payable by the Borrower to the Swap Bank under (and calculated in accordance with) section 6(e) (Payments on Early Termination) of the Master Agreement if an Early Termination Date had occurred on the relevant date in relation to all continuing Designated Transactions entered into between the Borrower and the Swap Bank;

  • Revolving Credit Exposure means, with respect to any Lender at any time, the sum of the outstanding principal amount of such Lender’s Loans and its LC Exposure at such time.