Maximum Exposure means the HUF equivalent of the theoretical maximum amount of the Loan from time to time outstanding as detailed in the integral annex to the Multicurrency Loan Agreement and established by the Parties for specific intervals and accepted by the Bank and the Customer (the “Maximum Exposure”). The amount of the Maximum Exposure is determined by the Parties on the assumption that the total amount of the Loan will be drawn, and the Customer will meet its repayment obligation on the due dates specified in the Multicurrency Loan Agreement. In case it is agreed between the Bank and the Customer in the Multicurrency Loan Agreement, in the event the Customer fails to draw down the total amount of the Loan, the Bank shall have the right on the last day of the Period of Availability to decrease the amount of the Maximum Exposure from time to time in effect as specified by the Parties in the annex to the Agreement as follows: The Bank shall convert the amount of the Loan outstanding on the last day of the Period of Availability to HUF using the average of the MNB mean rates quoted over the 30 business days preceding the last day of the Period of Availability (rounded to the nearest HUF 5 amount), and divide the HUF amount so received plus an Exchange Rate Risk Reserve with the current amount of the Maximum Exposure then in effect. The Bank shall have the right to multiply the amount of the Maximum Exposure from time to time in effect as specified in the annex to the Agreement with this value on the last day of the Period of Availability, and to take into account the (decreased) amount so received as the amount of the Maximum Exposure from time to time in effect.
Maximum Exposure means the maximum damage claim, without giving effect to the merits of the prima facie case or any defenses thereto, and in the case of a contingent claim, shall assume that the contingency will occur.
Maximum Exposure means 250 per cent. “Minimum Exposure” means 10 per cent.
Examples of Maximum Exposure in a sentence
Maximum Exposure Limit of the Health and Safety Executive in the U.K. in EH40/00.
Maximum Exposure to Credit RiskThe following summarizes the Company’s maximum exposure to credit risk related to financial instruments.
Equities Ticker Maximum Exposure Cap Risk Budget*Core SPDR S&P 500 The ETFs make periodic filings with the Securities and Exchange Commission (“SEC”).
Maximum Exposure Limit of the Health and Safety Executive in the U.K. in EH40/2005.
Handling and storageMeasureProtection of personal health and environmentControl are only applicable to any process which might produce air- borne dust or fumes, which are subject to Health and Safety Execu- tive Maximum Exposure as shown in chapter 8Storage, Co-storage, maxi- mum storageNo special requirements.
More Definitions of Maximum Exposure
Maximum Exposure shall have the meaning set forth in the Loan Summary.
Maximum Exposure means, for any period, an amount equal to the maximum amount of the sum of (i) the principal amount of all outstanding Revolving Loans, (ii) the principal amount of all outstanding Swingline Loans, (iii) the Dollar Equivalent of the principal amount of all outstanding Canadian Dollar Loans and (iv) the Letter of Credit Outstandings, at any one time during such period.
Maximum Exposure means with respect to any Seller, such Seller's Pro Rata Share of the sum of (i) Aggregate Net Cash plus (ii) the Final Purchase Price.
Maximum Exposure means seventy-five percent (75.0%) of the Borrowing Base.
Maximum Exposure means with respect to any Seller, such Seller's Pro Rata Share of the Final Purchase Price.
Maximum Exposure means at any time the least of (a) the Exposure Limit at such time, (b) the product of the Aggregate Collateral Value at such time and the Maximum Risk Ratio and (c) the aggregate Adjusted Market Values of all Custodied Investments in 3L Funds divided by 150%.
Maximum Exposure means, as of any date of determination, with respect to any items on the Project Completion Budget and any Liens relating to Completion CapEx, an amount equal to the aggregate, for all such items and Liens, of the greater of (x) the amount claimed as unpaid by the obligee under an item, as certified to the Administrative Agent by a Responsible Officer of the Borrower, and (y) the amount of the Lien related thereto.