Common use of Additional Margin Clause in Contracts

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.

Appears in 1 contract

Sources: Ficc Clearing Agreement

Additional Margin. Notwithstanding Sections 5(a) and (b) of this Margin ModuleModule IV, 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.

Appears in 1 contract

Sources: Sifma Master Treasury Securities Clearing Agreement