Buyer’s Margin Amount definition

Buyer’s Margin Amount means, with respect to any Transaction as of any date of determination, the amount obtained by application of Buyer’s Margin Percentage to the Repurchase Price for such Transaction as of such date.

Buyer’s Margin Amount with respect to any Transaction as of any date, the amount obtained by application of the Buyer’s Margin Percentage to the Repurchase Price for such Transaction as of such date;

Buyer’s Margin Amount means with respect to any Transaction and any Purchased Asset on any date, the Maximum Advance Rate attributable to such Purchased Asset, multiplied by the Market Value of such Purchased Asset as of the date of determination.

Examples of Buyer’s Margin Amount in a sentence

• If at any time the Market Value of any Purchased Mortgage Loan subject to a Transaction is less than Buyer’s Margin Amount for such Transaction (a “Margin Deficit”), then Buyer may by notice to any Seller require Seller to transfer to Buyer cash in an amount at least equal to the Margin Deficit (such requirement, a “Margin Call”) .

• If at any time the Market Value of any Purchased Mortgage Loan subject to a Transaction is less than Buyer’s Margin Amount for such Transaction (a “Margin Deficit”), then Buyer may by notice to Seller require Seller to transfer to Buyer cash in an amount at least equal to the Margin Deficit (such requirement, a “Margin Call”) .

• Conclusion is given and arguments have been given with regards to implementing the SSIVs. The main effect of the SSIV is the reduction potential it has on leak/ fire durations.

• At its first session, the Meeting of the Signatories should adopt a Conservation Plan to be incorporated as an Annex to this Memorandum of Understanding.

• Buyer hereby authorizes Custodian, upon Oral or Written Instructions from Seller, to transfer Purchased Securities to Seller against transfers to Buyer’s Account of substitute Eligible Securities (“Substitute Eligible Securities”) determined by Custodian to have an aggregate Market Value equal to or greater than the aggregate Buyer’s Margin Amount relating to Purchased Securities released hereunder.

More Definitions of Buyer’s Margin Amount

Buyer’s Margin Amount shall have the meaning set forth in the Master Repurchase Agreement except that the percentage referred to therein for each Transaction shall be specified in the related Confirmation/Funding Request.

Buyer’s Margin Amount means with respect to any Transaction and any Purchased Asset on any date of determination, the Advance Rate applied to such Purchased Asset at the time that such Transaction was entered into as agreed to by the applicable Seller and Buyer and set forth in the applicable Confirmation (as increased as a result of any Additional Purchase Transaction or Future Funding Transaction), multiplied by the Market Value of such Purchased Asset as of such date of determination; provided, that to the extent the Advance Rate is not set forth in the related Confirmation, the Advance Rate shall be deemed to be the applicable Advance Rate set forth on Schedule I to the Fee Letter.

Buyer’s Margin Amount means, with respect to any Purchased Loan as of any date, the amount obtained by dividing the Repurchase Price (exclusive of Other Price Components) for such Purchased Loan by the applicable Buyer’s Margin Percentage (expressed as a decimal) for such Purchased Loan.

Buyer’s Margin Amount means, as of any date of determination, the amount equal to the product of the Buyer's Margin Percentage and the Repurchase Price.

Buyer’s Margin Amount means with respect to any Transaction as of any date of determination, an amount equal to the product of (A) Buyer’s Margin Percentage and (B) the Purchase Price for such Transaction; provided, that, with respect to any Mortgage Loan which was not an Aged Loan or an Exception Mortgage Loan on the related Purchase Date which, as of the date of determination, is an Aged Loan or an Exception Mortgage Loan, Buyer’s Margin Percentage as of such date of determination shall be equal to the percentage obtained by dividing the Market Value of such Mortgage Loan on the related Purchase Date by an amount equal to the amount the Purchase Price would have been on the Purchase Date if the Mortgage Loan had been categorized as the type of Mortgage Loan (e.g., Aged Loan or an Exception Mortgage Loan, etc.) that it is categorized on the date of determination.

Buyer’s Margin Amount means, on any day, the aggregate of the product of the Asset Value of each Purchased Security times the Purchase Rate applicable thereto.

Buyer’s Margin Amount means with respect to any Transaction as of any date of determination, an amount equal to the product of (A) Buyer's Margin Percentage and (B) the Purchase Price for such Transaction; provided, that, with respect to any Mortgage Loan which was not an Exception Mortgage Loan on the related Purchase Date and which, as of the date of determination, is an Exception Mortgage Loan, Buyer's Margin Percentage as of such date of determination shall be equal to the percentage obtained by dividing (A) the Market Value of such Mortgage Loan on the related Purchase Date by (B) the amount the Purchase Price would have been on the Purchase Date if such Mortgage Loan had been categorized as the type of Mortgage Loan (e.g., One Hundred Eighty Day Aged Loan, Non-Performing Mortgage Loan, Exception Mortgage Loan, etc.) that it is categorized on the date of determination.