Margin Maintenance definition

Margin Maintenance means at least the minimum percentage pre- scribed by the Authority of the Client’s required contribution towards the market value of the securities held in the Margin Trading Account at any time after the date of purchase of securities on Margin.

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Margin Maintenance. Subject to the "Timing of Transfer of Eligible Margin" provision of this Confirmation:

Margin Maintenance. Subject to final determination by CS First Boston's Credit Department, it is anticipated that FMAC will at all times cause the Custodian to hold Eligible Assets having a market value determined by MCC in good faith sufficient to create an advance rate of funds advanced to FMAC equal to the acquisition price FMAC has paid. However each weekly funding will have an advance not greater than 95%. The difference between par and the advance rate will be comprised of the discount which FMAC reserve against the Loans held by the Custodian. If on any business day the Margin Requirement is not met (e.g., due to a decline in the value of the Loans or otherwise) FMAC will prior to 4:00 p.m. New York time on such business day, post cash or addition Loan collateral as needed to satisfy the Margin Requirement. The criteria for setting the Margin requirements will include the following (without limitation):

Examples of Margin Maintenance in a sentence

• It is the responsibility of the Client to check applicable Initial Margin, Maintenance Margin and Liquidation Margin from time to time.

• The date by which transfers of Margin have to be effected pursuant to Section 2(2) of the Margin Maintenance Annex shall be ...

• The date by which transfers of Margin have to be effected pursuant to Section 2(2) of the Margin Maintenance Annex shall be...

• Aggregate Margin Maintenance Asset Value Deficiency...........................................40 8.06.

• Margin Maintenance and Cash Transaction (Journal) Reconciliation * MF Ops is responsible for balancing of all journal entries in all Fund accounts and for ensuring the requisite corrective action is taken for each reconciling item.

• The Clients cash deposited towards margin will be credited to the Client’s cash account in GTN ASIA’s system and applied towards the margin requirements of the Client consisting of Initial Margin, Maintenance Margin and Additional Margin.

• If at any time there exists an Aggregate Margin Maintenance Asset Value Deficiency, Seller shall cure same in accordance with Section 3.04 hereof.

• The Margin Maintenance provisions of Paragraph 4(c) of the Agreement will operate only where a Margin Deficit or Margin Excess exceeds USD 200,000.

• The Margin Maintenance Limit means, at any date, the sum of (i) the product of (A) the Trading Collateral Value of all the Reliance Collateral and (B) the applicable Margin Rate of the Reliance Collateral and (ii) the product of (A) the Trading Collateral Value of all the INI Collateral and (B) the applicable Margin Rate of the INI Collateral.

• Margin Maintenance Limit means, at any date, the sum of (i) the product of (A) the Purchased Securities Collateral Value, and (B) the then applicable Margin Rate; and (ii) the product of (A) the Other Collateral Value, if any, and (B) the then applicable Margin Rate, all as calculated in the sole discretion of the Bank.

More Definitions of Margin Maintenance

Margin Maintenance is defined in Section 2.5(c) hereof.