Acceptable Margin definition

Acceptable Margin means the items determined by us pursuant to Section 11.2 (Form of Margin) and 11.8 (Non- Cash Margin). We are entitled to apply such haircut to the Acceptable Margin as we determine from time to time.

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Acceptable Margin means those items specified below, the valuation of which shall be subject to the haircut set out next to the relevant item:

Acceptable Margin means cash and non-cash assets designated as such by the Firm from time to time;

Examples of Acceptable Margin in a sentence

• I/We shall at all times ensure that the aggregate Acceptable Margin Value of all the securities in my/our Margin Securities Account is not less than the outstanding amount of the Credit Facilities.

• Clients should check with the Account Executives of the Acceptable Margin Value of a particular stock.

• Margin client has to ensure that the outstanding amount of the Credit Facilities in the margin account at all times will not be greater than the Acceptable Margin Value of all the securities in the margin account.

• In respect of each Valuation Date, if the amount of the Margining Requirement exceeds the Value of the Transferred Margin, then you will immediately Transfer to us Acceptable Margin having Value as of the date of the Transfer at least equal to the applicable Margin Delivery Amount (rounded up to the nearest integral multiple).

• Notwithstanding the use of the terms such as “Margin” which are used to reflect terminology used in the market for such transactions, nothing in these provisions is intended to create or does create in favour of either party mortgage, charge, lien, pledge, encumbrance or other security interest in any Acceptable Margin, Equivalent Margin, Equivalent Dividends on Interest Transferred hereunder.

• You may, with our prior written consent, Transfer new Acceptable Margin to us in substitution for the Transferred Margin having the same nominal value and of the same amount as determined by us, as such new Acceptable Margin, whereupon we will Transfer to you Equivalent Margin in respect of the Transferred Margin being substituted.

• Each party agrees that all right, title and interest in and to any Acceptable Margin, Equivalent Margin, Equivalent Dividends or Interest which it transfers to the other party shall vest in the recipient free and clear of any security interest, lien, charges, encumbrance or other restriction.

• Each party represents to the other party (which representation will be deemed repeated as of each date on which a Transfer of Acceptable Margin, Equivalent Margin, Equivalent Dividends or Interest is made) that it is the sole owner or otherwise has the right to Transfer all the aforementioned property, free and clear of any security interest, lien, encumbrance or other restriction.

• The Acceptable Margin Value is the discounted value of the securities in the margin account which will be decided upon and fixed by ▇▇▇ Eng Securities (Hong Kong) Limited from time to time and at ▇▇▇ Eng Securities (Hong Kong) Limited’s sole discretion.

• If the margin client fails to deposit sufficient amount of cash or securities acceptable to ▇▇▇ Eng Securities (Hong Kong) Limited, ▇▇▇ Eng Securities (Hong Kong) Limited may without demand sell the securities in the margin account to reduce the outstanding amount of the Credit facilities until the aggregate Acceptable Margin Value of all the securities in the margin account shall not be less than the outstanding amount of the Credit Facilities.

More Definitions of Acceptable Margin

Acceptable Margin means the items determined by us pursuant to Section 11.2 (Form of Margin) and 11.8 (Non-Cash Margin). We are entitled to apply such haircut to the Acceptable Margin as we determine from time to time.

Acceptable Margin means cash in the Base Currency;