Variable Margin definition

Variable Margin. (equity) shall mean the total Counterparty’s balance on the Trading Account in the currency of the Trading Account for all Trading Instruments on condition of real-time re-evaluation of the Counterparty’s Open Positions at the Current Market Rate in the Trading Platform.
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Variable Margin means the percentage obtained from the following equation: Revenues — Direct Expenses = Variable Margin where,
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Variable Margin means the margin determined in accordance with Condition 5(e) (Variable Margin).
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Examples of Variable Margin in a sentence

  • If the current value of the Variable Margin of the trading account falls lower than limiting level according to the margin requirements indicated on the Company's Website in the ‘Contract Specifications and Margin Requirements’ document, for the purpose of prevention of possible rate losses, the Company may unilaterally automatically close (liquidate) Counterparty’s Open Positions at the Current Market Rate.

  • The amount of open positions of Counterparty may not exceed the equivalent of 2 000 000 000 USD, provided that the Company reserves the right to unilaterally change the requirements to ratio of the Counterparty’s Open position and Variable Margin.

  • For purposes of the foregoing, "Loss Contract" means any Contract (A) with a total contract value in excess of $1,000,000 or (B) of or related to Syseca, Inc., that, to the knowledge of Company or any Subsidiary (with the exercise of reasonable care), has a negative Net Variable Margin as defined in Section 3.17(b) or 3.17(c) of the Disclosure Schedule.

  • The remaining Variable Margin amount must be sufficient to maintain the Counterparty’s Open Position, taking into account the ratio of the minimum margin amount to Open Position amount (Variable Margin amount shall not be less than the minimum margin amount).

  • However, if on any day, Newco 2 has failed to deliver to the Agent under clause 10.1(b) the relevant consolidated accounts of the Group and the related compliance certificate in respect of any financial year end or, as the case may be, Quarter and such failure is continuing, the Variable Margin and the Variable Commitment Commission Rate for such day shall not be subject to any reduction pursuant to this schedule 8.

  • Each payment shall be accompanied by a report in a form which is reasonably acceptable to Digital which sets forth the computation of Net Receipts, Variable Margin and the running royalty on a product by product basis.

  • During any period that an Event of Default is continuing which has not been remedied or waived by the Majority Banks the Variable Margin shall be 2.25 per cent.

  • Gross Variable Margin shall have the meaning ascribed to it in Section 1.1(a).


More Definitions of Variable Margin

Variable Margin for the purpose of computing royalties under the foregoing means: (i) Net Receipts minus (-) an amount equal to 110% of Genicom's direct third party cost, including license fees, of acquiring the Printers and Options and future printers and options which were sold, leased or otherwise commercially transferred or the direct cost of manufacturing such Printers and Options and future printers and options incurred by Genicom, divided by (ii) Net Receipts.
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Related to Variable Margin

  • Applicable Margins means collectively the Applicable L/C Margin, the Applicable Revolver Index Margin, the Applicable Term Loan Index Margin, the Applicable Revolver LIBOR Margin and the Applicable Term Loan LIBOR Margin.

  • 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.

  • Variable Rate means a per annum rate of interest, equal to LIBOR plus 1.68%, as determined on the LIBOR Determination Date preceding each Interest Payment Date, reset quarterly, commencing upon expiration of the Fixed Rate Period.

  • LIBOR Applicable Margin means, as of any date with respect to any LIBOR Interest Period, the Applicable Margin in effect for such LIBOR Interest Period as determined in accordance with Section 2.4 hereof.

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