Intra-Month Margin Call Threshold. The Seller may require an Intra-Month Margin Call to be made if at any time the amount of Margin lodged by the Seller is less than the Intra-Month Margin Call Threshold, where the Intra-Month Margin Call Threshold is defined as: = (1+VATj) * (Receivables + (SPq β ESTSEM p,q + 0.03ESTSEMM p,q) * Q *Hours p,q) Where: Receivables has the meaning given to it in Part B of this Schedule SPq , ESTSEM p,q , Q, Hours p,q and VATj have the meaning given to them in Part A of this Schedule ESTSEMM p,q was the value of ESTSEM p,q when the last monthly credit calculation was made At any time, in the event that the Intra-Month Margin Call Threshold is breached, the Seller may recalculate the Credit Exposure Calculation set out in this Schedule, and make a Margin Call consistent with this revised calculation.
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Intra-Month Margin Call Threshold. The Seller may require an Intra-Month Margin Call to be made if at any time the amount of Margin lodged by the Seller is less than the Intra-Month Margin Call Threshold, where the Intra-Month Margin Call Threshold is defined as: = (1+VATj) * (Receivables + (SPq β ESTSEM p,q + 0.03ESTSEMM p,q) * Q *Hours p,q) q Where: Receivables has the meaning given to it in Part B of this Schedule SPq , ESTSEM p,q , Q, Q and Hours p,q and VATj have the meaning given to them in Part A of this Schedule ESTSEMM p,q was the value of ESTSEM p,q when the last monthly credit calculation was made At any time, in the event that the Intra-Month Margin Call Threshold is breached, the Seller may recalculate the Credit Exposure Calculation set out in this Schedule, and make a Margin Call consistent with this revised calculation.. SCHEDULE 5 EXAMPLES OF DIFFERENCE PAYMENT/CREDIT EXPOSURE CALCULATIONS
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