Common use of Collateral Value Clause in Contracts

Collateral Value. The Collateral Value at any time of any Eligible Collateral shall be the amount determined by the Collateral Monitor to be the Collateral Value of that Eligible Collateral at that time (such amount to take into account the Securities Discount and Currency Discounts referred to in paragraph 4 (Eligible Collateral) below and the application of the Concentration Limit) under and in accordance with the Collateral Monitoring Deed.

Appears in 3 contracts

Sources: Amendment and Restatement Agreement (Cboe Global Markets, Inc.), Amendment and Restatement Agreement (Cboe Global Markets, Inc.), Amendment and Restatement Agreement (Cboe Global Markets, Inc.)