Supplemental Margin Clause Samples
The Supplemental Margin clause establishes the requirement for one party to provide additional collateral beyond the standard margin requirements in a financial or derivatives contract. This clause typically applies when the creditworthiness of a party changes, market volatility increases, or specific thresholds are breached, prompting the need for extra security to mitigate risk. By mandating supplemental margin, the clause helps ensure that both parties remain adequately protected against potential losses, thereby reducing counterparty risk and maintaining the stability of the contractual relationship.
Supplemental Margin. The Client will be required to supplement the margin at any time when the Client's account with the Broker Member shows a debit balance or an increase in the Client's margin requirement.
Supplemental Margin. (A) The Margin is calculated on the basis that the daily average of the Outstandings of the Banks during each Calculation Period will not exceed seventy five per cent (75%) of the daily average of the Commitments of the Banks during such Calculation Period. If such daily average for a Calculation Period exceeds seventy five per cent (75%) an additional amount shall be payable by the Borrowers to each Bank in the manner provided by this Clause 10.9.
(B) For the purposes of this Clause 10.9:-
Supplemental Margin. The Client will be required to supplement the margin at any time when the Client’s account with the Broker Member shows a debit balance or an increase in the Client’s margin requirement.
Supplemental Margin. (A) The Margin is calculated on the basis that the daily average of the Advances of each Bank during each Calculation Period will not exceed thirty three and one-third of one per cent (33 1/3%) of the daily average of the Commitment of that Bank during such Calculation Period. If such daily average for a Calculation Period exceeds thirty three and one-third of one per cent (33 1/3%) and sixty six and two-thirds of one per cent (66 2/3%) (as the case may be) an additional amount shall be payable by the Borrower to each Bank in the manner provided by this Clause 6.7.
(B) For the purposes of this Clause 6.7:-
Supplemental Margin. The Client will be required to supplement the mar- gin at any time when the Client’s account with the Broker Member shows a debit balance or an increase in the Client’s margin requirement.