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.
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 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.

Examples of Security Margin in a sentence

  • Honavar, “Power System Security Margin Prediction Using Radial Basis Function Networks,” Proceedings of the 1997 North American Power Symposium , Laramie, Wyoming, Oct., 1997.

  • 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").

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

  • We can express this as an equation:Margin Loan + Margin Deposit = Market Value of Security Margin Deposit >= Margin RequirementBorrowing money to purchase securities is known as "buying on margin".

  • For the remainder of the years the contingency combination changes to the loss of Ravenswood 3 followed by the loss of Pleasant Valley- Wood St. 345 kV (F30/F31).Figure 14: Lower Hudson Valley Transmission Security Margin (Summer Baseline Peak Forecast – Normal Operations) Completion of Local Transmission Owner PlansThe local transmission owner plans (LTPs) are an important part of the overall Comprehensive System Planning Process and the findings of this CRP.

  • The margin limit of client is set by RMS Manager, depend on client ledger balance & Security Margin deposited with company.

  • Similarly, these risk factors may also result in tipping points in Long Island and statewide, as shown in Figure 16 and Figure 17.Figure 15: New York City Transmission Security Margin Figure 16: Long Island Transmission Security Margin Figure 17: Statewide System Margin Beyond the CRP – Road to 2040There have been several significant developments that are shaping how the New York electric grid of the future will develop.

  • The shares purchased by the client will be given to Pledge in the below mentioned DP Account of Client Security Margin Funding Account.

  • Customer undertakes not to create or have outstanding any encumbrance or security interest whatsoever over any Assets or Security Margin other than the Security or a lien routinely imposed on all securities in a relevant clearing system approved by CS.

  • IN case of Term Loan 5th day of each month 15th day of each month Date of reset of interest Quarterly The interest shall be reset at the end of every 90 days/ at least once in 3 months (as applicable) from the date of disbursement of the facility Security Details of Collateral Security: Sl. No Facility Security Margin Mode of communication of changes in interest rates Bank Website/Letter/Email/SMS sent to the address of correspondence/Email ID/Contact Number as updated in bank records.


More Definitions of Security Margin

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

Related to Security Margin

  • CD Margin means a rate per annum determined in accordance with the Pricing Schedule.

  • Note Margin With respect to each Mortgage Loan, the fixed percentage set forth in the related Mortgage Note and indicated in Exhibit One hereto as the "NOTE MARGIN," which percentage is added to the Index on each Adjustment Date to determine (subject to rounding in accordance with the related Mortgage Note, the Periodic Cap, the Maximum Mortgage Rate and the Minimum Mortgage Rate) the interest rate to be borne by such Mortgage Loan until the next Adjustment Date.

  • Hedged Margin for CFD trading shall mean the necessary margin required by the Company so as to open and maintain Matched Positions.

  • First Margin means the margin specified as such in the applicable Final Terms; "First Reset Date" means the date specified in the applicable Final Terms;

  • Interest Margin Except as set forth in the following sentence, with respect to each Class of Regular Certificates, the following percentages: Class I-A Certificates, 0.150%; Class II-A-1 Certificates, 0.050%; Class II-A-2 Certificates, 0.110%; Class II-A-3 Certificates, 0.160%; Class II-A-4 Certificates, 0.240%; Class M-1 Certificates, 0.270%; Class M-2 Certificates, 0.310%; Class M-3 Certificates, 0.330%; Class M-4 Certificates, 0.380%; Class M-5 Certificates, 0.420%; Class M-6 Certificates, 0.510%, Class M-7 Certificates, 0.950%, Class M-8 Certificates, 1.100%, Class M-9 Certificates, 1.950%, Class M-10 Certificates, 2.000% and Class M-11 Certificates, 2.000%. On the first Distribution Date after the Optional Termination Date, the Interest Margins shall increase to the following percentages: Class I-A Certificates, 0.300%; Class II-A-1 Certificates, 0.100%; Class II-A-2 Certificates, 0.220%; Class II-A-3 Certificates, 0.320%; Class II-A-4 Certificates, 0.480%; Class M-1 Certificates, 0.405%; Class M-2 Certificates, 0.465%; Class M-3 Certificates, 0.495%; Class M-4 Certificates, 0.570%; Class M-5 Certificates, 0.630%; Class M-6 Certificates, 0.765%, Class M-7 Certificates, 1.425%, Class M-8 Certificates, 1.650%, Class M-9 Certificates, 2.925%, Class M-10 Certificates, 3.000% and Class M-11 Certificates, 3.000%.

