Margin Loans definition

Margin Loans as defined in Regulation T.

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Margin Loans means collateralised loans extended to customers for the purpose of taking leveraged trading positions.

Margin Loans means the separate margin loans provided to the Margin Loan Borrowers by certain Canadian chartered banks in connection with the IPO, as amended, restated or replaced from time to time.

Examples of Margin Loans in a sentence

• The Borrower shall use the proceeds of (i) the Margin Loans solely to finance the purchase and settlement of securities and for the Borrower’s general working capital purposes, (ii) the Clearinghouse Loans solely to finance NSCC Deposit Requirements (other than an Adequate Assurance Deposit) and the OCC Deposit Requirements, and (iii) the Overnight Loans for the Borrower’s general working capital purposes.

• No later than the close of business in Chicago, Illinois on the date of each request for a Margin Loan hereunder, the Borrower shall transfer into one or more of the Accounts Margin Collateral having a Market Value such that after giving effect to the requested Margin Loan the aggregate principal amount of all Margin Loans shall not exceed the Margin Borrowing Base as then determined and computed by the Bank.

• The Borrower covenants and agrees that if at any time the sum of the principal amount of the Margin Loans then outstanding shall be in excess of the Margin Borrowing Base as then determined and computed, the Borrower shall immediately and without notice or demand pay over the amount of the excess to the Administrative Agent as and for a mandatory prepayment on such Obligations.

• No later than the close of business in Chicago, Illinois on the date of each request for a Margin Loan hereunder, the Borrower shall transfer into one or more of the Accounts Margin Collateral having a Market Value such that after giving effect to the requested Margin Loan the aggregate principal amount of all Margin Loans shall not exceed the Margin Borrowing Base as then determined and computed by the Administrative Agent.

More Definitions of Margin Loans

Margin Loans means the separate margin loans originally provided to the Margin Loan Borrowers by certain Canadian chartered banks in connection with the IPO, as amended, restated, supplemented, replaced or refinanced from time to time, whether with one or more financial institutions.

Margin Loans has the meaning set forth in Section 5.8(a).

Margin Loans means Loans the proceeds of which are used to finance the purchase and settlement of securities and for the Borrower’s general working capital purposes.

Margin Loans means the loan originally entered into between, among others, AI Chemical Investments LLC, ▇▇▇▇▇▇▇ ▇▇▇▇▇ International and ▇▇▇▇▇▇▇ Lynch, Pierce, ▇▇▇▇▇▇ & ▇▇▇▇▇ Incorporated on or about August 20, 2007 in order to finance the acquisition of certain shares in the capital of Lyondell (as amended, transferred or novated from time to time (including to certain subsidiaries of the Company)).

Margin Loans has the meaning set forth in Section 2.01(a)(iii).

Margin Loans. (whether one or more) means any advances, overdrafts or other credit extensions granted to the Obligor by Bank under the credit Documents.

Margin Loans has the meaning assigned to such term in Regulation T of the Board of Governors of Federal Reserve System of the United States or any successor definition thereof.