{"component": "clause", "props": {"groups": [{"snippet": "6.6.1 If the Client is a Business Client and at any time Moneycorp requires the Client to provide additional Margin to Moneycorp, or any Margin where no initial Margin has been required, in excess of \u00a350,000 in accordance with clauses 6.1 to 6.5, the Client must do so in immediately accessible funds by 17.00 UK time on the Business Day on which Moneycorp gives notification of the additional Margin requirement, provided that such notification is given before 12.00 noon UK time on such Business Day. If notification of an additional Margin requirement is given after 12:00 noon UK time, the Client must provide the funds by 12:00 noon UK time on the next Business Day. If at any time Moneycorp requires the Client to provide additional Margin to Moneycorp, or Margin where no initial Margin has been required, up to and including \u00a350,000, in accordance with clauses 6.1 to 6.5, the Client must do so in immediately accessible funds by 17.00 UK time on the Business Day following the day on which Moneycorp gives notification of the additional Margin requirement, provided such notification is given before 12.00 noon UK time. If notification of an additional Margin requirement is given after 12:00 noon UK time the Client must provide the funds by 12.00 noon UK time on the second Business Day after notification of the additional Margin requirement.\n6.6.2 If the Client is a Personal Client, and Moneycorp requires the Client to provide initial or additional Margin to Moneycorp in accordance with clauses 6.1 to 6.5, the Client must do so in immediately accessible funds by 17:00 UK time on the third Business Day after the day on which Moneycorp gives notification of the initial or additional Margin requirement except for Transactions with a value of \u00a3500,000 or more where shorter time frames will apply as notified to the Client by Moneycorp in advance of entering in to the Contract.", "samples": [{"hash": "1vbUxDWv4i2", "uri": "/contracts/1vbUxDWv4i2#margin-payment", "label": "Account Agreement", "score": 36.0976028442, "published": true}, {"hash": "6wB8NLwM0ju", "uri": "/contracts/6wB8NLwM0ju#margin-payment", "label": "Account Agreement", "score": 33.7499084473, "published": true}, {"hash": "fiPujAOk2aB", "uri": "/contracts/fiPujAOk2aB#margin-payment", "label": "Foreign Exchange Account Agreement", "score": 28.6383800507, "published": true}], "size": 5, "snippet_links": [{"key": "business-client", "type": "definition", "offset": [25, 40]}, {"key": "at-any-time", "type": "clause", "offset": [45, 56]}, {"key": "to-provide", "type": "clause", "offset": [87, 97]}, {"key": "initial-margin", "type": "clause", "offset": [153, 167]}, {"key": "in-accordance-with", "type": "definition", "offset": [208, 226]}, {"key": "the-client-must", "type": "clause", "offset": [247, 262]}, {"key": "funds-by", "type": "definition", "offset": [295, 303]}, {"key": "uk-time", "type": "definition", "offset": [310, 317]}, {"key": "the-business", "type": "clause", "offset": [321, 333]}, {"key": "notification-of", "type": "definition", "offset": [363, 378]}, {"key": "additional-margin-requirement", "type": "definition", "offset": [383, 412]}, {"key": "provided-that", "type": "definition", "offset": [414, 427]}, {"key": "time-on-such-business-day", "type": "clause", "offset": [476, 501]}, {"key": "an-additional", "type": "clause", "offset": [522, 535]}, {"key": "the-funds", "type": "clause", "offset": [614, 623]}, {"key": "next-business-day", "type": "definition", "offset": [653, 670]}, {"key": "the-day", "type": "definition", "offset": [982, 989]}, {"key": "after-notification", "type": "clause", "offset": [1298, 1316]}, {"key": "personal-client", "type": "definition", "offset": [1380, 1395]}, {"key": "third-business-day", "type": "clause", "offset": [1601, 1619]}, {"key": "transactions-with", "type": "clause", "offset": [1731, 1748]}, {"key": "time-frames", "type": "definition", "offset": [1791, 1802]}, {"key": "to-the-client", "type": "clause", "offset": [1826, 1839]}, {"key": "in-advance", "type": "clause", "offset": [1853, 1863]}, {"key": "the-contract", "type": "definition", "offset": [1882, 1894]}], "hash": "4c9a55535eb6eb03de25678b95492d7e", "id": 1}, {"snippet": "For a standard Deal, the Quoting Tools allow Wholesaler the option to add Margin to the Products and Services as Wholesaler sees fit. The margin is calculated and paid monthly on an as-billed basis, during the payments period defined herein. Star2Star encourages Wholesaler to establish an ACH payment facility with Star2Star so that payments can be credited immediately. Please contact your Star2Star Representative for details.", "samples": [{"hash": "epVpMupADUf", "uri": "/contracts/epVpMupADUf#margin-payment", "label": "Full Service Wholesale Agreement", "score": 