Exposure Cap definition

Exposure Cap means 150 per cent. (expressed as 1.50).
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Exposure Cap means 100.00 per cent. (expressed as 1.00) (subject to potential adjustment as outlined in Section 5 (Consequences of a Maximum Fund Asset Risk Event) in Part II (Reference Basket) of Annex B (Other Applicable Conditions) below).
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Exposure Cap means on any date, an amount in EUR equal to 35 multiplied by the Net Asset Value on such date, subject to a maximum equal to the Maximum Cap.
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Examples of Exposure Cap in a sentence

  • The Borrower shall immediately make such payments as are necessary to assure that the outstanding Loans (including Swing Loans) and Letters of Credit do not exceed the Maximum Exposure Cap.

  • The Borrower will request the issuance of Letters of Credit solely for the working capital requirements and general corporate purposes of (i) the Borrower and the Subsidiary Guarantors or (ii) any other Subsidiary, including to support Commodity Hedging Obligations; provided that the L/C Exposure pursuant to this Agreement with respect to such other Subsidiaries shall not exceed the L/C Exposure Cap.

  • The Revolving Loan Borrowers and the Term Loan Borrower, as the case may be, will request the issuance of Letters of Credit solely for the working capital requirements and general corporate purposes of (i) the Company and the Subsidiary Guarantors or (ii) any other Subsidiary, provided that the L/C Exposure with respect thereto shall not exceed the L/C Exposure Cap.

  • If Spinach Pay is unsuccessful in its collection efforts, you may be billed on your monthly invoice for all or part of the outstanding Declined Payment(s) based, in part, on your Exposure Cap (defined below).

  • The Borrower will request the issuance of Letters of Credit solely for the working capital requirements and general corporate purposes of (i) the Borrower and the Subsidiary Guarantors or (ii) any other Subsidiary, including to support Commodity Hedging Obligations; provided that the L/C Exposure with respect to such other Subsidiaries shall not exceed the L/C Exposure Cap.

  • Thereafter, the Letter of Credit Account will be funded by the Applicant from time to time in an amount not to exceed 101% of the L/C Exposure Cap (except as required pursuant to Section 2.02(c)).

  • Notwithstanding anything in the Credit Agreement to the contrary, after the Second Business Day occurring after the effective date hereof the Borrower may only request Loans (including Swing Loans) in excess of $71,587,626.39 (but in any event subject to all the terms and conditions of the Credit Agreement including the Maximum Exposure Cap) and use the proceeds of such Loans consistent with the 12-week budget of the Borrower and its North American Subsidiaries delivered to the Banks on September 12, 2001.

  • On March 31, 2002 a portion of the Commitments (and, accordingly, the Maximum Exposure Cap) shall automatically terminate in an amount necessary, if any, so that after giving effect to such termination, the remaining Commitments (and, accordingly, the Maximum Exposure Cap) shall not exceed $70,487,626.39.

  • Subject to the terms and conditions set forth herein, each Lender agrees to make Revolving Loans to the Borrowers from time to time during the Revolving Availability Period in an aggregate principal amount that will not result in (i) such Lender’s Revolving Exposure exceeding such Lender’s Revolving Commitment or (ii) the aggregate Revolving Exposure attributable to Loans made to PTFI and Letters of Credit issued at the request of PTFI exceeding the PTFI Exposure Cap.

  • Using an assigned 1% Exposure Cap as an example, if Spinach Pay has facilitated payments for you totaling $1,000 during January, and out of those, $50 was declined and $10 was collected via Spinach Pay’s debt collection efforts (such that $40 is still outstanding), you would be billed $30 after the Collection Period ends and Spinach Pay will absorb the $10 (1% of $1,000).


More Definitions of Exposure Cap

Exposure Cap means an amount in ISK equal to 15 multiplied by the Principal Amount;
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Related to Exposure Cap

  • Exposure Amount as of any date means, with respect to any Revolving Collateral Loan or Delayed Funding Loan, the excess of (a) the Borrower’s maximum funding commitment thereunder over (b) the Principal Balance of such Revolving Collateral Loan or Delayed Funding Loan. For the avoidance of doubt, Exposure Amounts in respect of a Defaulted Loan shall be included in the calculation of the Exposure Amount if the Borrower is at such time subject to contractual funding obligations with respect to such Defaulted Loan and such obligation has not ceased to be enforceable under the U.S. Bankruptcy Code.

  • Total Exposure Amount means, on any date of determination (and without duplication), the outstanding principal amount of all Loans, the aggregate amount of all Letter of Credit Outstandings and the unfunded amount of the Commitments.

  • Automatic exposure control or “AEC” means a device that automatically controls one or more technique factors to obtain at a preselected location a required quantity of radiation.

  • S&P Exposure Period means the maximum period of time following a Valuation Date, including the Valuation Date and the AMPS Basic Maintenance Cure Date, that the Corporation has under these Articles Supplementary to cure any failure to maintain, as of such Valuation Date, the Discounted Value for its portfolio at least equal to the AMPS Basic Maintenance Amount (as described in paragraph 7(a) of these Articles Supplementary).

  • Exposure rate means the exposure per unit of time, such as roentgen per minute and milliroentgen per hour.