Margin Deficiency Sample Clauses
A Margin Deficiency clause defines the requirement for a party to maintain a specified level of collateral, or margin, in a financial or trading relationship. If the value of the posted margin falls below the agreed threshold—due to market fluctuations or changes in exposure—the party must promptly provide additional funds or assets to restore the margin to the required level. This clause ensures that both parties are protected against credit risk by maintaining adequate collateral, thereby reducing the likelihood of losses if one party defaults.
Margin Deficiency. If at any time there exists a Margin Deficiency, the Seller shall cure such Margin Deficiency in accordance with Section 2.06 hereof.
Margin Deficiency. A Margin Deficiency shall occur and such deficiency is not cured within the cure period set forth in Section 2(f); or
Margin Deficiency. The Revolving Exposure shall not exceed 30% of Available Assets minus the FX Reserve Amount
(a) Revolving Exposure Equals: $
(b) Available Assets Equals: $
(c) 30% of Available Assets: $
(d) FX Reserve Amount $ (e) 3(c) minus 3(d) $ (f) 3(a) minus 3(e): $
Margin Deficiency. The Margin Deficiency shall be calculated based on the difference between the Gross Sales Projections and the actual gross sales of AGCO products to PETPLANET visitors incurred in the same period of time as the Gross Sales Projections (the "Actual Gross Sales"). That number shall be multiplied by the average margin of sales to date of the existing product mix for AGCO products sold over the immediately preceding twelve-month period. PETPLANET shall prepare an accounting to determine the Actual Gross Sales; such accounting shall be prepared according to Generally Accepted Accounting Principles ("GAAP"), except that returned, defective or purchased products shall be subtracted from the final calculation in determining the Actual Gross Sales. The accounting will be prepared by PETPLANET within thirty (30) days of the September 30th year-end Gross Sales Projection dates as stated above. PETPLANET shall pay to AGCO the Margin Deficiency, if any, within thirty (30) days of preparation of the accounting.
Margin Deficiency. 45 7.06. Notices......................................................................45 7.07. Hedging......................................................................46 7.08. Reports......................................................................46 7.09.
Margin Deficiency. Positions will be liquidated if commissions or other charges cause a margin deficiency.