31.6154785156, "published": true}, {"hash": "feh2cGtqiVv", "uri": "/contracts/feh2cGtqiVv#margin-payment", "label": "Full Service Wholesale Agreement", "score": 31.142873764, "published": true}, {"hash": "9m80gyCXlQQ", "uri": "/contracts/9m80gyCXlQQ#margin-payment", "label": "Full Service Wholesale Agreement", "score": 30.7713069916, "published": true}], "size": 5, "snippet_links": [{"key": "quoting-tools", "type": "definition", "offset": [25, 38]}, {"key": "option-to", "type": "clause", "offset": [60, 69]}, {"key": "add-margin", "type": "definition", "offset": [70, 80]}, {"key": "the-products-and-services", "type": "clause", "offset": [84, 109]}, {"key": "period-defined", "type": "clause", "offset": [219, 233]}, {"key": "to-establish", "type": "definition", "offset": [274, 286]}, {"key": "payment-facility", "type": "clause", "offset": [294, 310]}, {"key": "please-contact", "type": "clause", "offset": [372, 386]}], "hash": "7abd71398388952cb5f35adc08eee42a", "id": 2}, {"snippet": "For a standard deal, the Quoting Tools allow Wholesaler the option to add Margin to the Products and Services as Wholesaler sees fit. The Margin is calculated and paid monthly on an as-billed basis during the payments period defined herein. Sangoma encourages Wholesaler to establish an ACH payment facility with Sangoma so that payments can be credited immediately. Please contact your Sangoma representative for details.", "samples": [{"hash": "6DLWFQeO38l", "uri": "/contracts/6DLWFQeO38l#margin-payment", "label": "Full Service Wholesale Agreement", "score": 36.4729678286, "published": true}, {"hash": "ckyAxoSStoX", "uri": "/contracts/ckyAxoSStoX#margin-payment", "label": "Full Service Wholesale Agreement", "score": 36.0894889832, "published": true}, {"hash": "kAi1IZAOs4r", "uri": "/contracts/kAi1IZAOs4r#margin-payment", "label": "Full Service Wholesale Agreement", "score": 36.0012359619, "published": true}], "size": 4, "snippet_links": [{"key": "quoting-tools", "type": "definition", "offset": [25, 38]}, {"key": "option-to", "type": "clause", "offset": [60, 69]}, {"key": "add-margin", "type": "definition", "offset": [70, 80]}, {"key": "the-products-and-services", "type": "clause", "offset": [84, 109]}, {"key": "period-defined", "type": "clause", "offset": [218, 232]}, {"key": "to-establish", "type": "definition", "offset": [271, 283]}, {"key": "payment-facility", "type": "clause", "offset": [291, 307]}, {"key": "please-contact", "type": "clause", "offset": [367, 381]}], "hash": "5e083a822ea3f21924ba609adbaf9c4d", "id": 3}, {"snippet": "6.1 At any time and from time to time, during the period of this Agreement, if the aggregate Market Value of the Fine Metal Delivered exceeds ninety five percent (95%) of the Guaranteed Sum, K&S shall, at its option, within five (5) Business Days after notice has been served by AGR MATTHEY:\n(a) Make a deposit in cash in USD, to AGR MATTHEY\u2019s account at: \u2587 \u2587 \u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587 Bank, New York Account Name: AGR MATTHEY \u2013 USD Account \u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587 AND/OR\n(b) Provide AGR MATTHEY with a further Bank Standby Letter of Credit for an amount in excess of the Guaranteed Sum AND/OR\n(c) Sell back a quantity of Gold to AGR MATTHEY (or to AGR MATTHEY\u2019s agent as directed by AGR MATTHEY in writing) in accordance with Clause 7 so that after the deposit of cash, provision of the further Bank Standby Letter of Credit and/or sell back of Gold in accordance with Clause 7, the aggregate Market Value of the Fine Metal Delivered does not exceed ninety five percent (95%) of the Guaranteed Sum.\n6.2 Where K&S elects to place cash deposits with AGR MATTHEY as opposed to increasing the value of the Bank Standby Letter of Credit (and K&S advises AGR MATTHEY in writing in advance) and such sums are not used on an ongoing basis for the payment of sums due to AGR MATTHEY which as a result allows AGR MATTHEY to place the cash deposits on a term deposit facility with their bank then any USD cash deposit made pursuant to Clause 6.1 to AGR MATTHEY in satisfaction of such Margin Payment shall earn interest based on daily balances of such deposits at a rate equal to the prevailing USD one month LIBOR rate (London Interbank Offer Rate) minus 0.5% per annum (half of one percent per annum). Interest earned on any such deposit shall be paid to K&S in accordance with Clause 8.\n6.3 Interest earned pursuant to Clause 6.2 together with any USD cash deposit made pursuant to Clause 6.1 shall be paid to K&S in full by the bank holding the USD cash deposit upon the direction of AGR MATTHEY when the USD cash deposit is returned to K&S.