Non-cash margin. Where we agree to accept non-cash collateral, it must be in a form acceptable to us. The value of the non-cash collateral and the proportion of that value to be taken into account for margin purposes shall be determined by us in our absolute discretion.
Non-cash margin. Where we agree to accept non-cash Collateral, it must be in a form acceptable to us. The value of the non- cash collateral and the proportion of that value to be taken into account for Margin purposes shall be determined by us in our absolute discretion. We shall apply such terms and conditions as to the acceptance, valuation and release of any Collateral you may provide as we may in our absolute discretion think appropriate. In particular, you are made specifically aware that we may determine, at our reasonable discretion, the value by which any such Collateral shall be registered and consequently contribute to our demands towards you and that we may continuously change the value of such Collateral without prior notice to you. In determining the amount of Collateral and the amount of our obligations to you, we may apply such methodology (including judgements as to the future movement of markets and values), as we consider appropriate, consistent with Applicable Laws, Rules and/or Regulations.
Non-cash margin. Where APM agrees to accept non-cash collateral, it must be in a form acceptable to APM. The value of the non-cash collateral and the proportion of that value to be taken into account for margin purposes shall be determined by APM in APM’s absolute discretion.
Non-cash margin. Where we consent to acknowledge non-money Collateral, it must be in a structure satisfactory to us. The estimation of the non-money guarantee and the extent of that incentive to be considered for Margin purposes will be controlled by us in our total prudence. We will apply such terms and conditions regarding the acknowledgment, valuation and arrival of any Collateral you may give as we may in our outright carefulness think suitable. Specifically, you are made explicitly mindful that we may decide, at our sensible carefulness, the incentive by which any such Collateral will be enlisted and thusly add to our requests towards you and that we may constantly change the estimation of such Collateral without earlier notification to you. In deciding the measure of Collateral and the measure of our commitments to you, we may apply such system (counting decisions concerning the future development of business sectors and qualities), as we think about suitable, reliable with Applicable Laws, Rules and additionally Regulations.
Non-cash margin. Where EXT agrees to accept non-cash collateral as Margin, it must be in a form acceptable to EXT. The value of the non-cash collateral and the proportion of that value to be taken into account for margin purposes shall be determined by EXT in its absolute discretion.
Non-cash margin. Where we agree to accept non-cash Collateral, it must be in a form acceptable to us. The value of the non- cash collateral and the proportion of that value to be taken into account for Margin purposes shall be determined by us in our absolute discretion. We shall apply such terms and conditions as to the acceptance, valuation and release of any Collateral you may provide as we may in our absolute discretion think appropriate. In particular, you are made specifically aware that we may determine, at our reasonable discretion, the value by which any such Collateral shall be registered and consequently contribute to our demands towards you and that we may continuously change the value of such Collateral without prior notice to you. In determining the amount of Collateral and the amount of our obligations to you, we may apply such methodology (including judgements as to the future movement of markets and values), as we consider appropriate, consistent with Applicable Laws, Rules and/or Regulations. Failure to meet Xxxxxx call: You are responsible for maintaining appropriate arrangements with us at all times for the receipt and communication of information regarding Margin. You shall promptly deliver any money or property deliverable by you in respect of any Transaction or Contract in accordance with the terms of that Transaction or Contract and with any instructions given by us for the purpose of enabling us to perform our obligations under any corresponding Transaction or Contract entered into between us and a third party. If you fail to provide us with Margin, deposits or other payable amounts in accordance with the terms of any Transaction or Contract within the required time, we will be entitled, at our sole discretion, to close out any open Transaction or Contract without prior notice to you and apply any proceeds thereof to payment of any amounts due to us and/or, as we deem fit at our sole discretion. Such failure may also be considered as an Event of Default.
