Margin Transfer definition
Examples of Margin Transfer in a sentence
Margin Transfers shall be comprised of Cash Margin or Margin Securities of the type and combination as is agreed to by the party requesting the Margin Transfer.
Notwithstanding the above, BCS is entitled, when calling for a Margin Transfer, to require from the Client to satisfy the Margin Transfer by payment of Cash Margin.
Without limiting the generality of the foregoing, the Agent is hereby authorised and instructed by the other party to do all such things on behalf of the other party as may be necessary or expedient to effect and record the receipt on behalf of the other party of cash and Securities from, and the delivery on behalf of the other party of cash and Securities to, Pooled Principals in the course or for the purposes of any Margin Transfer effected under that sub-paragraph.
Acct.#: 40611164 For Further Credit to Managed Futures Fund Margin Transfer ▇▇▇-▇▇▇▇▇▇-▇ [X] With respect to each Party, as may be set forth in such Standard Settlement Instructions as may be specified by such Party in a notice given in accordance with Section 11.4.
Acct.#: 40611164 For Further Credit to Managed Futures Fund Margin Transfer ▇▇▇-▇▇▇▇▇▇-▇ |X| With respect to each Party, as may be set forth in such Standard Settlement Instructions as may be specified by such Party in a notice given in accordance with Section 11.4.
If the Party receiving a notice under Sections 9.2 or 9.3 is the Lender the Margin Transfer Deadline will be twenty four (24) hours from the time of receipt of a notice.
The composition of the said Margin Transfer shall be stated by BCS in the Margin Transfer Request.
If at any time BCS has a Net Exposure in respect of the Client under the Repurchase Transactions, BCS may give the relevant written notice to the Client requiring the Client to make a Margin Transfer of an aggregate amount or value at least equal to that Net Exposure available on its Client’s Account with BCS (“Margin Transfer Request”).
If the Party receiving a notice under Sections 9.2 or 9.3 is the Lender the Margin Transfer Deadline will be twenty four (24) hours, excluding Saturdays, Sundays, and Federal Reserve bank holidays, from the time of receipt of a notice.
If, at the time an insolvent Debtor carried out the Margin Transfer it knew it did not have sufficient assets to meet its liabilities, and the Official Receiver or other insolvency official can show that the transfer was carried out with a view to preferring the counterparty, a court may set the transaction aside, as it may set aside any transaction which it can demonstrate satisfies this criterion.