Transferred Margin definition

Transferred Margin means the aggregate of all Acceptable Margin that has been Transferred to us hereunder, as reduced from time to time by any Transfer of Equivalent Margin to you under these terms.
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Examples of Transferred Margin in a sentence

  • We will treat any cash, securities or other property of the same type, nominal value, description and amount as the relevant Dividends (less any deductions on account of any tax) (“Equivalent Dividends”) as an addition to the Transferred Margin.

  • In respect of each Valuation Date, if the amount of the Margining Requirement exceeds the Value of the Transferred Margin, then you will immediately Transfer to us Acceptable Margin having Value as of the date of the Transfer at least equal to the applicable Margin Delivery Amount (rounded up to the nearest integral multiple).

  • For this purpose, “Default Margin Amount” means the amount, calculated in our Base Currency of the aggregate value as at the relevant Liquidation Date (as determined by us) of the Transferred Margin.

  • All cash placed by you with us being treated by us as collateral, shall be deemed to constitute Transferred Margin.

  • You may, with our prior written consent, Transfer new Acceptable Margin to us in substitution for the Transferred Margin having the same nominal value and of the same amount as determined by us, as such new Acceptable Margin, whereupon we will Transfer to you Equivalent Margin in respect of the Transferred Margin being substituted.

  • You agree that, if Interest is deemed to be negative for any reason, then it will be treated as a deduction from the Transferred Margin.

  • Upon a demand made by you on or promptly following the Valuation Date, if the Value of the Transferred Margin exceeds the amount of the Margining Requirement, then we will Transfer to you such Equivalent Margin having a Value as of the date of Transfer as close as practicable to the applicable Margin Return Amount (rounded down to the nearest integral multiple).

  • We will also treat an amount equal to any interest payable on the principal amount of any cash comprised in the Transferred Margin (“Interest”) as an addition to the Transferred Margin, unless agreed otherwise between us and you, no interest is payable by us on any Transferred Margin transferred by you.

  • We will also treat an amount equal to any interest payable on the principal amount of any cash comprised in the Transferred Margin (“Interest”) as an addition to the Transferred Margin, unless agreed otherwise between us and you, no interest is payable by us on any Transferred ▇▇▇▇▇▇ transferred by you.

  • SUBSTITUTIONS Substitution: You may, with our prior written consent, Transfer new Acceptable Margin to us in substitution for the Transferred Margin having the same nominal value and of the same amount as determined by us, as such new Acceptable Margin, whereupon we will Transfer to you Equivalent Margin in respect of the Transferred Margin being substituted.

Related to Transferred Margin

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

  • 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).

  • Applicable ABR Margin means, at any date:

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

  • Interest Margin or "rm" means the percentage specified as such in the table below. The Calculation Agent may adjust the Interest Margin, acting in good faith and in a commercially reasonable manner, to reflect any disparity between the Reference Interest Rate and the Issuer's funding rate, save that the Interest Margin will not be less than the Minimum Interest Margin and will not exceed the Maximum Interest Margin;