Examples of Net Exposure in a sentence
There will be a Maximum Net Exposure: 1.5X and a Maximum Gross Exposure: 3X.
Maximum Net Exposure: 1.5X Maximum Gross Exposure: 3XL1 Capital is permitted to borrow on behalf of the Fund.
Contracts that lead to a Total Net Exposure of an amount exceeding the value of the Guarantees shall be cancelled, as provided by the Regulations and the rules of the Market.
Accordingly, a separate Net Exposure shall be calculated, and margin shall be separately provided, in respect of each of those three categories of Transactions.
On any date of determination with respect to any Collateral Obligation, an amount equal to the sum of the outstanding principal balance of such Collateral Obligation, together with accrued interest thereon through such date of determination, and in connection with any Collateral Obligation which is a Revolving Collateral Obligation or a Delayed Drawdown Collateral Obligation, an amount equal to the Net Exposure Amount thereof as of the applicable Cut-Off Date.