Margin Deficit Notice definition

Margin Deficit Notice shall have the meaning specified in Article 4(a).
Sample 1Sample 2Sample 3
Margin Deficit Notice. A written notice, substantially in the form attached as Exhibit E hereto, which requires the Sellers to correct a Margin Deficit in accordance with Article IV of this Agreement.
Sample 1Sample 2
Margin Deficit Notice shall have the meaning specified in Section 4(a) of this Agreement.
Sample 1Sample 2

Examples of Margin Deficit Notice in a sentence

  • Seller shall perform the obligations under this Article 4(a) by the close of the next succeeding Business Day if the Margin Deficit Notice was received by Seller prior to 3:00 p.m. New York City time, or, the second (2nd) succeeding Business Day if the Margin Notice was received by Seller after 3:00 p.m. New York City time (the “Margin Deadline”).


More Definitions of Margin Deficit Notice

Margin Deficit Notice. Defined in Section 2.7 of this Agreement.
Sample 1Sample 2
Margin Deficit Notice. A notice in the form of Exhibit X attached hereto requiring the Seller to eliminate a Margin Deficit by the Margin Correction Deadline.
Sample 1Sample 2
Margin Deficit Notice. Defined in Subsection 2.7(a).
Sample 1Sample 2
Margin Deficit Notice. A notice from the Purchaser to the Seller to eliminate a Margin Deficit in the form of Exhibit VII attached hereto.
Sample 1
Margin Deficit Notice. Defined in Paragraph 4 (a) of this Repurchase Agreement.
Sample 1

Related to Margin Deficit Notice

  • Margin Deficit shall have the meaning assigned thereto in Section 6(a) hereof.

  • Borrowing Base Deficiency means, as of any date of determination, the positive amount, if any, by which (i) the aggregate Loans Outstanding exceeds (ii) the Borrowing Base.

  • Principal Deficit Amount means, as of any date of determination, the excess, if any, of (i) the Series 2012-1 Invested Amount on such date (after giving effect to the distribution of the Monthly Total Principal Allocation for the Related Month if such date is a Distribution Date) over (ii) the Series 2012-1 AESOP I Operating Lease Loan Agreement Borrowing Base on such date; provided, however that the Principal Deficit Amount on any date occurring during the period commencing on and including the date of the filing by any of the Lessees of a petition for relief under Chapter 11 of the Bankruptcy Code to but excluding the date on which each of the Lessees shall have resumed making all payments of the portion of Monthly Base Rent relating to Loan Interest required to be made under the AESOP I Operating Lease, shall mean the excess, if any, of (x) the Series 2012-1 Invested Amount on such date (after giving effect to the distribution of Monthly Total Principal Allocation for the Related Month if such date is a Distribution Date) over (y) the sum of (1) the Series 2012-1 AESOP I Operating Lease Loan Agreement Borrowing Base on such date and (2) the lesser of (a) the Series 2012-1 Liquidity Amount on such date and (b) the Series 2012-1 Required Liquidity Amount on such date.

  • Rejection Event means, in respect of the Benchmark, the relevant competent authority or other relevant official body rejects or refuses or will reject or refuse any application for authorisation, registration, recognition, endorsement, equivalence, approval or inclusion in any official register which, in each case, is required in relation to the Securities, the Benchmark or the administrator or sponsor of the Benchmark under any applicable law or regulation for the Issuer or any other entity to perform its obligations in respect of the Securities.

  • Reduction Notice has the meaning set forth in Section 1.3.

  • Funding Notice means a notice substantially in the form of Exhibit A-1.

  • Collection Notice means a notice, in substantially the form of Annex A to Exhibit VI, from the Administrative Agent to a Collection Bank.

  • Margin Notice Deadline the time agreed to by the parties in the relevant Confirmation, Annex I hereto or otherwise as the deadline for giving notice requiring same-day satisfaction of margin maintenance obligations as provided in Paragraph 4 hereof (or, in the absence of any such agreement, the deadline for such purposes established in accordance with market practice);

  • Reset Notice has the meaning specified in Section 307(b).

  • Transaction Notice means a written request of Seller to enter into a Transaction in a form attached as Exhibit C hereto or such other form as shall be mutually agreed upon between Seller and Purchaser, which is delivered to the Purchaser in accordance with Section 3(c) herein.

  • Borrowing Notice is defined in Section 2.8.

  • Borrowing Base Deficit means, at any time of determination, the amount, if any, by which (a) the Aggregate Capital at such time, exceeds (b) the Borrowing Base at such time.

  • Step-Out Notice has the meaning given to it in Section 8.1.

  • Requisite Notice means a notice delivered in accordance with Section 10.02.

  • Prepayment Notice means a notice by the Borrower to prepay Loans, which shall be in such form as the Appropriate Party may approve.

  • Addition Notice With respect to the transfer of Subsequent Mortgage Loans to the Trust Fund pursuant to Section 2.08, a notice of the Depositor's designation of the Subsequent Mortgage Loans to be sold to the Trust Fund and the aggregate principal balance of such Subsequent Mortgage Loans as of the Subsequent Cut-off Date. The Addition Notice shall be given not later than three Business Days prior to the related Subsequent Transfer Date and shall be substantially in the form attached hereto as Exhibit P.

  • Title Defect Notice shall have the meaning set forth in Section 11.2(a).

  • Defect Notice shall have the meaning specified in Section 3.2 of this Agreement.

  • Opt-Out Notice has the meaning specified therefor in Section 2.02(a) of this Agreement.

  • Reduction Event means any of the following:

  • Closing Notice Has the meaning specified in the NPA. Company: Has the meaning specified in the first paragraph of this Trust Supplement.

  • Load Reduction Event means a reduction in demand by a Member or Special Member for the purpose of participating in the PJM Interchange Energy Market.

  • Prepayment Price Has the meaning specified in Section 6.02(b) of the Indenture.

  • Margin Call means the situation when the Company informs the Client to deposit additional Margin when the Client does not have enough Margin to open or maintain open positions.

  • Lease Default means any event or condition which, with the lapse of time or the giving of notice, or both, would constitute a Lease Event of Default.