Initial Exposure definition

Initial Exposure means the Exposure of each Creditor under the Notes or the Old Money portion of outstandings under the Credit Agreement as of the date of the Agreement in Principle. The aggregate Initial Exposure of the Noteholders is $175,000,000 and the aggregate Initial Exposure of the Banks is (pound)111,163,898.43.
Initial Exposure means 100 per cent. (expressed as one).
Initial Exposure means the exposure of the Notes to the Underlying Fund on the Issue Date, and it equals to 150% of the Aggregate Nominal Amount.

Examples of Initial Exposure in a sentence

  • The Ceding Insurer has provided to the Reinsurer and the Modeling Agent the Initial Stated Reinsurance as of the date of the Initial Exposure Data, which is applicable for the first Annual Risk Period.

  • Initial Exposure Limits will be communicated to Company via letter.

  • As the work begins, the Competent person (or third party consultant) must conduct and record objective data to confirm the Initial Exposure Assessment (IEA), and that the specific job-site work activity confirms the findings of the IEA, and that the PELS are not being exceeded for this work activity.

  • The aggregate Initial Exposure of the Noteholders is $175,000,000 and the aggregate Initial Exposure of the Banks is (pound)111,163,898.43.

  • Initial Exposure Limits will be communicated to Customer via letter.

  • The Borrowers agree and acknowledge that, as of July 1, 1995, they were obligated to the respective Existing Lenders under their respective Existing Agreements in the amount of each such Existing Lender's Initial Exposure.


More Definitions of Initial Exposure

Initial Exposure means, with respect to each Existing Lender, such Existing Lender's Exposure as of July 1, 1995, exclusive of that portion of such Existing Lenders Exposure described in Clause (e) of the definition of "Exposure."