\n6.4 At the request of K&S, AGR MATTHEY shall return to K&S the USD cash deposit and/or Further Bank Standby Letter of Credit held as a Margin Payment to K&S, as the case may be, when the aggregate Market Value of the outstanding Gold Delivered has dropped back to or below 95% (ninety five percent) of the Guaranteed Sum and has remained so for five (5) consecutive Business Days.", "samples": [{"hash": "5p7KVwOhfNN", "uri": "/contracts/5p7KVwOhfNN#margin-payment", "label": "Sale and Leaseback Agreement", "score": 29.3408622742, "published": true}], "size": 2, "snippet_links": [{"key": "at-any-time", "type": "clause", "offset": [4, 15]}, {"key": "from-time-to-time", "type": "clause", "offset": [20, 37]}, {"key": "period-of-this-agreement", "type": "clause", "offset": [50, 74]}, {"key": "aggregate-market-value", "type": "definition", "offset": [83, 105]}, {"key": "five-percent", "type": "clause", "offset": [149, 161]}, {"key": "guaranteed-sum", "type": "definition", "offset": [175, 189]}, {"key": "after-notice", "type": "clause", "offset": [247, 259]}, {"key": "served-by", "type": "definition", "offset": [269, 278]}, {"key": "in-cash", "type": "definition", "offset": [311, 318]}, {"key": "new-york", "type": "definition", "offset": [379, 387]}, {"key": "account-name", "type": "definition", "offset": [388, 400]}, {"key": "usd-account", "type": "definition", "offset": [416, 427]}, {"key": "standby-letter-of-credit", "type": "definition", "offset": [503, 527]}, {"key": "sell-back", "type": "clause", "offset": [585, 594]}, {"key": "quantity-of", "type": "clause", "offset": [597, 608]}, {"key": "as-directed", "type": "clause", "offset": [656, 667]}, {"key": "in-writing", "type": "clause", "offset": [683, 693]}, {"key": "in-accordance-with", "type": "definition", "offset": [695, 713]}, {"key": "clause-7", "type": "definition", "offset": [714, 722]}, {"key": "deposit-of-cash", "type": "clause", "offset": [741, 756]}, {"key": "provision-of-the", "type": "clause", "offset": [758, 774]}, {"key": "to-place", "type": "definition", "offset": [1008, 1016]}, {"key": "cash-deposits", "type": "definition", "offset": [1017, 1030]}, {"key": "the-value", "type": "clause", "offset": [1073, 1082]}, {"key": "in-advance", "type": "clause", "offset": [1160, 1170]}, {"key": "payment-of-sums-due", "type": "clause", "offset": [1227, 1246]}, {"key": "term-deposit", "type": "definition", "offset": [1331, 1343]}, {"key": "usd-cash", "type": "definition", "offset": [1378, 1386]}, {"key": "pursuant-to-clause", "type": "clause", "offset": [1400, 1418]}, {"key": "satisfaction-of", "type": "clause", "offset": [1441, 1456]}, {"key": "based-on", "type": "definition", "offset": [1497, 1505]}, {"key": "daily-balances", "type": "clause", "offset": [1506, 1520]}, {"key": "equal-to", "type": "definition", "offset": [1548, 1556]}, {"key": "one-month-libor-rate", "type": "definition", "offset": [1576, 1596]}, {"key": "per-annum", "type": "clause", "offset": [1638, 1647]}, {"key": "interest-earned", "type": "definition", "offset": [1681, 1696]}, {"key": "clause-8", "type": "definition", "offset": [1757, 1765]}, {"key": "bank-holding", "type": "definition", "offset": [1909, 1921]}, {"key": "the-request", "type": "clause", "offset": [2030, 2041]}, {"key": "return-to", "type": "definition", "offset": [2068, 2077]}, {"key": "a-margin", "type": "definition", "offset": [2156, 2164]}, {"key": "payment-to", "type": "clause", "offset": [2165, 2175]}, {"key": "the-case", "type": "definition", "offset": [2184, 2192]}], "hash": "1679be63c19751c2d55de84e7c9ba5ea", "id": 4}, {"snippet": "1If the Client is a Business Client and at any time Moneycorp requires the Client to provide additional Margin to Moneycorp, or any Margin where no initial Margin has been required, in excess of \u00a350,000 in accordance with clauses 6.1 to 6.5, the Client must do so in immediately accessible funds by 17.00 UK time on the Business Day on which Moneycorp gives notification of the additional Margin requirement, provided that such notification is given before 12.00 noon UK time on such Business Day. If notification of an additional Margin requirement is given after 12:00 noon UK time, the Client must provide the funds by 12:00 noon UK time on the next Business Day. If at any time Moneycorp requires the Client to provide additional Margin to Moneycorp, or Margin where no initial Margin has been required, up to and including \u00a350,000, in accordance with clauses 6.1 to 6.5, the Client must do so in immediately accessible funds by 17.00 UK time on the Business Day following the day on which Moneycorp gives notification of the additional Margin requirement, provided such notification is given before 12.00 noon UK time. If notification of an additional Margin requirement is given after 12:00 noon UK time the Client must provide the funds by 12.00 noon UK time on the second Business Day after notification of the additional Margin requirement.", "samples": [{"hash": "ckvBbb1Penq", "uri": "/contracts/ckvBbb1Penq#margin-payment", "label": "Commercial