Examples of Margin Facility in a sentence
MARGIN GTN Asia may agree to provide a margin loan or collateralized facility (the "Margin Facility") in respect of my Trading Account, such facility to be secured by all cash, Securities and Other Property in my Trading Account or in other accounts held by me with GTN Asia or an Affiliate.
I understand that I may repay the Margin Facility at any time by paying an amount to GTN Asia that is equivalent to the money borrowed and interest thereon.
With respect to the Margin Facility, I will provide Collateral to GTN Asia in such amount, form and subject to such timing and valuation mechanics, as GTN Asia, in its sole discretion, requires.
Without limiting the foregoing, I shall maintain Collateral in the Trading Account with an aggregate value to be determined by GTN Asia to be at least equivalent to 50% (the "Account Equity") of the value of the Securities and Other Property, or such other amount as is required under Applicable Law, bought using the Margin Facility (such Account Equity being, for the avoidance of doubt, a separate amount of Collateral from that comprised by the Securities bought using the Margin Facility).
Where GTN Asia provides me with a Margin Facility, the statement will also set out the amount owed under the Margin Facility, the additional amounts available under the Margin Facility, and the amount of commissions, expenses and costs incurred by me in connection with the Margin Facility.