Minimum Collateral Sample Clauses
The Minimum Collateral clause sets a required baseline amount of collateral that must be maintained by a party in a financial or contractual arrangement. This clause typically applies to transactions involving loans, derivatives, or secured obligations, where the party providing collateral must ensure that its value does not fall below a specified threshold. By establishing this minimum, the clause helps protect the counterparty from credit risk by ensuring there are always sufficient assets available to cover potential losses or defaults.
Minimum Collateral. Holdings will not at any time permit the Collateral to Total Exposure Ratio to be less than 0.50 to 1.00; provided, however, that if Holdings shall fail to maintain the Collateral to Total Exposure Ratio as set forth in this Section 9.15, the Borrower shall as soon as reasonably practicable, but not in any event later than 45 days after the occurrence of such failure, cause one or more Qualified Aircraft to be admitted to the Collateral Pool in order to cause Holdings to be in compliance with this Section 9.15 (such compliance to be both at the time of the initial determination requiring curative action under this Section 9.15 and immediately after giving effect to the addition of such Qualified Aircraft).
Minimum Collateral. Collateral determined by the Bank on the basis of comprehensive assessment of risk resulting from the given Transaction, taking into account its type, currency, Transaction amounts, nominal values, the term for which it has been executed, price volatility level or underlying instrument volatility level. In the course of agreeing on the Transaction Terms, upon express request of the Customer, the Bank shall specify the value of the Minimum Collateral concerning any given Transaction.
Minimum Collateral. At all times during the term of this Agreement, the Depository agrees:
a. To maintain on deposit with the Custodian, for the benefit of the Treasurer, acceptable Collateral having a fair market value that is at least 102 percent of the amount of the uninsured balances of the public money of the public depositor held by the Depository.
b. Should the Depository not maintain the minimum level of Collateral required to be held by the Custodian as described in paragraph (a), the Depository must pledge additional collateral to meet the requirements described in paragraph
(a) on or before the close of market on the same business day that the Depository fails to maintain the minimum level of Collateral required by paragraph (a).
c. Depository agrees that at no time will the Depository hold public money in an amount exceeding the total equity of the Depository as reflected in the financial statements of the Depository.
Minimum Collateral. The Minimum PO/AR Level and Minimum Cash Collateral Level set forth in Section 7 shall be met after giving effect to the issuance of any Note previously issued or being issued and application of a portion of the Note proceeds to the Cash Collateral Level.
Minimum Collateral. The Pledge Agreements executed under Section 3.4(H) shall include a pledge of the Loan Parties' interest in the Chateau on the Lake, Branson, Missouri. In addition to the pledge of the equity interests in the Chateau on the Lake, the minimum cash equity investment in the Existing ▇▇▇▇▇▇▇ Hotels that are owned indirectly by Borrower through its ownership of the Project Owners will not be less than $25,000,000.
Minimum Collateral. As security for the prompt payment and performance in full when due of its obligations under this Agreement, prior to the Closing Date and at all times during this Agreement Premcor must provide MSCG with a Letter of Credit in the amount of **______________ (the "Minimum Collateral L/C"). The term of the Minimum Collateral L/C shall be the maximum allowable term (with automatic renewal, if allowed) under that certain Amended and Restated Credit Agreement dated February 11, 2003 between Premcor and the financial institutions party thereto or any successor credit facility. ______________________ ** This information is confidential and has been omitted and separately filed with the Securities and Exchange Commission.
Minimum Collateral. Commencing as of the date of this Agreement and continuing until $100,000,000 aggregate principal amount of Notes have been issued under this Agreement, the Company will not permit the Collateral Value to be less than $150,000,000 at any time.