Negative Rebate definition
Negative Rebate means fees paid by a Borrower for the use of certain securities despite having posted cash Collateral.
Negative Rebate means the amount payable by Borrower to Lender in connection with Loans at any time collateralized by Cash Collateral.
Examples of Negative Rebate in a sentence
Certain terms of individual Loans, including the Rebate to be paid to the Borrower for the use of cash Collateral, or Negative Rebate paid by a Borrower for the use of certain securities, shall be negotiated at the time a Loan is made.