Security Margin definition

Security Margin has the meaning ascribed to it in Clause 14.1 (First Fixed Charge). "SFC" means the Securities and Futures Commission.

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Security Margin means the (%) ratio between the Loan principal at the time of calculation and current market value of the Collateral (periodically calculated by the Bank and at the exchanges rates published at the Bank’s counter, if applicable) at which rate or higher, the Bank shall inform the Borrower of the Collateral status;

Security Margin shall be a figure which is calculated as follows: 1 — (Debt divided by value of net fixed assets of the Borrower)

Examples of Security Margin in a sentence

• The Borrower shall maintain the Required Security Margin till the Final Settlement Date.

• As security for the payment and performance by the Client of the Liabilities (which Liabilities the Client hereby covenants to pay or satisfy as appropriate), the Client hereby charges in favour of GTJAFX, on trust for itself and its Affiliates by way of first fixed charge any and all right, title and interest of the Client to and in all amounts standing to the credit of the Account (and the debt or any beneficial interest represented thereby), including Deposit held as Margin (the "Security Margin").

• Any late payments directly related to a Mortgage Loan shall accrue interest at the then applicable Loan Margin, or any late payments directly related to an Agency Security shall accrue interest at the then applicable Agency Security Margin.

• If at any time, the Actual Security Margin falls below the Required Security Margin or under any other circumstances, if the Lender deems fit, the Borrower shall within thirty (30) days provide and furnish to the Lender, to its satisfaction, such additional security as may be acceptable to the Lender.

• Total Value of Receivables during the continuance of the Facility, become less than equal to the Required Security Margin.

More Definitions of Security Margin

Security Margin means, at any time, the ratio of the aggregate of the Total Security Margin Debt at such time to the Security Value;

Security Margin means the percentage of the value of pledged/transferred Securities or securities lying in the borrowers depository account with Power of attorney in favour of the Lender kept as margin for the Outstanding loan amount made available to the Borrower. This Margin is fixed by the Lender from time to time on security to security basis.

Security Margin means the ratio, prescribed by CFIL from time to time, of the Loan Outstanding to the Value of the Secured Assets, at any given time;

Security Margin means "the percentage of the value of pledged Securities kept as margin for the loan made available to the Borrower"

Security Margin means, expressed as a percentage, the aggregate of:

Security Margin in relation to the Security/Collateral for each Loan shall be a percentage by which the market value of the Security is reduced to arrive at the Drawing Power. The said percentage decided by the Lender in its sole discretion and shall be modified from time to time at the sole discretion of the Lender.

Security Margin means the margin mentioned as such in the Facility Letter.