Template:Nutshell GMSLA Net Loan Exposure
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- If the aggregate Market Value of Posted Collateral between the Borrower and any one Principal exceeds the total Required Collateral Value for all Agency Loans between them, Borrower has a Net Loan Exposure to that Principal equal to that excess.
- If it is less than the Required Collateral Value, the Principal has a Net Loan Exposure to Borrower equal to the shortfall.