Debt Securities Collateral Percentage -. The Collateral Percentage for a Position consisting of applicable Debt Securities shall be the sum of (A) the Debt Core Collateral Rate and (B) the product of (1) the Debt Core Collateral Rate and (2) the sum of the Debt Concentration Factor and the Debt Liquidity Adjustment; provided that the Collateral Percentage for any debt security which trades below 40% of its nominal value shall be 100%.
Appears in 8 contracts
Samples: Committed Facility Agreement (Guggenheim Enhanced Equity Income Fund (F/K/a Old Mutual/Claymore Long-Short Fund)), Committed Facility Agreement (DNP Select Income Fund Inc), Committed Facility Agreement (Duff & Phelps Utility & Corporate Bond Trust Inc)
Debt Securities Collateral Percentage -. The Collateral Percentage for a Position consisting of applicable Debt Securities shall be the sum of (A) the Debt Core Collateral Rate and (B) the product of (1) the Debt Core Collateral Rate and (2) the sum of the Debt Concentration Factor and the Debt Liquidity Adjustment; provided that the Collateral Percentage for any debt security which trades below 40% of its nominal value shall be 100%Factor.
Appears in 8 contracts
Samples: Account Agreement (Dividend & Income Fund), Account Agreement (Global Income Fund, Inc.), Account Agreement (Dividend & Income Fund)
Debt Securities Collateral Percentage -. The Collateral Percentage for a Position consisting of applicable Debt Securities shall be the sum of (Ax) the Debt Core Collateral Rate and (By) the product of (1i) the Debt Core Collateral Rate and (2ii) the sum of the Debt Concentration Factor and Factor, the Debt Liquidity Adjustment; , and the Country Concentration Factor, provided that the Collateral Percentage for any debt security which trades trading below 40% of its nominal value shall be 100%.
Appears in 3 contracts
Samples: Account Agreement (Alpine Global Premier Properties Fund), Account Agreement (Alpine Series Trust), Account Agreement (Alpine Equity Trust)
Debt Securities Collateral Percentage -. The Collateral Percentage for a Position consisting of applicable Debt Securities shall be the sum of (A) the Debt Core Collateral Rate and (B) the product of (1) the Debt Core Collateral Rate and (2) the sum of the Debt Concentration Factor and the Debt Liquidity Adjustment; provided that the Collateral Percentage for any debt security which trades below 40% of its nominal par value shall be 100%.
Appears in 1 contract
Samples: Committed Facility Agreement (ClearBridge Energy MLP Fund Inc.)
