Examples of Swap Exposure in a sentence
The Grantor and the Grantee intend and agree that the indebtedness secured hereby (which shall consist of unpaid balances of advances, whether obligatory or not, made either before or after the recording of this Mortgage), exclusive of interest thereon, shall not exceed [$ .00 plus Swap Exposure].
It is understood and agreed that during the period when any Swap Agreement is effective between Customer and ERMS during the term of this Agreement, the net Swap Exposure of ERMS and the Liquidated Damages owed to EGMC shall be aggregated to calculate the $10 million threshold under this Section 10.6 wherein EGMC is the Beneficiary Party.
The Grantor and the Grantee intend and agree that the indebtedness secured hereby (which shall consist of unpaid balances of advances, whether obligatory or not, made either before or after the recording of this Mortgage), exclusive of interest thereon, shall not exceed [$9,000,000.00 plus Swap Exposure].