Foreign Exchange Account Agreement", "score": 23.1601638794, "published": true}], "size": 1, "snippet_links": [{"key": "business-client", "type": "definition", "offset": [20, 35]}, {"key": "at-any-time", "type": "clause", "offset": [40, 51]}, {"key": "to-provide", "type": "clause", "offset": [82, 92]}, {"key": "initial-margin", "type": "clause", "offset": [148, 162]}, {"key": "in-accordance-with", "type": "definition", "offset": [203, 221]}, {"key": "the-client-must", "type": "clause", "offset": [242, 257]}, {"key": "funds-by", "type": "definition", "offset": [290, 298]}, {"key": "uk-time", "type": "definition", "offset": [305, 312]}, {"key": "the-business", "type": "clause", "offset": [316, 328]}, {"key": "notification-of", "type": "definition", "offset": [358, 373]}, {"key": "additional-margin-requirement", "type": "definition", "offset": [378, 407]}, {"key": "provided-that", "type": "definition", "offset": [409, 422]}, {"key": "time-on-such-business-day", "type": "clause", "offset": [471, 496]}, {"key": "an-additional", "type": "clause", "offset": [517, 530]}, {"key": "the-funds", "type": "clause", "offset": [609, 618]}, {"key": "next-business-day", "type": "definition", "offset": [648, 665]}, {"key": "the-day", "type": "definition", "offset": [977, 984]}, {"key": "after-notification", "type": "clause", "offset": [1293, 1311]}], "hash": "c39bd68fb1e5236b8461fe9102c75fbe", "id": 5}, {"snippet": "6.6.1 If the Client is a Business Client and at any time Moneycorp requires the Client to provide additional Margin to Moneycorp, or any Margin where no initial Margin has been required, in excess of \u20ac50,000 in accordance with clauses 6.1 to 6.5, the Client must do so in immediately accessible funds by 17.00 Irish time on the Business Day on which Moneycorp gives notification of the additional Margin requirement, provided that such notification is given before 12.00 noon Irish time on such Business Day. If notification of an additional Margin requirement is given after 12:00 noon Irish time, the Client must provide the funds by 12:00 noon Irish time on the next Business Day. If at any time Moneycorp requires the Client to provide additional Margin to Moneycorp, or Margin where no initial Margin has been required, up to and including \u20ac50,000, in accordance with clauses 6.1 to 6.5, the Client must do so in immediately accessible funds by 17.00 Irish time on the Business Day following the day on which Moneycorp gives notification of the additional Margin requirement, provided such notification is given before 12.00 noon Irish time. If notification of an additional Margin requirement is given after 12:00 noon Irish time the Client must provide the funds by 12.00 noon Irish time on the second Business Day after notification of the additional Margin requirement.\n6.6.2 If the Client is a Personal Client, and Moneycorp requires the Client to provide initial or additional Margin to Moneycorp in accordance with clauses 6.1 to 6.5, the Client must do so in immediately accessible funds by 17:00 Irish time on the third Business Day after the day on which Moneycorp gives notification of the initial or additional Margin requirement except for Transactions with a value of \u20ac500,000 or more where shorter time frames will apply as notified to the Client by Moneycorp in advance of entering in to the Contract.", "samples": [{"hash": "j9O7eZG375O", "uri": "/contracts/j9O7eZG375O#margin-payment", "label": "Account Agreement", "score": 30.7477664948, "published": true}], "size": 1, "snippet_links": [{"key": "business-client", "type": "definition", "offset": [25, 40]}, {"key": "at-any-time", "type": "clause", "offset": [45, 56]}, {"key": "to-provide", "type": "clause", "offset": [87, 97]}, {"key": "initial-margin", "type": "clause", "offset": [153, 167]}, {"key": "in-accordance-with", "type": "definition", "offset": [208, 226]}, {"key": "the-client-must", "type": "clause", "offset": [247, 262]}, {"key": "funds-by", "type": "definition", "offset": [295, 303]}, {"key": "irish-time", "type": "definition", "offset": [310, 320]}, {"key": "the-business", "type": "clause", "offset": [324, 336]}, {"key": "notification-of", "type": "definition", "offset": [366, 381]}, {"key": "additional-margin-requirement", "type": "definition", "offset": [386, 415]}, {"key": "provided-that", "type": "definition", "offset": [417, 430]}, {"key": "time-on-such-business-day", "type": "clause", "offset": [482, 507]}, {"key": "an-additional", "type": "clause", "offset": [528, 541]}, {"key": "the-funds", "type": "clause", "offset": [623, 632]}, {"key": "next-business-day", "type": "definition", "offset": [665, 682]}, {"key": "the-day", "type": "definition", "offset": [997, 1004]}, {"key": "after-notification", "type": "clause", "offset": [1322, 1340]}, {"key": "personal-client", "type": "definition", "offset": [1404, 