Open Credit Exposures Ratio definition
Open Credit Exposures Ratio means the result obtained by dividing: (a) Problem Exposures less total provisions; by (b) Total Capital;
Open Credit Exposures Ratio means the result obtained by dividing: (i) Problem Exposures less total provisions; by (ii) Total Capital; “Parallel Tranche” has the meaning ascribed thereto in Section 2.01(a)(ii) (Amount and Purpose); “Parallel Tranche Eligible Sub-loans” has the meaning ascribed thereto in Section 2.01(b)(2) (Amount and Purpose); “Parallel Tranche Interest Rate” means for any Interest Period, the rate at which interest is payable on the Parallel Tranche during that Interest Period, determined in accordance with Section 2.03 (Interest); “Participant” means any Person who acquires a Participation in the GTLP Facility; “Participation” means a participating interest in the GTLP Facility, or as the context requires, in any Disbursement;