Exposure

Exposure. With respect to any Exchanging Holder, the outstanding principal amount of the Notes held by such Exchanging Holder, as the case may be.

Exposure. With respect to any Noteholder, the outstanding principal amount of New Secured Notes held by such Noteholder.

Exposure. Means, with respect to any Lender, the U.S. Dollar Equivalent of the aggregate principal amount of all Obligations, Hedging Liability and Funds Transfer and Deposit Account Liability owed to such Lender as of the date of determination. For purposes of determining any Lender's Exposure, the principal amount of (a) any U.S. Letter of Credit issued pursuant to the U.S. Credit Agreement shall be the amount of such Lender's participation interest in the maximum amount available to be drawn under... such U.S. Letter of Credit, (b) any overdraft created pursuant to the Syndicated Credit Facility shall be the amount of such overdraft, (c) any acceptance issued pursuant to the Syndicated Credit Facility shall be the Outstanding Bill Amount (as defined in the Syndicated Facility Agreement as in effect on the date hereof) relating -2- thereto, and (d) any letter of credit issued pursuant to the Australian Letter of Offer shall be the maximum amount available to be drawn thereunder. View More

Exposure. At any time, the sum, without duplication, of (x) the aggregate undrawn amount of the Letter of Credit at such time plus (y) the aggregate amount of all drawings under the Letter of Credit that have been paid by Bank and have not yet been reimbursed by or on behalf of Applicant.

Exposure. Means, with respect to any Acquisition Swap Agreement as of any Test Date, the amount (expressed as a positive) that would be owed by the Borrower or its Subsidiaries to the applicable counterparty or the amount (expressed as a negative) that would be owed to the Borrower or its Subsidiaries by the applicable counterparty, in each case under such Acquisition Swap Agreement on the immediately preceding Test Date, assuming that a settlement date under such Acquisition Swap Agreement had occurred... on such immediately preceding Test Date. View More