Margin Loan Sample Clauses

Margin Loan a. Velocity may from time to time make a Margin Facility available to the Customer, subject to these Margin Facility Terms. b. The Customer may, in writing, request a Margin Facility from time to time. Notwithstanding such request, it shall be within the discretion of Velocity to grant the Margin Facility to the Customer. c. The value of the Margin Facility available for the Transaction shall be notified to the Customer prior to the execution of the Transaction. d. Velocity may, without prior notice, from time to time reduce or cancel a Margin Facility or refuse to grant any additional Margin Facility to the Customer. e. If Velocity reduces or cancels a Margin Facility, the Customer shall be responsible to make immediate payment of the Margin in respect of the relevant Transaction f. Interest shall accrue on the Margin Facility at the rate and on the terms set out in the relevant Product Information Sheet. g. Without limiting Velocity’s rights in terms of paragraph d, the Margin Facility together with interest thereon shall be paid on the date on which the Securities that are the subject of the Margin Facility are sold. h. Upon submitting a request for a Margin Facility, the Customer acknowledges that he has read and understood the terms and conditions applicable to the Margin Facility, including all Product Information Sheets related thereto. i. Notwithstanding paragraph g above, no payments shall be made to the Customer in respect of the Account, which payments could result in the value of the Collateral being insufficient in respect of the Indebtedness, as determined by Velocity.

Margin Loan. The Company acknowledges that Purchaser has entered into a Loan and Security Agreement, dated as of August 2, 2022 (the “Loan Agreement”) with MidCap ▇▇▇▇▇ Designated Activity Company, a designated activity company limited by shares incorporated under the laws of Ireland, as Guarantor, the lenders from time to time party thereto and Ally Bank, as the Administrative Agent (in such capacity, the “Administrative Agent”) and the Arranger (as may be amended, modified, supplemented or otherwise changed from time to time, and together with any increases, refinancings or replacements thereof, the “Credit Facility”) and consents to (a) the entry into the Credit Facility and (b) the pledge of the Shares pursuant thereto.

Margin Loan. The parties acknowledge that the cash loans provided hereunder are each a “margin loan” as used in the definition of “securities contract” in the United States Bankruptcy Code (11 U.S.C. Section 741).

Margin Loan. The Company shall procure to provide on the Closing Date evidence (in form and substance satisfactory to the Agent, acting reasonably) of prepayment and cancellation in full of the Margin Loan.

Margin Loan. If requested by the Holder in connection with any transaction involving this Warrant or the Warrant Shares (including any sale or other transfer of such securities without registration under the Securities Act, any margin loan with respect to such securities and any pledge of such securities), the Company agrees to provide the Holder with customary and reasonable assistance to facilitate such transaction, including, without limitation, (i) such action as the Holder may reasonably request from time to time to enable the Holder to sell this Warrant or the Warrant Shares, as applicable, without registration under the Securities Act and (ii) entering into an “issuer’s agreement” in connection with any margin loan with respect to such securities in customary form, provided, that the Holder shall not make any such pledge for six (6) months from the Original Issue Date; provided further, that the Holder shall not make any such pledge at any time on which the Investor Designee (as defined in the Investor Rights Agreement) is serving on the Board.

Margin Loan. None of the transactions contemplated in the Agreement will violate or result in a violation of Section 7 of the Securities Exchange Act of 1934, as amended, or any regulation issued pursuant thereto, including, without limitation, Regulation U of the Board of Governors of the Federal Reserve System, 12 C.F.R., Chapter II. The Borrower does not own or intend to carry or purchase any "margin security" within the meaning of said Regulation U. None of the proceeds of the Loan have been or will be used to purchase or refinance any borrowing, the proceeds of which were used to purchase any "security" within the meaning of the Securities Exchange Act of 1934, as amended.

Margin Loan. (a) If SoftBank or any of its subsidiaries enters into a Specified Margin Loan in reliance on the consent, dated as of the date hereof, delivered to SoftBank by DT, under the Proxy, Lock-Up and ROFR Agreement, dated as of April 1, 2020, between SoftBank and DT (the “Proxy Agreement Consent”), then DT shall, SoftBank shall (or, if applicable, shall cause the relevant borrower subsidiary to) and (if the Newco-DT Call Option is still in effect) Newco shall, simultaneously with the execution and delivery of the agreement providing for such Specified Margin Loan, duly execute and deliver the intercreditor agreement required by the terms of the Proxy Agreement Consent. (b) SoftBank shall not permit Project 6 LLC (or any successor Grantor under the SB-Newco Call Option Agreement) to default under any Margin Loan (including a Specified Margin Loan), or allow any acceleration of any Margin Loan, prior to the performance in full of the obligations of Project 6 LLC (or such successor) with respect to the first margin call under such Margin Loan; provided that the total aggregate amount required to be paid by SoftBank pursuant to this Section 4.2(b) shall not exceed the first margin call amount plus the amount of all scheduled interest payments under such Margin Loan.

Margin Loan. 4.1 As and when a Margin Transaction has been effected by the Bank for the Customer, the Margin Loan in respect of that Margin Transaction shall be deemed to have been drawn by the Customer and shall be aggregated with the then principal outstanding amount of other Margin Loan. All Margin Loans are repayable on demand by and in the sole discretion of the Bank. 4.2 Interest on the Margin Loan shall accrue from day to day and on the daily aggregate principal outstanding amount whereof at such rate as the Bank may from time to time prescribe in its discretion and accepted by the Customer in its application for the Margin Facility. The Bank shall be entitled to change the prescribed interest rates at any relevant time and any variation thereof shall take effect and be binding on the Customer after the Bank has given prior notice to the Customer in accordance with Clause 16.8. 4.3 Interest on the Margin Loan shall be computed on the basis of a 365‐day year for Hong Kong Dollars and, in case of other currencies, a year of such number of days as is customary according to the practice of the relevant foreign exchange market in which such currency is traded for computation of interest for the currency concerned and for the actual number of days elapsed. 4.4 The Customer shall pay all accrued interest at any time on demand by the Bank and, in the absence of such demand, on the last Business Day of each calendar month or at such other intervals as the Bank may from time to time determine in its discretion. All accrued interest not duly paid when due shall be capitalised and become part of the Margin Loan on the due day and shall itself bear interest according to the Agreement.

Margin Loan. Upon termination of this Services Agreement, and unless I transfer the assets in my Account to an account eligible for a margin loan, the margin loan, if any, associated with my Account will remain with the Account as an outstanding loan. The only permissible action with respect to such margin loan is to continue to pay off the loan until it is paid off in full. No margin loan increases of any kind are permitted within the limited services brokerage Account. Additional terms governing treatment of a margin loan, if applicable, are provided in the Margin Disclosure.