Margin Amount definition

Margin Amount means, with respect to any Purchased Asset on any date, an amount equal to (a) the lesser of (i) the unpaid principal balance of such Purchased Asset and (ii) the Market Value of such Purchased Asset, multiplied by (b) the Purchase Price Percentage for such Purchased Asset.

Margin Amount means at any time with respect to any Purchased Mortgage Loan, the amount equal to (a) the applicable Margin Percentage for that Purchased Mortgage Loan at that time multiplied by (b) the Market Value of that Purchased Mortgage Loan at that time.

Margin Amount with respect to any Transaction means an amount which is at least equivalent to the Required Margin and which shall be tied to the Purchase Price of the Securities throughout the life of this Agreement as calculated no less than on a daily basis;

Examples of Margin Amount in a sentence

• The value of each Account Class Risk Factor is calculated as the proportion that the Required Initial Margin Amount in respect of each set of Rates Services Contracts bears to the aggregate Required Initial Margin Amount of all Rates Service Contracts that are transferred into the Hedged Account at the time such Clearing Client becomes a Non-Porting Client (i.e. at the time of transfer of the Rates Service Contracts into the Hedged Account).

• The Stock Broker shall be entitled to immediately adjust the Margin Amount against the dues of the client, and the client hereby authorizes the Stock Broker to make such adjustment.4. After such adjustment, if any further amount is due from the client to the Stock Broker, the client shall settle the same forthwith.

• For the avoidance of doubt, the Existing Non-Porting Clients Combined Account Class Risk Factor is calculated without respect to the Required Initial Margin Amount of the transferred Rates Service Contracts referable to the New Non- Porting Clients.

• For the avoidance of doubt, for the purposes of determining whether there is an excess collateral value (for the purposes of this Section 1.1.2) at the time of the Clearing Member’s request, the Clearing Member’s Total Required Margin Amount shall not include the amounts of any margin requirements from the Clearing Member to the Clearing House (whether or not demanded of the Clearing Member) in respect of which the time for performance has not occurred at the time of such request.

• If the quotient is equal to or greater than 0.5, but less than 0.75, then the Clearing Member’s Margin Surcharge shall be equal to 10% of the Clearing Member’s Base Margin Amount.

More Definitions of Margin Amount

Margin Amount shall have the meaning specified in the Fee Letter.

Margin Amount means at any time with respect to any Purchased Mortgage Loan, the amount equal to (a) the applicable Margin Percentage for that Purchased Mortgage Loan at that time multiplied by (b) the Market Value for that Purchased Mortgage Loan at that time.

Margin Amount means the amount obtained by application of a percentage agreed to by Xxxxx and Seller prior to entering into the Transaction to the Repurchase Price for such Transaction as of such date.

Margin Amount means security, expressed as a percentage of the funds sold to Centtrip or an absolute value. Xxxxxx Xxxxxx may be required by Centtrip as a condition of the Trade. Subject to Force Majeure, Margin Amounts are non- refundable until maturity of the Trade.

Margin Amount means, with respect to any Transaction as of any date of determination, an amount equal to the product of the Margin Percentage and the outstanding Purchase Price of the Purchased Loan for such Transaction as of such date.

Margin Amount means security, expressed as a percentage of the funds sold to Centtrip or an absolute value. Margin Amount may be required by Centtrip as a condition of the Trade. Subject to Force Majeure, Margin Amounts are non- refundable until maturity of the Trade.

Margin Amount means, with respect to any Transaction as of any date, the amount obtained by multiplying the Purchase Price Percentage by the unpaid principal balance of the Note as of such date.