Required Collateral means the amount of Eligible Collateral required to be pledged by a Covered Depository or, in the case of a Letter of Credit, such LOC or surety bond issued to the State Treasurer as beneficiary, to satisfy a respective Covered Depository’s minimum collateral pledging tier requirement as determined by the State Treasurer.
Required Collateral has the meaning provided in the definition of “Increased Cost”.
Required Collateral shall have the meaning set forth in Section 23.01.
Examples of Required Collateral in a sentence
CITY agrees that approval of the withdrawal notice will not be unreasonably withheld if the Collateral exceeds the Required Collateral Value.
Any noncompliance (as defined as a day where the Fair Market Value of the Eligible Collateral does not equal or exceed the Required Collateral) will be reported, in an electronic format, to the Administrator and Treasury within three (3) business days.
Collateral May be Required Collateral is any asset worth the loan amount used to secure the promissory note.
The Depository shall also deposit additional Eligible Collateral in the Securities Account maintained by the Custodian within three (3) business days (or five (5) business days in the case where the Depository intends to use a Federal Home Loan Bank Letter of Credit) of the date of noncompliance if necessary to reach and maintain the Required Collateral.
The Depository shall monitor the Required Collateral on a daily basis.
More Definitions of Required Collateral
Required Collateral means the amount of Eligible Collateral required to be pledged by a Covered Depository or, in the case of a Letter of Credit, such LOC issued to the State Treasurer as beneficiary, to satisfy a respective Covered Depository’s minimum collateral pledging tier requirement as determined by the State Treasurer.
Required Collateral means (i) in respect of any Option and any time, the types and amounts of Collateral required by the Options Office as security for the Pledgor’s obligations under that Option at such time as specified in the applicable Confirmation, and (ii) in respect of any Option Loan, the type and amount of Collateral specified in accordance with the Credit Terms, and in either case, as may be specified from time to time in a Collateral Notice.
Required Collateral means (a) all Equity Interests of CCR (other than, prior to the consummation of the Take-In Transaction, general partnership interests) owned by the Borrower or any of its Subsidiaries (other than, prior to the consummation of the Take-In Transaction, CCR or any of its Subsidiaries), (b) prior to the consummation of the Take-In Transaction, all Equity Interests of CCR GP, (c)(A) prior to the consummation of the Take-In Transaction, the Undivided Interests in the Pennsylvania Mining Complex owned by the Borrower or any of its Subsidiaries (other than, prior to the consummation of the Take-In Transaction, CCR or any of its Subsidiaries) and (B) on and following the consummation of Take-In Transaction, the Pennsylvania Mining Complex, (d) the Baltimore Dock Facility, (e) the Specified Coal Reserves and (f) prior to the consummation of the Take-In Transaction, all rights in the obligations of the Affiliated Company Loan Agreement Loan Parties under the Affiliated Company Loan Documents, including all rights in all Affiliated Company Notes.
Required Collateral means the amount of eligible collateral required for an eligible depository to secure public deposits set by the policies and procedures of the administrator. END_STATUTE
Required Collateral means eligible collateral, excluding accrued interest, having a market value equal to or in excess of the greater of the average daily balance or average monthly balance of public deposits multiplied by the qualified public depository's collateral-pledging level as required by the Tennessee Board of Regents. (T.C.A. 9-4-502)
Required Collateral means all Accounts of each Borrower owed by any Account Debtor (including all future receivables), all Specified Deposit Accounts of each Borrower, the JPM German Collection Deposit Account, all rights, interests and title of each Borrower under any Specified Contract, all rights, interests and title of each Borrower under the Agency Agreement and any and all other assets and property, whether tangible, intangible or mixed, of each Borrower of the type that constitute Collateral on the Closing Date pursuant to any of the Closing Date Collateral Documents, except solely on account to a generic reference to “products” or “proceeds” of any such other assets and properties constituting Collateral.
Required Collateral means such portion of the Collateral which the Bank deems to be required for use as security or credit support for Transactions or the Account Holder's and/or any Security Party’ s obligations under the Facility Documents, and includes any other Collateral which the Bank may from time to time, in its absolute discretion, accept from the Account Holder and/or any Security Party;