  • Maintenance Margin means the minimum amount of money required in your Trading Account as specified on the Trading Platform in order to keep a Transaction open on the Trading Platform.

  • Retail margin means an amount, reflecting differences in

  • Step Up Margin means the rate per annum specified in the applicable Final Terms; and

  • Necessary Margin for CFD trading shall mean the necessary margin required by the Company so as to maintain Open Positions.

  • Applicable L/C Margin means the per annum fee, from time to time in effect, payable with respect to outstanding Letter of Credit Obligations as determined by reference to Section 1.5(a).

  • LIBOR Margin has the meaning given that term in Section 2.2.(c)(ii)(D).

  • Free Margin means the amount of funds available in the Client Account, which may be used to open a position or maintain an Open Position. Free Margin shall be calculated as: Equity less (minus) Necessary Margin [Free margin = Equity- Necessary Margin].

  • Applicable Eurodollar Rate Margin means, with respect to any Eurodollar Rate Advance, for each Pricing Period, the interest rate margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period: Applicable Pricing Level Margin I 52.50 II 62.50 III 72.50 IV 82.50 V 92.50

  • Applicable Base Rate Margin means, with respect to ABR Loans of any Series at any time, the percentage rate per annum specified as the “Applicable Base Rate Margin” for such Series at such time, as determined pursuant to the Pricing Schedule.

  • Applicable ABR Margin means, at any date:

  • LIBOR Rate Margin has the meaning set forth in the definition of Applicable Margin.

  • Pass-Through Margin With respect to each Class of Offered Certificates (except as set forth in the following sentence), the following percentages: Class A-1 Certificates, 0.1250%; Class A-2a Certificates, 0.0700%; Class A-2b Certificates, 0.1000%; Class A-2c Certificates, 0.1400%; Class A-2d Certificates, 0.2500%; Class M-1 Certificates, 0.3000%; Class M-2 Certificates, 0.3300%; Class M-3 Certificates, 0.3400%; Class M-4 Certificates, 0.4000%; Class M-5 Certificates, 0.4300%; Class M-6 Certificates, 0.4700%; Class B-1 Certificates, 0.9700%; Class B-2 Certificates, 1.1000%; and Class B-3 Certificates, 1.9500%. On the first Distribution Date after the Optional Termination Date, the Pass-Through Margins shall increase to: Class A-1 Certificates, 0.2500%; Class A-2a Certificates, 0.1400%; Class A-2b Certificates, 0.2000%; Class A-2c Certificates, 0.2800%; Class A-2d Certificates, 0.5000%; Class M-1 Certificates, 0.4500%; Class M-2 Certificates, 0.4950%; Class M-3 Certificates, 0.5100%; Class M-4 Certificates, 0.6000%; Class M-5 Certificates, 0.6450%; Class M-6 Certificates, 0.7050%; Class B-1 Certificates, 1.4550%; Class B-2 Certificates, 1.6500%; and Class B-3 Certificates, 2.9250%.

  • Applicable Eurocurrency Margin means, as at any date of determination, the rate per annum then applicable to Eurocurrency Rate Loans determined in accordance with the provisions of Section 2.14(D)(ii) hereof.

  • Prime Rate Margin is set forth on Schedule I hereto.

  • Reset Margin means the margin specified in the applicable Final Terms;

  • Eurodollar Rate Margin means the margin over the Eurodollar Rate used in determining the rate of interest of Eurodollar Rate Loans pursuant to subsection 2.2A.

  • Applicable Margin means, with respect to Advances of any Type at any time, the percentage rate per annum which is applicable at such time with respect to Advances of such Type as set forth in the Pricing Schedule.

  • Applicable LIBOR Rate Margin means the following per annum percentages, applicable in the following situations:

  • Base Rate Margin means a rate per annum determined in accordance with the Pricing Schedule.

  • Applicable Revolver Index Margin means the per annum interest rate margin from time to time in effect and payable in addition to the Index Rate applicable to the Revolving Loan, as determined by reference to Section 1.5(a).

  • Additional Margin shall have the meaning provided in Section 2.14(a).