Margin Calls definition

Margin Calls on Hedging Agreements. With respect to ----------------------------------- Hedging Agreements, neither the Borrower nor any Subsidiary shall post cash or any other collateral or credit support whatsoever (other than letters of credit) in response to a call on Borrower or any Subsidiary for credit support or eligible collateral in an aggregate amount greater than $20,000,000 for all Hedging Agreements.
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Margin Calls means Broker's demand on the Client using margin to deposit additional cash or non-cash collateral so that the Account is brought up to the minimum Maintenance Margin. Margin calls occur when the balance in the Account falls below Maintenance Margin required by the Broker from time to time.
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Margin Calls. ’ means the demand made by Clearing Corporation on a Member towards fulfillment of its obligation under these CCIL – SARVAM Rules.
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Examples of Margin Calls in a sentence

  • You further agree that such deductions do not derogate from our rights to make Margin Calls under this Agreement.

  • Variation Margin Calls (Losses) at the end of each day will be paid to the Clearing House latest by the Exchange determined cutoff time on the same trading day.

  • Although the Company may make Margin Calls for the Client it has no obligation to do so.

  • Not used.] Rule 503 Margin Calls and Return of Surplus Collateral (a) Margin shall be and become due and payable at the times specified by the Clearing House pursuant to Rule 302.

  • We are under no obligation to satisfy ourselves as to the suitability of any Transaction, to monitor or advise upon its performance or, subject to Applicable Regulations, to make Margin Calls or to close any Transaction that you have opened.

  • You are required to log-in to the system regularly when you have open Contracts to ensure you receive notification of any such Margin Calls.

  • Margin Calls must be addressed as soon as possible and are only considered paid once we receive cleared funds in our account.

  • Any Margin Call, without closing your Account or liquidating your positions, shall not be deemed precedent for future Margin Calls.

  • Margin Calls will not normally be made by telephone but we reserve the right to do so.

  • Intra-day Margin Calls The Clearing House will calculate each Clearing Member's initial and variation margin requirement at several points throughout the day.

Related to Margin Calls

  • Margin Call has the meaning specified in Section 6(a) hereof.

  • Margin Level means the percentage Equity to Necessary Margin ratio. It is calculated as (Equity / Necessary Margin) * 100%.

  • Call Rate means, if the call option has been exercised with respect to the reset rate notes, the rate of interest that is either: • if the reset rate notes did not have at least one related swap agreement in effect during the previous reset period, the floating rate applicable for the most recent reset period during which the Failed Remarketing Rate was not in effect; or • if the reset rate notes had one or more swap agreements in effect during the previous reset period, the weighted average of the floating rates of interest that were due to the related Swap Counterparties from the trust during the previous reset period. The Call Rate will continue to apply for each reset period while the holder of the call option retains the reset rate notes.

  • Money Market Absolute Rate has the meaning set forth in Section 2.03(d).

  • Margin Ratio is the percentage of the value of the Collateral up to which the Customer is permitted to borrow (or otherwise to secure other forms of financial accommodation) from the Company against the Collateral.

  • Buyer’s Margin Percentage For any Purchased Asset as of any date, the percentage equivalent of the quotient obtained by dividing (a) one (1) by (b) the Applicable Percentage used to calculate the Purchase Price on the related Purchase Date.

  • Make-Whole Redemption Margin means the margin specified as such in the relevant Final Terms.

  • Sixty-Day Delinquency Rate With respect to any Distribution Date on or after the Stepdown Date, a fraction, expressed as a percentage, the numerator of which is the aggregate Stated Principal Balance of all Mortgage Loans 60 or more days delinquent as of the close of business on the last day of the calendar month preceding such Distribution Date (including Mortgage Loans in foreclosure, bankruptcy and REO Properties) and the denominator of which is the aggregate Stated Principal Balance for such Distribution Date of the Mortgage Loans as of the related Due Date (after giving effect to Principal Prepayments, the principal portion of any Liquidation Proceeds and any Subsequent Recoveries received in the related Prepayment Period).

  • Маrgin Level for CFD trading shall mean the percentage of Equity to Necessary Margin ratio. It is calculated as: Margin Level = (Equity / Necessary Margin) x 100%.

