Examples of Collateral Percentage in a sentence
Required Collateral Percentage - means the percentage identified as such on Schedule 1 to this Policy based on the Insurer's A.M. Best or Standard & Poor's Rating.
Cash Collateral Percentage For a product, you can fix the percentage of the LC amount that should be taken as cash collateral.
After any Collateral Percentage becomes effective as provided in this Article, it shall remain in effect until a different Collateral Percentage becomes effective as provided in this Article.
Effective as of the date of this Agreement, and until a new Collateral Percentage becomes effective, the Collateral Percentage is zero percent (0%).
Subject to the provisions of this Article III, NAI may from time to time designate a new Collateral Percentage between 0% and 100% by written notice delivered to Agent, BNPLC and the Participants in the form of ATTACHMENT 3.