Common use of AMOUNT OF SWAP Clause in Contracts

AMOUNT OF SWAP. The maximum total amount of United States dollars available for swap transactions under the Arrangement shall be US$200 million. The maximum total outstanding amount provided be each participant under the Arrangement shall be US$ 40 million. In principle, the amount of swap requested by a participant shall be provided in equal shares by the other participants. However, if because of exceptional financial circumstances a participant is not in a position to provide its full share or has to refrain from swapping, the shortfall shall be met as far as possible by the other participants, subject to the provisions of the first paragraph of this Article. The maximum outstanding amount of States dollars received by any participant under the Arrangement shall not, at any point in time, exceed USS 80 million (on the basis of a gearing of one- is-to-two (1:2) 1978 SUPPLEMENTARY AGREEMENT TO THE MOU ON THE ASEAN SWAP ARRANGEMENT

AMOUNT OF SWAP. The maximum total amount of United States dollars available for swap transactions under the Arrangement shall be US$US$ 200 million. The maximum total outstanding amount provided be each participant under the Arrangement shall be US$ 40 million. In principle, the amount of swap requested by a participant shall be provided in equal shares by the other participants. However, if because of exceptional financial circumstances a participant is not in a position to provide its full share or has to refrain from swapping, the shortfall shall be met as far as possible by the other participants, subject to the provisions of the first paragraph of this Article. The maximum outstanding amount of States dollars received by any participant under the Arrangement shall not, at any point in time, exceed USS 80 million (on the basis of a gearing of one- is-to-is- to - two (1:2) 1978 SUPPLEMENTARY AGREEMENT TO THE MOU ON THE ASEAN SWAP ARRANGEMENTArticle III Article X of the Memorandum is hereby amended by substituting therefor the following.

AMOUNT OF SWAP. The maximum total amount of United States dollars available for swap transactions under the Arrangement shall be US$200 million. The maximum total outstanding amount provided be each participant under the Arrangement shall be US$ 40 million. In principle, the amount of swap requested by a participant shall be provided in equal shares by the other participants. However, if because of exceptional financial circumstances a participant is not in a position to provide its full share or has to refrain from swapping, the shortfall shall be met as far as possible by the other participants, subject to the provisions of the first paragraph of this Article. The maximum outstanding amount of States dollars received by any participant under the Arrangement shall not, at any point in time, exceed USS 80 million (on the basis of a gearing of one- is-to-two (1:2) 1978 SUPPLEMENTARY AGREEMENT TO THE MOU ON THE ASEAN SWAP ARRANGEMENT)