Relevant Exposure definition

Relevant Exposure means, at any time, the aggregate of the amount of the outstanding Loans and an amount determined by the Lender to be an approximation of the expected interest payments in respect of the Loans for the following twelve (12) month period provided that, on each day prior to the first Utilisation Date, the “Relevant Exposure” shall be the amount which would have been the Relevant Exposure had a Utilisation in the amount of, in aggregate, USD35,000,000 and the USD equivalent of RMB100,000,000 been made on the date of this Agreement in accordance with the Loan Agreement.
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Relevant Exposure means, at any time, the aggregate of the amount of the outstanding Loans and an amount determined by the Collateral Agent to be an approximation of the expected interest payments in respect of the Loans for the following twelve (12) month period provided that, on each day prior to the first Utilisation Date, the “Relevant Exposure” shall be the amount which would have been the Relevant Exposure had a Utilisation in the amount of USD31,000,000 been made on the date of this Agreement in accordance with the Loan Agreement.
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Related to Relevant Exposure

  • 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;

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

  • Facility Exposure means, at any date of determination, the sum of the aggregate principal amount of all outstanding Advances and the Available Amount under all outstanding Letters of Credit.

  • Net ▇▇▇▇-to-Market Exposure of a Person means, as of any date of determination, the excess (if any) of all unrealized losses over all unrealized profits of such Person arising from Rate Management Transactions. “Unrealized losses” means the fair market value of the cost to such Person of replacing such Rate Management Transaction as of the date of determination (assuming the Rate Management Transaction were to be terminated as of that date), and “unrealized profits” means the fair market value of the gain to such Person of replacing such Rate Management Transaction as of the date of determination (assuming such Rate Management Transaction were to be terminated as of that date).

  • 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.