Marks to Market Sample Clauses

Marks to Market. The Bank shall on each Business Day xxxx to market in U.S. dollars the value of all Securities loaned hereunder and accordingly receive and release Collateral in accordance with the applicable Securities Borrowing Agreement.
Sample 1Sample 2Sample 3See All (36)
AutoNDA by SimpleDocs
Marks to Market. The Bank shall on each Business Day xxxx to market the value of all Loaned Securities and demand from the appropriate Borrowers additional Collateral or Non-U.S. Collateral when the Market Value of Collateral and Non-U.S. Collateral received by the Bank from such Borrowers is less than the then current Market Value of all of the Loaned Securities (a “Margin Deficit”). Notwithstanding the foregoing, Lender agrees that the Bank may exercise its right to demand additional Collateral or Non-U.S. Collateral from Borrowers only where a Margin Deficit exceeds a specified amount or specified percentage of the Market Value of the Loaned Securities determined by the Bank to be immaterial (but at all times consistent with generally accepted industry practices). Whenever the Bank demands additional Collateral or Non-U.S. Collateral pursuant to the foregoing, such additional Collateral together with the Collateral and Non-U.S. Collateral then held by the Bank in connection with Loans shall have a Market Value of not less than the Collateral Requirement.
Sample 1Sample 2Sample 3See All (10)
Marks to Market. Bank shall on each Business Day mark to market the value of all Loaned Securities and Collateral other than Cash Collateral in accordance with the Collateral Mark to Market Requirements set forth below in Section 3.4 (“Requirements”) and cause to be received or released Collateral in accordance with the applicable Securities Lending Agreement. The Requirements may be changed by mutual agreement between Bank and Customers; however, such agreement shall not become effective until such time as Bank has received and acknowledged written instructions from a Customer setting forth the mutually agreed upon mark to market requirements. Any such change in the Requirements shall only apply to those Loans which are entered into after such change is effected with the foregoing procedure.
Sample 1Sample 2Sample 3
Marks to Market. (a) If, as of the close of business on any Business Day, the aggregate Market Value of the Collateral in respect of all Loans between a single Lender and the Borrower (the "Aggregate Collateral Value") shall exceed the Maintenance Percentage of the aggregate Market Value of the Loaned Securities subject to such Loans (the "Aggregate Loaned Securities Value"), the Agent shall, if so directed by the Borrower and provided that the Agent shall not know that any Borrower's Default has occurred and is continuing, as promptly as possible on the next Business Day, return to the Borrower (and the Lender making such Loan shall be deemed to have directed the Agent to do so ) Collateral specified by the Borrower provided that as of the close of business on the day prior to the date of such return, after giving effect to any such return, the Aggregate Collateral Value shall be at least equal to the Maintenance Percentage of the Aggregate Loaned Securities Value.
Sample 1Sample 2
Marks to Market. Lender’s Agent to price each loaned security daily using the closing valuation as of the prior business day. The Lender’s Agent shall use a pricing service to obtain market valuation. If the market value of the given collateral falls below 100% of the market value of the loaned security plus accrued interest, the Lender’s Agent shall request additional collateral from the Borrower to bring the collateralization back to 102% for any domestic government or agency securities loaned. For any approved, domestic non-government or agency securities loaned, if the market value of the collateral falls below 102% plus accrued interest of the Loaned Securities, the Lender’s Agent shall request additional collateral from the Borrowers to bring the collateralization back to 102%. Lenders Agent shall exercise the rights afforded to Lender under Section 9 of the Securities Lending Agreement.
Sample 1
Marks to Market. If, at the close of trading on any business day, the market value of the Collateral falls below one hundred two percent of the then market value of the Loaned Securities and any accrued interest thereon, the Lender may, by oral notice to the Borrower given on the next business day not later than 10:00 a.m. New York Time, in the case of Government Securities, or 11:30 a.m. New York Time, in the case of equity or corporate securities, demand that the Borrower deliver additional Collateral of the type specified by the Lender, with a market value which, when added to the market value of the Collateral then held by the Lender, will equal at least one hundred two percent of the then market value of the Loaned Securities and any accrued interest thereon. If, at the close of trading on any business day, the then market value of the Collateral held with respect to the Loaned Securities exceeds one hundred two percent of the then market value of the Loaned Securities and any accrued interest thereon the Borrower may, by oral notice to the Lender given on the next business day not later than 10:00 a.m. New York Time, in the case of Government Securities, or 11:30 a.m. New York Time, in the case of equity or corporate securities, demand that the Lender return to the Borrower an amount of Collateral equal to the amount by which the market value of the Collateral exceeds one hundred two percent of the then market value of the Loaned Securities and any accrued interest thereon. All demands made pursuant to this Subsection (c) shall be complied with not later than the close of business on the same business day if such demand is given by the aforementioned times. Notwithstanding the foregoing, if such Loaned Securities are foreign securities, the return of excess Collateral by the Lender and the delivery of additional Collateral by the Borrower shall be based upon and determined by a then market value of the foreign Loaned Securities and any accrued interest thereon of one hundred five percent.
Sample 1
Marks to Market. The Bank shall on each Business Day mark to market in U.S. dollars the value of all Securities loaned hexxxxder and accordingly receive and release Collateral in accordance with the applicable Securities Borrowing Agreement.
Sample 1
AutoNDA by SimpleDocs

