Minimum Exposure definition

Minimum Exposure means the greater of: (a) $3,000 and (b) one percent (1%) of the greatest amount invoiced for the Participant’s transaction activity for all PJM Markets and services in any rolling one, two, or three-week period in the prior 52 weeks, rounded up to the nearest multiple of $100; provided, however, that the Minimum Exposure shall be capped at a maximum of $100,000.
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Minimum Exposure means, at any time, an amount equal to the product of 500% and the Outstanding Principal Amount of the Class A Notes at such time;
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Minimum Exposure means, in respect of a Rebalancing Date, the minimum percentage specified in the applicable Final Terms;
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Examples of Minimum Exposure in a sentence

  • The maximum and minimum weightages of the Fund at any time in the Authorized Investments shall be as follows: Sr. No. Description Rating Maximum Exposure (% of Net Assets) Minimum Exposure (% of Net Assets) Maximum Maturity 1.

  • This Agreement shall (i) only become effective upon the satisfaction of the Conditions Precedents on or before November ___, 2001 and (ii) only be effective so long as the Net Exposure of the Counterparty Parties to the Enron Parties is in excess of $100,000,000.00 (U.S.) (the "AEP Minimum Exposure Level").

  • Thereafter, if on any Business Day during the Term of this Agreement, either (1) the Counterparty Group's Net Exposure is below the AEP Minimum Exposure Level (such event being referred to as an "AEP Voiding Event") and/or (2) a Default has occurred with respect to the Counterparty Group, then the following provisions shall be applicable: This Agreement shall immediately become null and void and of no force or effect (other than with respect to the provisions of this Section 8).

Related to Minimum Exposure

  • Total Revolving Exposure means, as to any Revolving Lender at any time, the unused Commitments and Revolving Exposure of such Revolving Lender at such time.

  • L/C Exposure at any time, the sum of (a) the aggregate undrawn amount of all outstanding Letters of Credit at such time, and (b) the aggregate amount of all L/C Disbursements that have not yet been reimbursed or converted into Revolving Loans at such time. The L/C Exposure of any L/C Lender at any time shall equal its L/C Percentage of the aggregate L/C Exposure at such time.

  • Total Exposure means, for any Lender at any time, the sum of (i) the aggregate principal amount of all outstanding Loans of such Lender plus (ii) such Lender’s Applicable Percentage of the Letter of Credit Usage.

  • Revolving Exposure means, with respect to any Lender at any time, the sum of the outstanding principal amount of such Lender’s Revolving Loans and its LC Exposure and Swingline Exposure at such time.

  • Short Exposure means a short inversed leveraged exposure to the Reference Asset.