Margin Collateral Clause Samples
Margin Collateral. We may require that you provide margin or collateral to support your obligations under transactions you trade with or through us. Where a transaction is leveraged, you should note that small price movements in the underlying market will have a multiplying effect on your corresponding gain or loss, and may exceed the amount of margin deposited with us. You will be required to top-up any such shortfall by depositing additional margin with us. We are entitled to liquidate your positions to meet any shortfall in margin or collateral requirements.
Margin Collateral. To secure the payment and performance of the Margin Obligations, the Borrower hereby grants to the Bank a continuing lien on and security interest in, and right of set-off against, all right, title, and interest of the Borrower, whether now owned or existing or hereafter created, acquired or arising, in and to all of the Margin Collateral. All of the Margin Collateral shall be credited to one or more of the Accounts and shall be held by the Bank. No later than the close of business in Chicago, Illinois on the date of each request for a Margin Loan hereunder, the Borrower shall transfer into one or more of the Accounts Margin Collateral having a Market Value such that after giving effect to the requested Margin Loan the aggregate principal amount of all Margin Loans shall not exceed the Margin Borrowing Base as then determined and computed by the Bank. All of the Margin Collateral shall be at all times subject to the exclusive dominion and control of the Bank.
Margin Collateral