Examples of Margin Limit in a sentence
The Margin Limit for each Contracting Party is the amount at which the Contracting Party’s Initial Margin is equal to eighty percent (80%) of the Contracting Party’s Net Equity.
A Contracting Party will be activated on the ICE NGX Trading System and/or ICE NGX Clearing System by Exchange after the Application has been accepted and all pre-requisite requirements have been satisfied under this Section 5 or otherwise under this Agreement and once Exchange has received Eligible Collateral Support which will be used to establish a Margin Limit for that Contracting Party.
A Contracting Party may increase its Margin Limit with Exchange by increasing its Collateral.
If at any time the debit balance outstanding in my/our Margin Securities Account shall be greater than the Margin Limit, I/we shall immediately deposit and maintain or procure to be deposited and maintained with you such amount of cash so that after the addition such debit balance shall not be greater than the Margin Limit.
I/We will ensure that the debit balance outstanding at any time in my/our Margin Securities Account shall not be greater than the Margin Limit.