Common use of MARGIN AMOUNT MAINTENANCE Clause in Contracts

MARGIN AMOUNT MAINTENANCE. (a) If at any time the Margin Base is less than the aggregate Purchase Price for all outstanding Transactions (a "Margin Deficit"), then Buyer may by notice to Seller (as such notice is more particularly set forth below, a "Margin Deficit Notice") require Seller to transfer to Buyer or its designee (including Custodian) cash to be applied to reduce the Purchase Price with respect to all outstanding Transactions such that the aggregate Asset Value of the Purchased Assets will thereupon equal or exceed the aggregate Purchase Price for all outstanding Transactions. If Buyer delivers a Margin Deficit Notice to Seller on or prior to 10 a.m., New York City time, on any Business Day, then Seller shall transfer such cash to Buyer no later than 5 p.m. New York City time, on such Business Day. In the event Buyer delivers a Margin Deficit Notice to Seller after 10 a.m., New York City time, on any Business Day, Seller shall be required to transfer such cash no later than 5 p.m., New York City time, on the subsequent Business Day. All cash transferred to Buyer pursuant to this Section 4(a) shall be deposited in the account set forth in Section 8(a) hereof and shall be deemed to reduce the aggregate Purchase Price with respect to all outstanding Transactions.

MARGIN AMOUNT MAINTENANCE. (a) If at any time the Margin Base is less than the aggregate Purchase Price for all outstanding Transactions (a "“Margin Deficit"”), as determined by Buyer in Buyer’s sole discretion exercised in good faith, then Buyer may by notice to Seller (as such notice is more particularly set forth below, a "“Margin Deficit Notice"”) require Seller to transfer to Buyer or its designee (including Custodian) cash to be applied to reduce the Purchase Price with respect to all outstanding Transactions such that the aggregate Asset Value Margin Base of the Purchased Assets will thereupon equal or exceed the aggregate Purchase Price for all outstanding Transactions. If Buyer delivers a Margin Deficit Notice to Seller on or prior to 10 a.m., New York City time, on any Business Day, then Seller shall transfer such cash to Buyer no later than 5 4 p.m. New York City time, on such Business Day. In the event Buyer delivers a Margin Deficit Notice to Seller after 10 a.m., New York City time, on any Business Day, Seller shall be required to transfer such cash no later than 5 4 p.m., New York City time, on the subsequent Business Day. All cash transferred to Buyer pursuant to this Section 4(a) shall be deposited in the account set forth in Section 8(a) hereof and hereof. Buyer shall be deemed allocate such cash to reduce the aggregate Purchase Price with respect Prices relating to all the Purchased Assets subject to outstanding TransactionsTransactions as Buyer shall determine in its sole discretion, exercised in good faith.

MARGIN AMOUNT MAINTENANCE. (a) If at any time the Margin Base is less than the aggregate Purchase Price for all outstanding Transactions (a "“Margin Deficit"”), then Buyer may by notice to Seller (as such notice is more particularly set forth below, a "“Margin Deficit Notice"”) require Seller to transfer to Buyer or its designee (including Custodian) cash to be applied to reduce the Purchase Price with respect to all outstanding Transactions such that the aggregate Asset Value of the Purchased Assets will thereupon equal or exceed the aggregate Purchase Price for all outstanding Transactions. If Buyer delivers a Margin Deficit Notice to Seller on or prior to 10 a.m., 6 p.m. (New York City time, ) on any Business Day, then Seller shall transfer such cash to Buyer no later than 5 p.m. (New York City time, on such ) the following Business Day. In the event Buyer delivers a Margin Deficit Notice to Seller after 10 a.m., 6 p.m. (New York City time, ) on any Business Day, then such Margin Deficit Notice shall be deemed to have been delivered on the following Business Day and Seller shall be required to transfer such cash no later than 5 p.m., p.m. (New York City time, ) on the subsequent Business Day. All cash transferred to Buyer pursuant to this Section 4(a) shall be deposited in the account set forth in Section 8(a) hereof and shall be deemed to reduce the aggregate Purchase Price with respect to all outstanding Transactionshereof.

MARGIN AMOUNT MAINTENANCE. (a) If at any time the Margin Base is less than the aggregate Purchase Price for all outstanding Transactions (a "“Margin Deficit"”), then Buyer may by notice to Seller (as such notice is more particularly set forth below, a "“Margin Deficit Notice"”) require Seller to transfer to Buyer or its designee (including Custodian) cash Cash to be applied to reduce the Purchase Price with respect to all outstanding Transactions such that the aggregate Asset Value of the Purchased Assets will thereupon equal or exceed the aggregate Purchase Price for all outstanding Transactions. If Buyer delivers a Margin Deficit Notice to Seller on or prior to 10 a.m., New York City time, on any Business Day, then Seller shall transfer such cash to Buyer no later than 5 4 p.m. New York City time, on such Business Day. In the event Buyer delivers a Margin Deficit Notice to Seller after 10 a.m., New York City time, on any Business Day, Seller shall be required to transfer such cash no later than 5 4 p.m., New York City time, on the subsequent Business Day. All cash Cash transferred to Buyer pursuant to this Section 4(a) shall be deposited in the account set forth in Section 8(a9(a) hereof and shall be deemed to reduce the aggregate Purchase Price with respect to all outstanding Transactionshereof.

