MtM Exposure Amount definition

MtM Exposure Amount means an amount calculated each Business Day for the BGS-FP Supplier reflecting the financial exposure to the Companies due to fluctuations in market prices for Energy as set forth in Section 6.3 and in Appendix D, minus amounts due pursuant to this
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MtM Exposure Amount means an amount calculated each Business Day for the BGS-FP Supplier reflecting the financial exposure to each of the Companies due to fluctuations in market prices for Energy as set forth in Appendix D, minus amounts due pursuant to this Agreement to the BGS-FP Supplier for the delivery of BGS-FP Supply. If the sum of the MtM Exposure Amounts for all agreements for BGS-FP Supply executed in 2006 between any of the Companies and the BGS-FP Supplier results in a negative number, the MtM Exposure Amount shall be zero.
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Examples of MtM Exposure Amount in a sentence

  • To calculate the daily exposure for the BGS-FP Supplier, the MtM Exposure Amount methodology will be used.

  • As set forth in Articles 1 and 6 of this Agreement, the MtM Exposure Amount is an amount calculated each Business Day for the BGS-FP Supplier that reflects the financial exposure to each of the Companies due to fluctuations in market prices for Energy, less any amounts due to the BGS-FP Supplier pursuant to this Agreement for the delivery of BGS-FP Supply.

  • MtM refers to the Companies’ financial exposure due to fluctuations in market prices for Energy, while MtM Exposure Amount refers to the financial exposure net of any amount due to the BGS-FP Supplier for BGS-FP Supply already delivered.

  • The total MtM that will be used to calculate the MtM Exposure Amount will be equal to the sum of the MtM for each remaining month in the Delivery Period times 1.

  • If the calculation of the MtM Exposure Amount results in a negative number, the MtM Exposure Amount shall be zero.

Related to MtM Exposure Amount

  • Total Exposure Amount means, on any date of determination (and without duplication), the outstanding principal amount of all Loans, the aggregate amount of all Letter of Credit Outstandings and the unfunded amount of the Commitments.

  • L/C Exposure at any time, the sum of (a) the aggregate undrawn amount of all outstanding Letters of Credit at such time, and (b) the aggregate amount of all L/C Disbursements that have not yet been reimbursed or converted into Revolving Loans at such time. The L/C Exposure of any L/C Lender at any time shall equal its L/C Percentage of the aggregate L/C Exposure at such time.

  • Short Exposure means a short inversed leveraged exposure to the Reference Asset.

  • Aggregate Outstanding Credit Exposure means, at any time, the aggregate of the Outstanding Credit Exposure of all the Lenders.

  • Leveraged Exposure means a leveraged long exposure to the Reference Asset.

  • Total Credit Exposure means, as to any Lender at any time, the unused Commitments, Revolving Credit Exposure and outstanding Term Loans of such Lender at such time.

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

  • Aggregate Credit Exposure means, at any time, the aggregate Credit Exposure of all the Lenders at such time.

  • LC Commitment Amount means $600,000,000 as the same may be reduced permanently from time to time pursuant to Section 2.08.