Examples of Acceptable Margin in a sentence
I/We shall at all times ensure that the aggregate Acceptable Margin Value of all the securities in my/our Margin Securities Account is not less than the outstanding amount of the Credit Facilities.
Trans-systemic Approaches as Possible Educational FrameworksIn 1999, McGill’s Faculty of Law implemented its “Transsystemic legal education” program (McGill University, 2020), which aimed at combining the teaching of common law and civic law for a broader understanding of these systems that co-exist in Québec, and an even more expansive understanding of legal orders in a global perspective.
Margin client has to ensure that the outstanding amount of the Credit Facilities in the margin account at all times will not be greater than the Acceptable Margin Value of all the securities in the margin account.
Notwithstanding the use of the terms such as “Margin” which are used to reflect terminology used in the market for such transactions, nothing in these provisions is intended to create or does create in favour of either party mortgage, charge, lien, pledge, encumbrance or other security interest in any Acceptable Margin, Equivalent Margin, Equivalent Dividends on Interest Transferred hereunder.
In general, the Acceptable Margin Value is set out as follows: Type of Securities Acceptable margin value % Selected blue chips 70% Other Blue chips and selected H shares 60% Hang Seng China Enterprise 50% Selected stocks with market 50% Capitalization > HK$2.5 billion Other Selected stocks 30% The above stock grading criteria is applicable to diversified portfolio and stock grading for single stock account will be considered on a case by case basis.
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).
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.
Each party agrees that all right, title and interest in and to any Acceptable Margin, Equivalent Margin, Equivalent Dividends or Interest which it transfers to the other party shall vest in the recipient free and clear of any security interest, lien, charges, encumbrance or other restriction.
On the axial moorings there will be two instruments each near crest depth, one half way down inside the ASCT (5-10 mab) and one immediately above the lip of the trough.
Each party represents to the other party (which representation will be deemed repeated as of each date on which a Transfer of Acceptable Margin, Equivalent Margin, Equivalent Dividends or Interest is made) that it is the sole owner or otherwise has the right to Transfer all the aforementioned property, free and clear of any security interest, lien, encumbrance or other restriction.