Additional Margin Sample Clauses
The 'Additional Margin' clause requires one party to provide extra collateral beyond the standard margin requirements in a financial or derivatives contract. This clause typically comes into play when certain risk thresholds are exceeded, market conditions change, or a party's creditworthiness is questioned, prompting the need for more security. By mandating additional margin, the clause helps protect the non-defaulting party from increased credit or market risk, ensuring that sufficient collateral is available to cover potential losses.
Additional Margin. NBIN may require additional margin at any time for any reason. The Client also undertakes to furnish additional margin by providing additional Cash and/or Securities whenever requested by NBIN.
Additional Margin. Notwithstanding Sections 5(a) and (b) of this Margin Module, if “Additional Margin” is specified as applicable in the Schedule, Clearing Member shall retain any Distributions and any interest, dividends, or other amounts paid or deemed to have been paid with respect to Posted Margin in the form of cash and only release such amount to Customer following a Return Demand or as otherwise provided in this FICC Clearing Agreement.
Additional Margin. Senior Secured Credit Facility Agreement
3.1 Notwithstanding anything to the contrary in this Agreement, the Facility A Applicable Margin and the Facility B2 Applicable Margin in respect of any portion of any USD Loan made by the Original USD Lender shall be an amount equal to (i) the amount calculated from time to time in accordance with Paragraph 1 (Initial Margins) and Paragraph 2 (Adjusted Margins) above plus (i) 0.15%. Senior Secured Credit Facility Agreement
Additional Margin. Each reference in the Credit Agreement to the words "Applicable Utilization Fee Rate" shall be replaced with the words "Additional Margin".
Additional Margin. For the purpose of calculating the “additional margin,” the respective exchange determines a margin parameter for the largest possible change in the price of the option item, i.e., the underlying asset. The amount of that margin parameter is based on past experience. On the basis of this model, the exchange estimates how the price of the underlying asset could change unfavorably for the short seller in the extreme case scenario based on experience. By means of option- theoretical models, the exchange then calculates how the price of the respective option would most likely change with regard to the underlying asset if the expected extreme case scenario occurred. Such potential loss is then referred to as the “additional margin” which is to cover any price losses on the next day. The account must have sufficient funds to at least cover this “additional margin” in order to even be able to hold a short sale position in options until the next day at all. It must be emphasized that losses are not limited to this “additional margin” or the entire margin but can exceed those in each case. For options sold in a short sale, the total margin comprises the sum of the “premium margin” and the “additional margin.”
Additional Margin. Wing ▇▇▇▇ shall be entitled at any time to demand the Client to pay Additional Margin for any outstanding Spot Contract. Wing ▇▇▇▇ may determine the amount and the manner of payment at its absolute discretion. The Client shall immediately on demand pay to Wing ▇▇▇▇ such Additional Margin. Such demand shall be treated as conclusively and validly made with immediate effect even if the Client cannot be contacted personally or message has been left for the Client by telephone or in writing. Even if Wing ▇▇▇▇ has made any demand for Additional Margin, Wing ▇▇▇▇ may still exercise its rights under Clause 6.2.
Additional Margin. If, at any time, the balance of the Client’s Account is less than the Margin Requirement then the Client must immediately provide additional Margin to Halifax so that the Client’s Account balance is no longer less than the Margin Requirement. Time is of the essence in respect of the Client’s obligation to provide additional Margin. The obligation to provide additional Margin in accordance with this paragraph 4.3 is not dependent on Halifax, or any other person, notifying the Client of the need to provide additional Margin. Halifax may choose to provide such a notice, and may choose to request further Margin. Whether or not it does so does not affect the Client’s obligations under this paragraph 4.3, nor does it affect any of Halifax’s rights in connection with this Agreement if the Client fails to comply with its obligations under this paragraph 4.3.