Definition of Portfolio Exposure Amount

  1. Portfolio Exposure Amount means, at any time, the excess (if any) of (x) the aggregate unfunded amounts in respect of all Revolving Collateral Loans and Delayed Drawdown Collateral Loans at such time over (y) the aggregate amount on deposit in the Revolving Reserve Account at such time.

Definition of Portfolio Exposure Amount in Credit and Security Agreement

Portfolio Exposure Amount means, at any time, the excess (if any) of (x) the aggregate unfunded amounts in respect of all Revolving Collateral Loans and Delayed Drawdown Collateral Loans at such time over (y) the aggregate amount on deposit in the Revolving Reserve Account at such time.