1419]}, {"key": "third-business-day", "type": "clause", "offset": [1628, 1646]}, {"key": "transactions-with", "type": "clause", "offset": [1758, 1775]}, {"key": "time-frames", "type": "definition", "offset": [1818, 1829]}, {"key": "to-the-client", "type": "clause", "offset": [1853, 1866]}, {"key": "in-advance", "type": "clause", "offset": [1880, 1890]}, {"key": "the-contract", "type": "definition", "offset": [1909, 1921]}], "hash": "c08ea7ac84e89a10d8afe9f969393320", "id": 6}, {"snippet": "6.1 At any time and from time to time, during the period of this Agreement, if the aggregate Market Value of the Fine Metal Delivered exceeds ninety five percent (95%) of the Guaranteed Sum, K&S shall, at its option, within five (5) Business Days after notice has been served by AGR MATTHEY:\n(a) Make a deposit in cash in USD, to AGR MATTHEY\u2019s account at: \u2587 \u2587 \u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587 Bank, New York Account Name: AGR MATTHEY \u2013 USD Account \u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587 AND/OR\n(b) Provide AGR MATTHEY with a further Bank Standby Letter of Credit for an amount in excess of the Guaranteed Sum AND/OR\n(c) Sell back a quantity of Gold to AGR MATTHEY (or to AGR MATTHEY\u2019s agent as directed by AGR MATTHEY in writing) in accordance with Clause 7 so that after the deposit of cash, provision of the further Bank Standby Letter of Credit and/or sell back of Gold in accordance with Clause 7, the aggregate Market Value of the Fine Metal Delivered does not exceed ninety five percent (95%) of the Guaranteed Sum.", "samples": [{"hash": "9Rc46sxCp5p", "uri": "/contracts/9Rc46sxCp5p#margin-payment", "label": "Sale and Buyback of Fine Metal Agreement (Kulicke & Soffa Industries Inc)", "score": 21.0, "published": true}], "size": 1, "snippet_links": [{"key": "at-any-time", "type": "clause", "offset": [4, 15]}, {"key": "from-time-to-time", "type": "clause", "offset": [20, 37]}, {"key": "period-of-this-agreement", "type": "clause", "offset": [50, 74]}, {"key": "aggregate-market-value", "type": "definition", "offset": [83, 105]}, {"key": "five-percent", "type": "clause", "offset": [149, 161]}, {"key": "guaranteed-sum", "type": "definition", "offset": [175, 189]}, {"key": "after-notice", "type": "clause", "offset": [247, 259]}, {"key": "served-by", "type": "definition", "offset": [269, 278]}, {"key": "in-cash", "type": "definition", "offset": [311, 318]}, {"key": "new-york", "type": "definition", "offset": [379, 387]}, {"key": "account-name", "type": "definition", "offset": [388, 400]}, {"key": "usd-account", "type": "definition", "offset": [416, 427]}, {"key": "standby-letter-of-credit", "type": "definition", "offset": [491, 515]}, {"key": "sell-back", "type": "clause", "offset": [573, 582]}, {"key": "quantity-of", "type": "clause", "offset": [585, 596]}, {"key": "as-directed", "type": "clause", "offset": [644, 655]}, {"key": "in-writing", "type": "clause", "offset": [671, 681]}, {"key": "in-accordance-with", "type": "definition", "offset": [683, 701]}, {"key": "clause-7", "type": "definition", "offset": [702, 710]}, {"key": "deposit-of-cash", "type": "clause", "offset": [729, 744]}, {"key": "provision-of-the", "type": "clause", "offset": [746, 762]}], "hash": "35c54fa001d3683d2ecf47ebe8485510", "id": 7}, {"snippet": "1If the Client is a Business Client and at any time Moneycorp Bank requires the Client to provide additional Margin to Moneycorp Bank, or any Margin where no initial Margin has been required, in excess of \u00a350,000 in accordance with clauses 7.1 to 7.5, the Client must do so in immediately accessible funds by 17.00 Gibraltar time on the Business Day on which Moneycorp Bank gives notification of the additional Margin requirement, provided that such notification is given before 12.00 noon Gibraltar time on such Business Day. If notification of an additional Margin requirement is given after 12:00 noon Gibraltar time, the Client must provide the funds by 12:00 noon Gibraltar time on the next Business Day. If at any time Moneycorp Bank requires the Client to provide additional Margin to Moneycorp Bank, or Margin where no initial Margin has been required, up to and including \u00a350,000, in accordance with clauses 7.1 to 7.5, the Client must do so in immediately accessible funds by 17.00 Gibraltar time on the Business Day following the day on which Moneycorp Bank gives notification of the additional Margin requirement, provided such notification is given before 12.00 noon Gibraltar time. If notification of an additional Margin requirement is given after 12:00 noon Gibraltar time the Client must provide the funds by 12.00 noon Gibraltar time on the second Business Day after notification of the additional Margin requirement.", "samples": [{"hash": "8fGrK2gUtyV", "uri": "/contracts/8fGrK2gUtyV#margin-payment", "label": "Account