Margin Percentage Sample Clauses
The Margin Percentage clause defines the specific percentage of collateral or margin that a party must maintain in relation to their obligations under an agreement. In practice, this clause sets a required ratio between the value of posted collateral and the underlying exposure, such as requiring a party to maintain collateral equal to 105% of the exposure amount. Its core function is to ensure that sufficient security is always available to cover potential losses, thereby reducing credit risk and providing financial assurance to the parties involved.
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Margin Percentage. For any Transaction in which a Fund is acting as Buyer, the Buyer’s Margin Percentage shall always be equal to at least %, or such other percentage as the parties hereto may from time to time mutually determine; provided, that in no event shall such percentage be less than 100%. For any Transaction in which a Fund is acting as Seller, the Buyer’s Margin Percentage shall be such percentage as the parties hereto may from time to time mutually determine; provided, that in no event shall such percentage be less than 100%.
Margin Percentage. For purposes of the Agreement and all other Transaction Documents, “Margin Percentage” means, on any date:
(a) for any CL Loan, ninety-seven percent (97%); and
(b) for any other Eligible Mortgage Loan, ninety-five percent (95%).
Margin Percentage l02% or such other percentage as is specified on Schedule 1 hereto. Unless otherwise specified on Schedule 1 hereto, the Margin Percentage for cash shall be 100%.
Margin Percentage. We will specify the Margin Percentage for each Foreign Exchange Contract in the relevant Commercial Terms Annexure. In accordance with clause 4.3 of this Agreement, Margin Percentages may be subject to change without notice.
Margin Percentage. At the relevant time of reference hereto, the applicable rate per annum, expressed in Basis Points, set forth in the table attached hereto as Schedule 1.2 beneath the column for the applicable Debt Rating in the row labeled “Margin Percentage”, as adjusted in accordance with the paragraph below such table.
Margin Percentage. Notwithstanding the definition of "Margin Percentage" contained in section 25.37, the Margin Percentage shall be 95% or as otherwise agreed to between Lender and Borrower at the commencement of the a loan.
Margin Percentage. At the relevant time of reference hereto, the ------------------- applicable rate per annum, expressed in Basis Points, set forth in the table attached hereto as Schedule 1.2 beneath the column for the applicable Debt Rating in the row labeled Margin Percentage, as adjusted in accordance with the paragraphs below such table. Material Adverse Change. Any event, development, change or circumstance ------------------------ that, either individually or when taken together with any such other event, change or the like, (a) materially adversely affects, or could reasonably be expected to materially adversely affect, the financial condition or business of the Borrower and its Subsidiaries, taken as a whole, (b) materially adversely affects, or could reasonably be expected to materially adversely affect, the ability of the Borrower to perform any of its payment or other obligations under this Credit Agreement or any of the other Loan Documents, or (c) materially impairs, or could reasonably be expected to materially impair, the validity or enforceability of this Credit Agreement or any of the other Loan Documents or any of the rights or remedies of the Agents or the Lenders thereunder.
Margin Percentage. You must pay to us the Margin required by us for all of your open Positions (the Total Margin Requirement). Your Total Equity will be determined by us on an ongoing basis during the day. If there is any shortfall between your Total Equity and the Margin Call Level for all your open Contracts, you are required deposit additional funds into your account so that there is no shortfall. These funds are due and payable to us immediately on your Total Equity falling below the Margin Call Level for all your open Contracts.
Margin Percentage. At the relevant time of reference thereto, the applicable rate per annum, expressed in Basis Points, set forth in the table attached hereto as Schedule 1.2 beneath the column for the applicable Debt Rating in the row labeled "Margin Percentage". Material Subsidiaries. United States Cellular Operating Company, a Delaware corporation, United States Cellular Investment Company, a Delaware corporation, and any other Subsidiary that is directly or indirectly owned by the Borrower and whose total assets constitute at least 10% of Consolidated Total Assets or whose gross revenues determined in accordance with Generally Accepted Accounting Principles constitute at least 10% of the consolidated gross revenues of the Borrower and its Subsidiaries calculated in accordance with Generally Accepted Accounting Principles. Maturity Date. August 29, 2004, provided that in any case, if earlier, the Maturity Date shall be deemed to occur on the date on which the outstanding Loans hereunder are declared or become due and payable pursuant to the terms of this Credit Agreement, including, without limitation, pursuant to Section 6.2.2 and/or Section 10 hereof, or on which the Total Commitment is terminated.
Margin Percentage. Paragraph 4 of the Side Letter is amended in its entirety to read as follows: For purposes of the Agreement and all other Transaction Documents, “Margin Percentage” means, on any date:
(a) for any CL Loan except Investor Loans, ninety-seven percent (97%);
(b) for any Investor Loan, ninety-five percent (95%);
(c) for any CL Jumbo Loan, ninety-three percent (93%); and
(d) for any other Eligible Mortgage Loan (including Non-CL Loans), ninety-five percent (95%).