Examples of Required Deposit Amount in a sentence
A Non-Clearing Participant shall notify a Designated Clearing Participant of the Clearing Margin Maintenance Amount for proprietary positions, the Clearing Margin Maintenance Amount for customer positions, and the Required Deposit Amount by category prescribed by the Clearing Margins Rules by the time specified by the Designated Clearing Participant on every business day.
In the case where a customer deposits Clearing Margins, a Non-clearing Participant shall, acting as the agent of the customer, deposit with a Designated Clearing Participant the Required Deposit Amount of the customer calculated in accordance with the provisions of the Clearing Margins Rules.
So long as either no Series is in an Amortization Period or the Aggregate Required Deposit Amount for the related Monthly Period has been deposited to the Collection Account, on any Business Day, the Issuer may apply (or hold in the Collection Account or any Series Account for later application) Shared Principal Collections as principal with respect to any Variable Interest.
If on any Business Day the Issuer determines that the Aggregate Required Deposit Amount for any Monthly Period is less than the Aggregate Required Deposit Amount as previously calculated by the Issuer, then the Issuer shall within two Business Days thereafter pay to the holder(s) of the Transferor any funds on deposit in the Collection Account in excess of the Aggregate Required Deposit Amount.
Date: Signature: Office Use OnlyTotal Amount of Rental Required: Deposit Amount Paid:Copy of Alcohol Permit:Copy of Insurance Certificate: Notes: • If alcohol is present, we require a copy of your alcohol permit.