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A party’s “'''{{vmcsaprov|Exposure}}'''” means the amount it would pay (a positive {{vmcsaprov|Exposure}}) or receive (a negative {{isdaprov|Exposure}}) if all {{vmcsaprov|Covered | A party’s “'''{{vmcsaprov|Exposure}}'''” means the amount it would pay (a positive {{vmcsaprov|Exposure}}) or receive (a negative {{isdaprov|Exposure}}) if all {{vmcsaprov|Covered Transaction}}s other than the {{vmcsa}} were terminated as at the {{vmcsaprov|Valuation Time}} following a {{isdaprov|Termination Event}} where the other party was the {{isdaprov|One Affected Party}}, the {{vmcsaprov|Base Currency}} was the {{isdaprov|Termination Currency}}; and the {{vmcsaprov|Valuation Agent}} made the relevant valuations on the party’s behalf using mid-market estimates of the amounts that would required under the relevant {{isdama}}. <br> |