Margin Deficit Cure Period definition

Margin Deficit Cure Period means the period beginning upon the occurrence of a Margin Deficit in accordance with this Agreement and ending on the earlier of [***];
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Examples of Margin Deficit Cure Period in a sentence

  • Buyer shall provide notice to Seller upon the occurrence of a Margin Deficit; provided however, that (i) if, due to operational or technical failures Buyer is unable to provide notice to Seller of a Margin Deficit, Seller shall nevertheless be obligated to transfer cash or Additional Purchased Securities as required herein, and (ii) in all cases, regardless of the time of receipt of such notice, the Margin Deficit Cure Period shall begin upon the occurrence of the Margin Deficit.

  • Seller shall have all rights under Clauses 5(b) and (c) hereof to effect an Early Termination (including by paying the related Early Termination Fee) with respect to one or more Transactions to cure a Margin Deficit, in whole or in part, within the Margin Deficit Cure Period.