Definition of Position Charge

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)

Examples of Position Charge in a sentence

At Dulles, the Airline's Aircraft Parking Position Charges, if applicable, shall be the product obtained by Multiplying the total linear footage of the Airline's Aircraft Parking Position(s), as set forth in Exhibit D-B, tiles the Aircraft Parking Position Charge rate for the Rate Period.