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  1. Point in time
    2009-02-05

e-money outstandings

(in ELM) (in relation to an ELMI and at any time) the total amount (actual or contingent) of the ELMI's financial liabilities related to outstanding e-money at that time, including the total amount that would be payable by the ELMI if all the e-money in respect of which persons have, against the ELMI, a redemption right or any other right to require e-money to be redeemed were then due for redemption.5