Derivatives Collateral definition

Derivatives Collateral means Assets of the Fund which have been pledged as collateral to a counterparty to secure the Fund’s obligations to such counterparty in connection with a Permitted Derivatives Transaction.
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Examples of Derivatives Collateral in a sentence

  • Any excess amounts held in such Derivatives Collateral Account after payment of all amounts owing to Party B under the related Derivatives Agreement shall be withdrawn from the Derivatives Collateral Account and paid to the related Derivatives Provider in accordance with the related Derivatives Credit Support Annex.

  • All amounts earned on amounts on deposit in the Derivatives Collateral Account (whether cash collateral or securities) shall be for the account of and taxable to the Derivatives Provider.

  • The Derivatives Custodian shall maintain and apply all collateral and earnings thereon on deposit in the Derivatives Collateral Account in accordance with related Derivatives Credit Support Annex.

  • On or after the Closing Date, the Derivatives Custodian shall establish a Derivatives Collateral Account (the “Derivatives Collateral Account”).

  • On or before the Closing Date, the Derivatives Custodian shall establish a Derivatives Collateral Account (the “Derivatives Collateral Account”).

  • You agree not to pledge, charge, sell, grant an option or otherwise deal in any of your Securities and/or Derivatives Collateral forming part of any Account without our prior written consent.

  • On or before the Closing Date, the Derivatives Custodian shall establish a Derivatives Collateral Account.

  • On any Collateral Business Day where the Collateral Ratio is greater than or equal to 100%, the Compartment Assets Manager may, in its discretion, carry out a Release, Removal or adjust the Securities Loan or the transactions under the GMRA (pursuant to the terms of each such agreement) provided that immediately after such Release, Removal or adjustment the Collateral Ratio and Derivatives Collateral Ratio remains greater than or equal to 100%.

  • All amounts earned on amounts on deposit in the Derivatives Collateral Account (whether cash collateral or securities) shall be for the account of and taxable to the Derivative Provider.

  • The Derivatives Collateral Account shall be held in the name of the Derivatives Custodian in trust for the benefit of the Holders of Certificates.

Related to Derivatives Collateral

  • Derivatives Contract means a contract between two parties (the “Receiving Party” and the “Counterparty”) that is designed to expose the Receiving Party to economic benefits and risks that correspond substantially to the ownership by the Receiving Party of a number of shares in the capital of the Company or securities convertible into such shares specified or referenced in such contract (the number corresponding to such economic benefits and risks, the “Notional Securities”), regardless of whether obligations under such contract are required or permitted to be settled through the delivery of cash, shares in the capital of the Company or securities convertible into such shares or other property, without regard to any short position under the same or any other Derivatives Contract. For the avoidance of doubt, interests in broad-based index options, broad-based index futures and broad-based publicly traded market baskets of stocks approved for trading by the appropriate governmental authority shall not be deemed to be Derivatives Contracts;

  • Derivatives Counterparty as defined in Section 7.6.

  • Notes Collateral means any and all of the assets and property of any Grantor, whether real, personal or mixed, with respect to which a Lien is granted as security for any Notes Obligations.

  • Specified Derivatives Contract means any Derivatives Contract that is made or entered into at any time, or in effect at any time now or hereafter, whether as a result of an assignment or transfer or otherwise, between or among any Loan Party and any Specified Derivatives Provider, and which was not prohibited by any of the Loan Documents when made or entered into.

  • Securities Collateral means, collectively, the Pledged Securities, the Intercompany Notes and the Distributions.