Agreement", "score": 27.3589057922, "published": true}], "size": 1, "snippet_links": [{"key": "business-client", "type": "definition", "offset": [20, 35]}, {"key": "at-any-time", "type": "clause", "offset": [40, 51]}, {"key": "to-provide", "type": "clause", "offset": [87, 97]}, {"key": "initial-margin", "type": "clause", "offset": [158, 172]}, {"key": "in-accordance-with", "type": "definition", "offset": [213, 231]}, {"key": "the-client-must", "type": "clause", "offset": [252, 267]}, {"key": "funds-by", "type": "definition", "offset": [300, 308]}, {"key": "the-business", "type": "clause", "offset": [333, 345]}, {"key": "notification-of", "type": "definition", "offset": [380, 395]}, {"key": "additional-margin-requirement", "type": "definition", "offset": [400, 429]}, {"key": "provided-that", "type": "definition", "offset": [431, 444]}, {"key": "time-on-such-business-day", "type": "clause", "offset": [500, 525]}, {"key": "an-additional", "type": "clause", "offset": [546, 559]}, {"key": "the-funds", "type": "clause", "offset": [645, 654]}, {"key": "next-business-day", "type": "definition", "offset": [691, 708]}, {"key": "the-day", "type": "definition", "offset": [1037, 1044]}, {"key": "after-notification", "type": "clause", "offset": [1379, 1397]}], "hash": "f3f0d593b25edc448215ad570003a2ec", "id": 8}, {"snippet": "In the event that (i) AB does not submit a Make Good PO to order an amount of Products such that the MGPO Aggregate Purchase Price for such ordered Products is at least equal to the difference between (A) the Adjusted Contract Year Purchase Minimum for Contract Year Three and (B) the Aggregate Purchase Price for Products purchased by AB during Contract Year Three or (ii) Section 7.2(b) prohibits AB from submitting such a Make Good PO, on or prior to thirty (30) days after the end of Contract Year Three, AB shall pay to \u2587\u2587\u2587\u2587\u2587\u2587 an amount equal to [OMITTED MATERIAL] (such amount, the \u201cMargin Payment\u201d) where: P = [OMITTED MATERIAL] Q = [OMITTED MATERIAL] R = [OMITTED MATERIAL]", "samples": [{"hash": "iTBEjZsCe5u", "uri": "/contracts/iTBEjZsCe5u#margin-payment", "label": "Distribution Agreement (Harvard Bioscience Inc)", "score": 19.0, "published": true}], "size": 1, "snippet_links": [{"key": "in-the-event", "type": "clause", "offset": [0, 12]}, {"key": "make-good", "type": "clause", "offset": [43, 52]}, {"key": "ordered-products", "type": "definition", "offset": [140, 156]}, {"key": "at-least-equal-to", "type": "definition", "offset": [160, 177]}, {"key": "year-three", "type": "definition", "offset": [262, 272]}, {"key": "products-purchased", "type": "clause", "offset": [314, 332]}, {"key": "during-contract", "type": "clause", "offset": [339, 354]}, {"key": "prior-to", "type": "definition", "offset": [445, 453]}, {"key": "days-after", "type": "definition", "offset": [466, 476]}, {"key": "end-of-contract-year", "type": "clause", "offset": [481, 501]}, {"key": "pay-to", "type": "definition", "offset": [518, 524]}], "hash": "446b320bac3de0a4cba63a3edcb73848", "id": 9}, {"snippet": "For the period commencing January 1, 2003 through and including December 31, 2005 (except as set forth otherwise herein) (the \"Margin Payment Period\"), Buyer shall pay to Seller (or Seller's designee) on a monthly basis in immediately available funds, by wire transfer to an account designated by Seller, an amount (each such amount, a \"Margin Payment\") equal to (I) the Gasoline Margin Payment for such month, plus (II) the Heating Oil Margin Payment for such month, plus (III) any portion of any previous Margin Payment (including any interest accrued thereon) that remains unpaid; provided, however, that Buyer's total Margin Payments under this Agreement shall not exceed Twenty Five Million Dollars ($25,000,000) (excluding interest paid, if any, by Buyer to Seller as a result of Buyer's failure to make payment when due on any Margin Payment), and the Margin Payment Period shall expire upon Buyer's payment of such amount. Buyer's obligation to pay each Margin Payment when due shall not be conditioned upon or related in any way to the performance of the Business or any other businesses of the Buyer, Buyer's operation thereof, the condition of the Purchased Assets or Buyer's ownership of the Purchased Assets.\n(i) For purposes of this Section 3(e), the \"Gasoline Margin Payment\" in any month shall equal an amount determined by multiplying (x) 10,000 by (y) the amount by which the Actual Gasoline Margin exceeds $5.500 per barrel by (z) the number of days in the month. For purposes of this Section 3(e), the \"Heating Oil Margin Payment\" in any given month shall equal an amount determined by multiplying (x) 10,000 by (y) the amount by which the Actual Heating Oil Margin exceeds $4.000 per barrel by (z) the number of days in the month.