Aggregate Collateral Value Sample Clauses

The Aggregate Collateral Value clause defines the total value of all collateral provided under an agreement, typically by summing the individual values of each asset pledged as security. In practice, this clause outlines how the value of different types of collateral—such as cash, securities, or property—is calculated and combined, often specifying valuation methods, frequency of revaluation, and any applicable haircuts or discounts. Its core function is to ensure both parties have a clear, agreed-upon measure of the total collateral available, which helps manage credit risk and maintain adequate security throughout the contractual relationship.