Common use of Code Credit Limit and Relevant Code Indebtedness Clause in Contracts

Code Credit Limit and Relevant Code Indebtedness. 3.2.1 For the purposes of the Code: (a) a "Code Credit Limit" is the sum of a User’s Unsecured Credit Limit and any security or surety provided by a User pursuant to paragraph 3.4, provided that such amount must be equal to or greater than the User’s Value at Risk;

Code Credit Limit and Relevant Code Indebtedness. 3.2.1 For the purposes of the Code: (a) a "Code Credit Limit" is the sum of an amount representing a User’s Unsecured Credit Limit and any security or surety provided by a User pursuant to paragraph 3.4, provided that such amount must be equal to or greater than the User’s Value at Risk's maximum permitted Relevant Code Indebtedness;

Code Credit Limit and Relevant Code Indebtedness. 3.2.1 For the purposes of the Code: (a) a "Code Credit Limit" is the sum of a User’s Unsecured Credit Limit and any security or surety provided by a User pursuant to paragraph 3.4, provided that such amount must be equal to or greater than the User’s Value at Risk;

Code Credit Limit and Relevant Code Indebtedness. 3.2.1 For the purposes of the Code: (a) a "Code Credit Limit" is the sum of a User’s Unsecured Credit Limit and any security or surety provided by a User pursuant to paragraph 3.4, provided that such amount must be equal to or greater than the User’s Value at Risk;; 5 Implementation of modification 0713S effective 05:00hrs on 11/05/2020 will amend the table in paragraph 3.1.7.

Code Credit Limit and Relevant Code Indebtedness. 3.2.1 For the purposes of the Code: (a) a "Code Credit Limit" is the sum of an amount representing a User’s Unsecured Credit Limit and any security or surety provided by a User pursuant to paragraph 3.4, provided that such amount must be equal to or greater than the User’s Value at Risk's maximum permitted Relevant Code Indebtedness.;