Relevant Exposure definition
Relevant Exposure means, at any time, the aggregate of the amount of the outstanding Loans and an amount determined by the Lender to be an approximation of the expected interest payments in respect of the Loans for the following twelve (12) month period provided that, on each day prior to the first Utilisation Date, the “Relevant Exposure” shall be the amount which would have been the Relevant Exposure had a Utilisation in the amount of, in aggregate, USD35,000,000 and the USD equivalent of RMB100,000,000 been made on the date of this Agreement in accordance with the Loan Agreement.
Relevant Exposure means, at any time, the aggregate of the amount of the outstanding Loans and an amount determined by the Collateral Agent to be an approximation of the expected interest payments in respect of the Loans for the following twelve (12) month period provided that, on each day prior to the first Utilisation Date, the “Relevant Exposure” shall be the amount which would have been the Relevant Exposure had a Utilisation in the amount of USD31,000,000 been made on the date of this Agreement in accordance with the Loan Agreement.