Sufficient Collateral Sample Clauses
The Sufficient Collateral clause requires a party to maintain an adequate amount of collateral to secure its obligations under an agreement. In practice, this means the party must regularly monitor and, if necessary, adjust the value of posted collateral to ensure it meets or exceeds the required threshold, which may fluctuate based on market conditions or exposure levels. This clause serves to protect the counterparty from credit risk by ensuring there are always enough assets available to cover potential losses if the obligated party defaults.
Sufficient Collateral. As of the Closing Date the bank account described on Schedule I to the Investor Note, which Collateral secures the Investor Note in accordance therewith, contains at least the Series B Purchase Price of Eligible Assets as of the Closing Date.
Sufficient Collateral. At the time of each Credit Event and after giving effect thereto, the Bank shall have received sufficient Collateral in respect of such Credit Event in accordance with the terms of the Cash Collateral Agreement.
Sufficient Collateral. The Bank shall have received sufficient Collateral in respect of such Credit Event in accordance with the terms of the Cash Collateral Agreement;