FX Obligations

FX Obligations. Shall mean, at any time, an amount equal to the aggregate face amounts of all FX Transactions times the Assumed Exposure minus the sum of (i) the amount of any reductions in the original face amount of FX Transactions, (ii) the amount of any payments made by Bank pursuant to FX Transactions for which Borrower has reimbursed Bank, and (iii) the amount of any payments made by Bank pursuant to FX Transactions which... have been converted to one or more Prime Loans. View More