Related to Marks to Market

  • Xxxx to Market BTC shall on each Business Day xxxx to market in U.S. dollars the value of all Collateral (other than Cash Collateral) and Securities loaned hereunder and accordingly receive and release Collateral in accordance with the applicable Securities Lending Agreement.

  • Trademarks and Service Marks In the event the Administrative Agent forecloses on its security interest in the License Agreements and transfers the License Agreements to a Person who does not meet the Successor Manager Requirements, then Sprint PCS shall have the right to terminate the License Agreements and cause the Administrative Agent to release its security interest in the License Agreements immediately prior to such transfer.

  • Trademarks, Etc Except to the extent required by applicable law, no Party shall use any other Party's names, logos, trademarks or service marks, whether registered or unregistered, without the prior consent of such Party.

  • Trademarks and Trade Names (a) Each party hereby acknowledges that it does not have, and shall not acquire any interest in any of the other party’s trademarks or trade names unless otherwise expressly agreed.

  • Statistical, Demographic or Market-Related Data All statistical, demographic or market-related data included in the Registration Statement, the Disclosure Package or the Prospectus are based on or derived from sources that the Company believes to be reliable and accurate and all such data included in the Registration Statement, the Disclosure Package or the Prospectus accurately reflects the materials upon which it is based or from which it was derived.

  • Trademarks; Tradenames As soon as practicable after the Closing Date, Seller shall eliminate the use of all of the trademarks, tradenames, service marks and service names used in the Business, in any of their forms or spellings, on all advertising, stationery, business cards, checks, purchase orders and acknowledgments, customer agreements and other contracts and business documents. Seller shall grant Buyer the right to use the ClearStory name, as described in the Trademark License Agreement at Exhibit B.

  • Marks See Section 2.3(a). -----

  • Trademarks and Tradenames 17 10.10 Indemnity........................................................................ 17 10.11

  • Product Marking LICENSEE agrees to xxxx the LICENSED PRODUCTs sold in the United States with all applicable United States patent numbers. All LICENSED PRODUCTs shipped to or sold in other countries shall be marked in such a manner as to conform with the patent laws and practices of the country of manufacture or sale.

  • Market The Company has not taken and will not take, directly or indirectly, any action designed to, or that might reasonably be expected to cause or result in, stabilization or manipulation of the price of the Common Stock of the Company to facilitate the sale or resale of the Purchased Securities.

Time is Money Join Law Insider Premium to draft better contracts faster.