  • Margin Percentage with respect to any repurchase transaction shall be 102% or such other percentage as is agreed to by Seller and the Participating Funds (except that in no event shall the Margin Percentage be less than 100%).

  • Margin Excess the meaning specified in Paragraph 4(b) hereof;

  • Weighted Average Advance Rate means, as of any date of determination with respect to all Eligible Collateral Obligations included in the Adjusted Aggregate Eligible Collateral Obligation Balance, the number obtained by (i) summing the products obtained by multiplying (a) the Advance Rate of each such Eligible Collateral Obligation by (b) such Eligible Collateral Obligation’s contribution to the Adjusted Aggregate Eligible Collateral Obligation Balance and (ii) dividing such sum by the Adjusted Aggregate Eligible Collateral Obligation Balance.

  • Absolute Rate means a fixed rate of interest expressed in multiples of 1/100th of one basis point.

  • Operating Margin Customer means a Control Area purchasing Operating Margin pursuant to an agreement between such other Control Area and the LLC.

  • Applicable Business Day Convention means the “Business Day Convention” which may be specified in the Final Terms as applicable to any date in respect of the Instruments. Where the Final Terms specifies “No Adjustment” in relation to any date, such date shall not be adjusted in accordance with any Business Day Convention. Where the Final Terms fails either to specify an applicable Business Day Convention or “No Adjustment” for the purposes of an Interest Payment Date or an Interest Period End Date, then in the case of Instruments which bear interest at a fixed rate, “No Adjustment” shall be deemed to have been so specified and in the case of Instruments which bear interest at a floating rate, the Modified Following Business Day Convention shall be deemed to have been so specified. Different Business Day Conventions may apply, or be specified in relation to, the Interest Payment Dates, Interest Period End Dates and any other date or dates in respect of any Instruments.

  • Hedging Disruption Event means any event which, in the Issuer’s reasonable opinion, would make it illegal or commercially unfeasible for the Issuer to continue to hedge its obligations in relation to the Bond.

  • SOFR Rate Day has the meaning specified in the definition of “Daily Simple SOFR”.

  • Base LIBOR Rate means the rate per annum, determined by Agent in accordance with its customary procedures, and utilizing such electronic or other quotation sources as it considers appropriate (rounded upwards, if necessary, to the next 1/16%), on the basis of the rates at which Dollar deposits are offered to major banks in the London interbank market on or about 11:00 a.m. (California time) 2 Business Days prior to the commencement of the applicable Interest Period, for a term and in amounts comparable to the Interest Period and amount of the LIBOR Rate Loan requested by Administrative Borrower in accordance with this Agreement, which determination shall be conclusive in the absence of manifest error.

  • Margin Requirement means the amount of money that you are required to deposit with us as consideration for entering into a Trade and maintaining an Open Position.

  • PURCHASE RATE means, the tendered rate offered by tenderer per standard bag which has been accepted by the Federation;

  • Applicable LIBOR Rate means, (a) for Auction Periods of 35 days or less, One-Month LIBOR, (b) for Auction Periods of more than 35 days but less than 91 days, Three-Month LIBOR, (c) for Auction Periods of more than 90 days but less than 181 days, Six-Month LIBOR, and (d) for Auction Periods of more than 180 days, One-Year LIBOR.

  • Substitute Rate shall have the meaning set forth in Section 2.2.3(b).

  • Hedging Disruption means that the Issuer is unable, after using commercially reasonable efforts, to (A) acquire, establish, re-establish, substitute, maintain, unwind or dispose of any transaction(s) or asset(s) it deems necessary to hedge the risk of issuing and performing its obligations with respect to the Securities, or (B) realise, recover or remit the proceeds of any such transaction(s) or asset(s).

  • Daily Adjusting LIBOR Rate means, for any day, a per annum interest rate which is equal to the quotient of the following:

  • Applicable Eurodollar Margin means, as at any date of determination, the rate per annum then applicable to Eurodollar Rate Loans determined in accordance with the provisions of Section 2.15(D)(ii) hereof.

  • Absolute Rate Auction means a solicitation of Competitive Bid Quotes setting forth Competitive Bid Absolute Rates pursuant to Section 2.03.