Margin Excess definition

Margin Excess the meaning specified in Paragraph 4(b) hereof;

Margin Excess shall have the meaning assigned in Section 9.3.

Margin Excess shall have the meaning specified in Section 4(a) hereof.

Examples of Margin Excess in a sentence

• Xxxxxx understands that, among other things, Xxxxxx authorizes the Trustee or Agent under the Collateral Control Agreement to instruct Borrower to pay additional Collateral into the Collateral Account to maintain sufficient Collateral to secure a Loan, and to instruct Custodian to pay Margin Excess held in the Custody Account to Borrower in accordance with Sections 9.1, 9.2 and 9.3 of this Agreement.

• Lender understands that, among other things, Lender authorizes the Trustee or Agent under the Collateral Control Agreement to instruct Borrower to pay additional Collateral into the Collateral Account to maintain sufficient Collateral to secure a Loan, and to instruct Custodian to pay Margin Excess held in the Custody Account to Borrower in accordance with Sections 9.1, 9.2 and 9.3 of this Agreement.

• In the event the then aggregate Margin Value of Purchased Securities shall exceed the Purchase Price of outstanding Transactions (such excess amount, the "Margin Excess"), Custodian shall so notify Seller and, upon Oral or Written Instructions from Seller, Custodian shall transfer Purchased Securities from Buyer's Account to Seller's Account having a Market Value equal to the Margin Excess.

• The intent of this Section 9 is to offset the effect of a Margin Deficit or Margin Excess against Variation Margin.

• Lender hereby authorizes Agent to instruct Borrower to pay additional Collateral into the Collateral Account and to instruct Custodian to pay Margin Excess held in the Custody Account to Borrower in accordance with Sections 9.1, 9.2 and 9.3 of this Agreement.

More Definitions of Margin Excess

Margin Excess shall have the meanings set forth in Sections 8.1 and 8.2, respectively.

Margin Excess is defined in Section 6.1(b).

Margin Excess shall have the meaning specified in Section 4(b) of this Agreement.

Margin Excess has the meaning set forth in Section 2.05(d).

Margin Excess means, with respect to any Purchased Asset on any date, the product of (a) the amount by which the Market Value of such Purchased Asset exceeds the Margin Amount of such Purchased Asset on such date, multiplied by (b) the Maximum Purchase Price Percentage for such Purchased Asset.

Margin Excess. Defined in Section 4.02.

Margin Excess means, with respect to any Purchased Asset on any date, the product of (a) the amount by which the Market Value of such Purchased Asset exceeds the Margin Amount of such Purchased Asset on such date, multiplied by (b) the maximum Purchase Price Percentage for such Purchased Asset.