Common use of Collateral Requirements Clause in Contracts

Collateral Requirements. The Collateral Requirements in relation to all positions held in the accounts established pursuant to the 40 Act Financing Agreements (the "Positions") shall be the greatest of: (a) the sum of (i) the aggregate product of (x) the Collateral Percentage applicable to such Positions and (y) the Current Market Value of such respective Positions and (ii) 10% of the Fixed Rate Financing Amount; (b) the sum of the collateral requirements of such Positions as per Regulation T or Regulation X, as applicable, of the Board of Governors of the Federal Reserve System, as amended from time to time; (c) the sum of the collateral requirements of such Positions as per FINRA Rule 4210, as amended from time to time; or (d) 50% of the Portfolio Gross Market Value.

Collateral Requirements. The Collateral Requirements in relation to all positions held in the accounts established pursuant to the 40 Act Financing Agreements (the "“Positions"”) in Eligible Securities shall be the greatest of: (a) the aggregate sum of (i) the aggregate product of (x) the Collateral Percentage applicable to such Positions and (y) the Current Market Value of such respective Positions and (ii) 10% of the Fixed Rate Financing AmountRating-Based Position Requirements; (b) the aggregate sum of the Stress Based Position Requirements, less USD $10,000,000; (c) the sum of the collateral requirements of such Positions as per Regulation T or Regulation X, as applicable, of the Board of Governors of the Federal Reserve System, as amended from time to time; (cd) the sum of the collateral requirements of such Positions as per FINRA Financial Industry Regulatory Authority Rule 4210, as amended from time to time; or; (de) 50the Issuer Concentration Charge; (f) the Sector Concentration Charge: and (g) 40% of the Portfolio Gross Market Value.

Collateral Requirements. The Collateral Requirements in relation to all positions held in the accounts established pursuant to the 40 Act Financing Agreements (the "“Positions"”) in Eligible Securities shall be the greatest of: (a) the aggregate sum of (i) the aggregate product of (x) the Collateral Percentage applicable to such Positions and (y) the Current Market Value of such respective Positions and (ii) 10% of the Fixed Rate Financing AmountRating-Based Position Requirements; (b) the aggregate sum of the Spread-Based Position Requirements, less USD $10,000,000; (c) the sum of the collateral requirements of such Positions as per Regulation T or Regulation X, as applicable, of the Board of Governors of the Federal Reserve System, as amended from time to time; (cd) the sum of the collateral requirements of such Positions as per FINRA Financial Industry Regulatory Authority Rule 4210, as amended from time to time; or; (de) 50the Issuer Concentration Charge; (f) the Sector Concentration Charge: and (g) 20% of the Portfolio Gross Market Value.

Collateral Requirements. The Collateral Requirements in relation to all positions held in the accounts established pursuant to the 40 Act Financing Agreements (the "Positions") shall be the greatest of: (a) the sum of (i) the aggregate product of (x) the Collateral Percentage applicable to such Positions and (y) the Current Market Value of such respective Positions and (ii) 10% of the Fixed Rate Financing Amount; (b) the sum of the collateral requirements of such Positions as per Regulation T or Regulation X, as applicable, of the Board of Governors of the Federal Reserve System, as amended from time to time; (c) the sum of the collateral requirements of such Positions as per FINRA Rule 4210, as amended from time to time; or or (d) 50% of the Portfolio Gross Market Value.