FX Risk definition

FX Risk means the financial risk borne by a Client due to an adverse movement in exchange rates;
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FX Risk means the risk of a devaluation of the currency of all or any of the Revenues against the currency in which the Loans (or any other amounts payable under the Finance Documents) are denominated.]
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Examples of FX Risk in a sentence

  • The Bank agrees to enter into FX Transactions with the Borrower, at the Borrower’s request therefor made prior to the Expiration Date; provided, however, that at no time shall the aggregate FX Risk Liability of the Borrower exceed the FX Limit, and together with the total principal amount of all outstanding Advances, exceed the Line of Credit Each FX Transaction shall be used to hedge the Borrower’s foreign exchange exposure.

  • The Bank agrees to enter into FX Transactions with the Borrower, at the Borrower’s request therefor made prior to the Expiration Date, provided however, that at no time shall the aggregate FX Risk Liability of the Borrower exceed the FX Limit, and together with the total principal amount of all outstanding Advances under the AR Line of Credit, exceed the Borrowing Base.

  • At no time, however, shall the total principal amount of all Advances outstanding under the Line of Credit, combined with the aggregate FX Risk Liability together with the total face amount of all Letters of Credit outstanding, less any partial draws paid by the Bank, exceed the Line of Credit.

  • The Company hereby acknowledges and agrees that any FX Risk Liability and any other obligations incurred by any Guarantor with respect to any FX Transaction requested by any Guarantor or entered into by any Guarantor and the FX Lender shall be Obligations of the Company hereunder.

  • Tenant's installation of a "marine-style" flagpole shall be in a location mutually agreeable to Landlord and Tenant and shall comply with local ordinances.

  • The Bank shall not be under any obligation to make an Advance, issue a Letter of Credit, or enter into an FX Transaction if, immediately thereafter, the principal amount of Advances plus the Letter of Credit Obligations plus the FX Risk Liability would exceed the Credit Limit.

  • The F/X Risk Management Program is to be carried out with full and complete disclosure of strategies/techniques employed and performance results.

  • The Bank agrees to enter into FX Transactions with the Borrower, at the Borrower's request therefor made prior to the Expiration Date, provided however, that at no time shall the aggregate FX Risk Liability of the Borrower exceed the FX Limit, and together with the total principal amount of all outstanding Advances, exceed the Line of Credit.

  • The Bank agrees, as the Borrower's request, to enter into FX Transactions with the Borrower from time to time prior to the Expiration Date, provided that, at no time shall the aggregate FX Risk Liability exceed $375,000.00 subject, however, to the further limitations of Section 5.1.

  • The Company may use the Facility for FX Contracts on a spot and/or forward basis upon terms and conditions negotiated separately with the Bank and pursuant to customary documentation acceptable to the Bank; PROVIDED, that at no time may the Total FX Risk Exposure exceed the lesser of (i) $4,000,000 and (ii) the then outstanding amount of the Facility LESS the principal amount of all outstanding Loans.