\n(ii) For purposes of this Section 3(e), the \"Actual Gasoline Margin\" shall be an amount equal to (a) the average amount per barrel of the near month unleaded gasoline contract quoted on the New York Mercantile Exchange for each day of the month on which such contract is quoted, measured at settlement less (b) the average amount per barrel of the near month light sweet crude oil contract quoted on the New York Mercantile Exchange for each day of the month on which such contract is quoted, measured at settlement. For purposes of this Section 3(e), the \"Actual Heating Oil Margin\" shall be an amount equal to (a) the average amount per barrel of the near month heating oil contract quoted on the New York Mercantile Exchange for each day of the month on which such contract is quoted, measured at settlement, less (b) the average amount per barrel of the near month light sweet crude oil contract quoted on the New York Mercantile Exchange for each day of the month on which such contract is quoted, measured at settlement.\n(iii) Each Margin Payment shall be paid no later than the fifth day on which banks located in New York, NY conduct business of the month immediately succeeding the month for which such Margin Payment is calculated (each such date, a \"Due Date\"). In the event that Buyer fails to pay any Margin Payment by the corresponding Due Date, such Margin Payment shall accrue interest at an annual rate equal to the lower of (i) the rate appearing on page 3750 of the Telerate Service (or on any successor or substitute page of such service, or any successor to or substitute for such services, providing rate quotations comparable to those currently provided on such page of such service for purposes of providing quotations of interest rates applicable to dollar deposits in the London interbank market)(\"LIBOR\") (calculated at the end of the day on the Due Date, as adjusted at the end of each subsequent Due Date while any Margin Payment and corresponding interest remains outstanding) plus five percent (5%) or (ii) the highest interest rate allowable by law. All amounts of any Margin Payment (including any interest accrued thereon) that remain unpaid as of the Due Date of the immediately succeeding month shall become part of the succeeding Margin Payment in the manner set forth in Section 3(e) above.\n(iv) Upon Buyer's failure to make three (3) successive Margin Payments on or prior to the Due Date as provided in this Section 3(e), Buyer shall immediately pay to Seller (a) Twenty Five Million Dollars ($25,000,000) less (b) the sum of all Margin Payments previously made by Buyer under this Agreement (excluding interest paid, if any, by Buyer to Seller, or outstanding, as a result of Buyer's failure to make payment when due on any Margin Payment).\n(v) Notwithstanding any of the provisions in this Section 3(e), at any time during the life of this Agreement Buyer may discharge all of its obligations relating to such Margin Payments and shall not be subject to any further requirement to make any Margin Payments (other than the payment of interest, if any, accruing as a result of a failure to make any Margin Payment as described in Section 3(e)(iii) above) and the Margin Payment Period shall expire if (i) Buyer provides written notice to Seller (or Seller's designee) of its intent to make a payment under this Section 3(e)(v) at least ninety (90) days prior to any such payment, and (ii) Buyer pays to Seller (or Seller's designee) an amount in cash equal to (i) Twenty Five Million Dollars ($25,000,000) less (ii) the sum of all Margin Payments previously made by Buyer under this Agreement (excluding interest paid, if any, by Buyer to Seller, or outstanding, as a result of Buyer's failure to make payment when due on any Margin Payment).", "samples": [{"hash": "5cloLqyw0mi", "uri": "/contracts/5cloLqyw0mi#margin-payment", "label": "Asset Purchase Agreement (Giant Industries Inc)", "score": 18.0, "published": true}], "size": 1, "snippet_links": [{"key": "the-period", "type": "clause", "offset": [4, 14]}, {"key": "payment-period", "type": "clause", "offset": [134, 148]}, {"key": "buyer-shall", "type": "clause", "offset": [152, 163]}, {"key": "pay-to", "type": "definition", "offset": [164, 170]}, {"key": "monthly-basis", "type": "definition", "offset": [206, 219]}, {"key": "immediately-available-funds", "type": "definition", "offset": [223, 250]}, {"key": "transfer-to", "type": "definition", "offset": [260, 271]}, {"key": "by-seller", "type": "clause", "offset": [294, 303]}, {"key": "equal-to", "type": "definition", "offset": [354, 362]}, {"key": "payment-for", "type": "clause", "offset": [387, 398]}, {"key": "heating-oil", "type": "definition", "offset": [425, 436]}, {"key": "interest-accrued", "type": "definition", "offset": [537, 