Collateral Margin definition
Examples of Collateral Margin in a sentence
Notwithstanding the use of expressions such as "borrow", "lend", "Collateral", "Margin", "redeliver" etc.
Notwithstanding the use of expressions such as borrow, lend, Collateral, Margin etc.
For the avoidance of doubt, the amount standing to the credit of the Reserve Account (as such term is defined in clause 9.18.1 below) shall not be deemed to form part of the “Other Collateral Margin Value”.
To the extent the value of the Collateral Shares in such calculation at that time falls below the Collateral Margin, the Borrower shall issue additional shares of Common Stock so as to maintain the Collateral Margin.
In applying the Applicable A&D Collateral Margin, if more than one A&D Loan is secured by the same Eligible A&D Project, then all such A&D Loans shall be deemed to be one A&D Loan.
The Collateral Margin shall be re-calculated on each 30-day anniversary that the Note is outstanding, based on the above formula.
A&D Loan Formula Amount - on any date of determination thereof, the sum ----------------------- derived by (a) calculating for each Eligible A&D Loan outstanding on such date the lesser of (i) the Applicable A&D Loan Margin or (ii) the Applicable A&D Collateral Margin, and (b) adding together each of the calculations so determined.
For the avoidance of doubt, upon the repayment of the Loaned Assets at the termination of a Loan, Customer shall return to Borrower the same amount and type of Collateral that was deposited, net of any Additional Collateral, Margin Call, or Refunded Collateral adjustments (as defined below).
For the avoidance of doubt, neither any amount standing to the credit of the Reserve Account (as such term is defined in clause 9.18.1 below) nor any Gazit America Pledged Shares shall be deemed to form part of the “Other Collateral Margin Value”.