Common use of Margin Call Clause in Contracts

Margin Call. If at any time the credit limit to collateral value ratio exceeds 60% for lines secured partially or completely by stock, or 65% for lines secured only by bonds, we may send you notice requesting additional collateral. If the additional collateral is not received within the time given in the notice, you will be in default and we may terminate your Line of Credit as provided below.

Margin Call. If at any time the credit limit Credit Limit, if a Line, or the outstanding balance, if a Loan, to collateral value ratio exceeds 60% for lines a Line or Loan secured partially or completely by stock, or 65% for lines a Line or Loan secured only by bonds, we the Bank may send you the Borrower notice requesting additional collateral. The Bank may determine collateral value using any reasonable method. If the additional collateral is not received within the time given in the notice, you the Borrower will be in default and we the Bank may terminate your the Line of Credit or Loan as provided belowin Section IX.

Margin Call. If at any time the credit limit Credit Limit, if a Line, or the outstanding balance, if a Loan, to collateral value ratio exceeds 60% for lines a Line or Loan secured partially or completely by stock, or 65% for lines a Line or Loan secured only by bonds, we the Bank may send you notice requesting additional collateraldetermine collateral value using any reasonable method. If the additional collateral is not received within the time given in the notice, you the Borrower will be in default and we the Bank may terminate your the Line of Credit or Loan as provided belowin Section IX.

Margin Call. If at any time the credit limit Credit Limit, if a Line, or the outstanding balance, if a Loan, to collateral value ratio ration exceeds 60% for lines a Line or Loan secured partially or completely by stock, or 65% for lines a Line or Loan secured only by bonds, we the Bank may send you the Borrower notice requesting additional collateral. The Bank may determine collateral value using any reasonable method. If the additional collateral is not received within the time given in the notice, you the Borrower will be in default and we the Bank may terminate your the Line of Credit or Loan as provided belowin Section IX.