553]}, {"key": "payments-under-this-agreement", "type": "clause", "offset": [629, 658]}, {"key": "interest-paid", "type": "definition", "offset": [729, 742]}, {"key": "by-buyer-to-seller", "type": "clause", "offset": [752, 770]}, {"key": "of-buyer", "type": "clause", "offset": [783, 791]}, {"key": "payment-when-due", "type": "clause", "offset": [810, 826]}, {"key": "upon-buyer", "type": "clause", "offset": [894, 904]}, {"key": "obligation-to-pay", "type": "clause", "offset": [939, 956]}, {"key": "be-conditioned", "type": "clause", "offset": [996, 1010]}, {"key": "the-performance", "type": "clause", "offset": [1041, 1056]}, {"key": "the-business", "type": "clause", "offset": [1060, 1072]}, {"key": "other-businesses", "type": "clause", "offset": [1080, 1096]}, {"key": "of-the-buyer", "type": "clause", "offset": [1097, 1109]}, {"key": "condition-of-the-purchased-assets", "type": "clause", "offset": [1142, 1175]}, {"key": "ownership-of-the-purchased-assets", "type": "clause", "offset": [1187, 1220]}, {"key": "for-purposes-of-this-section", "type": "clause", "offset": [1226, 1254]}, {"key": "days-in", "type": "definition", "offset": [1464, 1471]}, {"key": "unleaded-gasoline", "type": "definition", "offset": [1901, 1918]}, {"key": "new-york", "type": "definition", "offset": [1942, 1950]}, {"key": "day-of", "type": "clause", "offset": [1980, 1986]}, {"key": "at-settlement", "type": "clause", "offset": [2040, 2053]}, {"key": "oil-contract", "type": "definition", "offset": [2129, 2141]}, {"key": "located-in", "type": "definition", "offset": [2862, 2872]}, {"key": "conduct-business", "type": "clause", "offset": [2886, 2902]}, {"key": "due-date", "type": "clause", "offset": [3013, 3021]}, {"key": "in-the-event", "type": "clause", "offset": [3025, 3037]}, {"key": "fails-to-pay", "type": "clause", "offset": [3049, 3061]}, {"key": "payment-by-the", "type": "clause", "offset": [3073, 3087]}, {"key": "annual-rate", "type": "definition", "offset": [3160, 3171]}, {"key": "the-rate", "type": "definition", "offset": [3198, 3206]}, {"key": "page-3750", "type": "definition", "offset": [3220, 3229]}, {"key": "telerate-service", "type": "definition", "offset": [3237, 3253]}, {"key": "page-of", "type": "clause", "offset": [3289, 3296]}, {"key": "rate-quotations", "type": "clause", "offset": [3374, 3389]}, {"key": "applicable-to", "type": "clause", "offset": [3513, 3526]}, {"key": "end-of-the-day", "type": "definition", "offset": [3603, 3617]}, {"key": "as-adjusted", "type": "definition", "offset": [3635, 3646]}, {"key": "corresponding-interest", "type": "definition", "offset": [3715, 3737]}, {"key": "five-percent", "type": "clause", "offset": [3764, 3776]}, {"key": "date-of", "type": "clause", "offset": [3942, 3949]}, {"key": "prior-to-the", "type": "clause", "offset": [4158, 4170]}, {"key": "sum-of", "type": "clause", "offset": [4311, 4317]}, {"key": "the-provisions", "type": "clause", "offset": [4561, 4575]}, {"key": "at-any-time", "type": "clause", "offset": [4598, 4609]}, {"key": "life-of-this-agreement", "type": "clause", "offset": [4621, 4643]}, {"key": "buyer-may", "type": "definition", "offset": [4644, 4653]}, {"key": "relating-to", "type": "definition", "offset": [4687, 4698]}, {"key": "subject-to", "type": "definition", "offset": [4737, 4747]}, {"key": "payment-of-interest", "type": "definition", "offset": [4816, 4835]}, {"key": "notice-to-seller", "type": "clause", "offset": [5020, 5036]}, {"key": "days-prior", "type": "definition", "offset": [5140, 5150]}, {"key": "in-cash", "type": "definition", "offset": [5235, 5242]}], "hash": "0416a298d45fd91358a383b933beac00", "id": 10}], "next_curs": "ClcSUWoVc35sYXdpbnNpZGVyY29udHJhY3RzcjMLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhdtYXJnaW4tcGF5bWVudCMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"title": "Margin Payment", "size": 26, "children": [["chargeback-for-subscriber-refund-or-credit", "Chargeback for Subscriber Refund or Credit"], ["wholesaler-maintenance-margin-legacy-orders", "Wholesaler Maintenance Margin (Legacy Orders"], ["subscriber", "Subscriber"], ["margin-statements", "Margin Statements"], ["modifying-base-rates", "Modifying Base Rates"]], "parents": [["the-clients-money-and-margins-for-contracts", "THE CLIENT\u2019S MONEY AND MARGINS FOR CONTRACTS"], ["progress-reports", "Progress Reports"], ["margin-payment", "Margin Payment"], ["taxes-and-fees", "Taxes and Fees"], ["products-and-services", "Products and Services"]], "id": "margin-payment", "related": [["delay-in-payment", "Delay in Payment", "Delay in Payment"], ["default-in-payment", "Default in Payment", "Default in Payment"], ["all-in-payments", "ALL-IN PAYMENTS", "ALL-IN PAYMENTS"], ["down-payment", "Down Payment", "Down Payment"], ["certain-payments", "Certain Payments", "Certain Payments"]], "related_snippets": [], "updated": "2025-07-10T05:58:13+00:00"}, "json": true, "cursor": ""}}