Deemed Risk definition
Deemed Risk means, in respect of an FEFC at any time, the net unwinding costs thereof determined at such time in accordance with the provisions of the contract relating thereto as if on such date an event had arisen entitling a Hedging Lender to terminate such contract.
Deemed Risk means, in respect of any Hedge Agreement in effect between or to be entered into by the Borrowers (or either of them) and a Hedge Provider at any time, an amount determined by a Hedge Provider (in its discretion) equal to its risk adjusted valuation of the Hedge Agreements entered into or to be entered into by the Borrowers (or either of them) and a Hedge Provider.
Examples of Deemed Risk in a sentence
HSBC's policies in connection with Deemed Risk are subject to change without notice in accordance with HSBC's internal policies.
If the maximum Deemed Risk at any time exceeds the Credit C Facility Limit, the Borrowers shall, within ten (10) Business Days, take such steps as are required to reduce the maximum Deemed Risk to an amount less than the Credit C Facility Limit.
The Lender or an Affiliate of the Lender, as a Hedge Provider, may, in its sole discretion, make available to the Borrowers (or either of them), interest rate ▇▇▇▇▇▇ and currency exchange ▇▇▇▇▇▇ with a maximum Deemed Risk equal to the Credit C Facility Limit ("Credit C").