Definition of Position Charge

  1. Position Charge means, with respect to a Position consisting of Eligible Securities, the product of (x) the Collateral Percentage applicable to such Position and (y) the Current Market Value of such Position. (r)

Definition of Position Charge in First Amendment Agreement

Position Charge means, with respect to a Position consisting of Eligible Securities, the product of (x) the Collateral Percentage applicable to such Position and (y) the Current Market Value of such Position. (r)