Minimum Transfer Amount Clause Samples
The Minimum Transfer Amount clause sets a threshold below which parties are not required to transfer collateral or margin between each other. In practice, this means that if the calculated collateral requirement falls below the specified minimum amount, no transfer needs to occur until the threshold is exceeded. This clause helps reduce the administrative burden and transaction costs associated with frequent small transfers, ensuring efficiency in collateral management and preventing unnecessary operational work for minor amounts.
POPULAR SAMPLE Copied 2 times
Minimum Transfer Amount. Party A Minimum Transfer Amount: $100,000 B. Party B Minimum Transfer Amount: $N/A
Minimum Transfer Amount. In the event that a Minimum Transfer Amount has been agreed for a Party in Clause 14.1, that Party shall be obliged to transfer pursuant to Clause 3 or Clause 4 only if the Value of the Eligible Credit Support to be transferred is at least equal to such Minimum Transfer Amount.
Minimum Transfer Amount. Notwithstanding anything to the contrary in the Agreement, the term “
Minimum Transfer Amount. Notwith- standing any other provision of this rule, a security-based swap dealer is not required to collect or deliver col- lateral pursuant to this section with respect to a particular counterparty unless and until the total amount of collateral that is required to be col- lected or delivered, and has not yet been collected or delivered, with re- spect to the counterparty is greater than $500,000.
Minimum Transfer Amount. Pursuant to Paragraph 4(e) of the Agreement, the parties hereby represent that the respective rights of Buyer or Seller (or both) under subparagraphs (a) and (b) of Paragraph 4 of the Agreement may be exercised only where a Margin Deficit or Margin Excess, as the case may be, exceeds $250,000.
Minimum Transfer Amount. Pursuant to Paragraph 4(e) of the Agreement, the parties hereby agree that the respective rights of Buyer or Seller (or both) under subparagraphs (a) and (b) of Paragraph 4 of the Agreement may be exercised only where a Margin Deficit or Margin Excess, as the case may be, exceeds USD 250,000. [REMAINDER OF THIS PAGE LEFT INTENTIONALLY BLANK] Restricted - External Docusign Envelope ID: 510A4FAC-7C30-458E-B5DC-6DB786479D7C IN WITNESS WHEREOF, the parties have caused this ▇▇▇▇▇ ▇ to be executed by their respective officers, thereunto duly authorized, as of the date first above written. Restricted - External Managing Director By: ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: _Authorized Signatory 28 August 2024 Date: 8/28/2024 Restricted - External Docusign Envelope ID: 510A4FAC-7C30-458E-B5DC-6DB786479D7C This Schedule I.A forms a part of Annex I to the Master Repurchase Agreement dated as of _August 28, 2024 (the
Minimum Transfer Amount. Paragraph 4(c) of the Agreement shall be amended to read as follows: If any notice is given by Buyer or Seller under subparagraph (a) or (b) of this Paragraph at or before the Margin Notice Deadline on any business day, the party receiving such notice shall transfer cash or Additional Purchased Securities as provided in such subparagraph no later than the close of business in the relevant market on such day. If any such notice is given after the Margin Notice Deadline, the party receiving such notice shall transfer such cash or Securities no later than the close of business in the relevant market on the next business day following such notice, provided that, notwithstanding anything to the contrary in this Agreement, neither party shall be required to transfer any cash or Additional Purchased Securities to the other party under subparagraph (a) or (b) above (as applicable) unless such amount stated in the relevant notice delivered by the requesting party as the amount required to be transferred pursuant to sub-paragraph (a) or (b) above (as applicable) exceeds the Minimum Transfer Amount.
Minimum Transfer Amount. Margin Maintenance provisions of Paragraph 4 of this Agreement will operate only where Margin Deficit or Margin Excess exceeds $100,000.
Minimum Transfer Amount. Notwithstanding the foregoing, the Parties agree that the Transfer of the Daily Delivery Return Amount or Adjusted Daily Delivery Return Amount shall not be required unless and until the Daily Delivery Return Amount or Adjusted Daily Delivery Return Amount, or the sum of any previously unsatisfied Daily Delivery Return Amounts or Adjusted Daily Delivery Return Amounts, equals or exceeds 1 BTC (the “Minimum Transfer Amount”); provided that, (i) once the Minimum Transfer Amount has been exceeded, Purchaser shall be required to Transfer the Daily Delivery Return Amount(s) or Adjusted Daily Delivery Return Amount(s) in full, (ii) the Minimum Transfer Amount shall be 0 BTC (A) with respect to all Transactions upon the occurrence of an Event of Default in which Purchaser is the Defaulting Party and (B) with respect to a particular Transaction upon the completion or termination of such Transaction.
Minimum Transfer Amount. There is no minimum transfer amount.