Calls on collaterals Sample Clauses

Calls on collaterals. 1. The Allocation Platform is entitled to call upon collaterals of a Registered Participant in the event of a registered payment incident in accordance with Article 55.
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Calls on collaterals. 1. The Allocation Platform is entitled to call upon collaterals of a Registered Participant in the event of a registered payment incident in accordance with Article 67 and in relation to any sum invoiced under any set of rules applicable to IFA Capacity Allocation (this may include, but not limited to, the IFA Day Ahead and Intraday Allocation Rules and the Fallback Procedures methodology defined by Article 44) that a Registered Participant has failed to pay by the due date for payment. This shall include but not be limited to day-ahead explicit auctions and explicit intraday auctions.
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Related to Calls on collaterals

  • Collateral Each of the Banks represents to the Agent and each of the other Banks that it in good faith is not relying upon any "margin stock" (as defined in Regulation U) as collateral in the extension or maintenance of the credit provided for in this Agreement.

  • Liens Create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired, other than the following:

  • Enforcement Actions Either the Company or Executive may bring an action in court to compel arbitration under this Agreement and to enforce an arbitration award. Except as otherwise provided in this Agreement, neither party shall initiate or prosecute any lawsuit in any way related to any arbitrable claim, including without limitation any claim as to the making, existence, validity, or enforceability of the agreement to arbitrate. All arbitration hearings under this Agreement shall be conducted in Las Vegas, Nevada.

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