MARGIN AMOUNT MAINTENANCE. (a) If at any time the Margin Base is less than the aggregate Purchase Price for all outstanding Transactions (a "Margin Deficit"), then Buyer may by notice to Seller (as such notice is more particularly set forth below, a "Margin Deficit Notice") require Seller to transfer to Buyer or its designee (including Custodian) cash to be applied to reduce the Purchase Price with respect to all outstanding Transactions such so that the aggregate Asset Value of the Purchased Assets will thereupon equal or exceed the aggregate Purchase Price for all outstanding Transactions. If Buyer delivers a Margin Deficit Notice to Seller on or prior to 10 a.m., New York City time, on any Business Day, then Seller shall transfer such cash to Buyer no later than 5 p.m. New York City time, on such Business Day. In the event Buyer delivers a Margin Deficit Notice to Seller after 10 a.m., New York City time, on any Business Day, Seller shall be required to transfer such cash no later than 5 p.m., New York City time, on the subsequent Business Day. All cash transferred to Buyer pursuant to this Section 4(a) shall be deposited in the account set forth in Section 8(a) hereof and shall be deemed to reduce the aggregate Purchase Price with respect to all outstanding Transactions.

MARGIN AMOUNT MAINTENANCE. (a) If at any time the Margin Base is less than the aggregate Purchase Price for all outstanding Transactions (a "“Margin Deficit"”), then Buyer may by notice to Seller (as such notice is more particularly set forth below, a "“Margin Deficit Notice"”) require Seller to transfer to Buyer or its designee (including Custodian) cash or Eligible Assets (“Additional Purchased Assets”) (provided that the Buyer may, in its sole discretion, require Seller to be applied to reduce the Purchase Price with respect to all outstanding Transactions such deliver cash rather than additional Eligible Assets), so that the aggregate Asset Value of the Purchased Assets Assets, including any such Additional Purchased Assets, will thereupon equal or exceed the aggregate Purchase Price for all outstanding Transactions. If Buyer delivers a Margin Deficit Notice to Seller on or prior to 10 a.m., New York City time, on any Business Day, then Seller shall transfer such cash Additional Purchased Assets to Buyer no later than 5 p.m. New York City time, on such Business Day. In the event Buyer delivers a Margin Deficit Notice to Seller after 10 a.m., New York City time, on any Business Day, Seller shall be required to transfer such cash Additional Purchased Assets no later than 5 p.m., New York City time, on the subsequent Business Day. All cash transferred to Buyer pursuant to this Section 4(a) shall be deposited in the account set forth in Section 8(a) hereof and shall be deemed to reduce the aggregate Purchase Price with respect to all outstanding Transactions.

MARGIN AMOUNT MAINTENANCE. (a) If at any time the Margin Base is less than the aggregate Purchase Price for all outstanding Transactions (a "Margin DeficitMARGIN DEFICIT"), then Buyer may by notice to Seller (as such notice is more particularly set forth below, a "Margin Deficit NoticeMARGIN DEFICIT NOTICE") ), require Seller to transfer to Buyer or its designee (including Custodian) cash to be applied to reduce the Purchase Price with respect to all outstanding Transactions such or Eligible Assets ("ADDITIONAL PURCHASED ASSETS") so that the aggregate Asset Value of the Purchased Assets Assets, including any such Additional Purchased Assets, will thereupon equal or exceed the aggregate Purchase Price Prices for all outstanding Transactionssuch Purchased Assets. If Buyer delivers a Margin Deficit Notice to Seller on or prior to 10 a.m., 6 p.m. (New York City time, ) on any Business Day, then Seller shall transfer such cash Additional Purchased Assets to Buyer no later than 5 p.m. (New York City time, on such ) the following Business Day. In the event Buyer delivers a Margin Deficit Notice to Seller after 10 a.m., 6 p.m. (New York City time, ) on any Business Day, then such Margin Deficit Notice shall be deemed to have been delivered on the following Business Day and Seller shall be required to transfer such cash Additional Purchased Assets no later than 5 p.m., p.m. (New York City time, ) on the subsequent Business Day. All cash transferred to Buyer pursuant to this Section 4(a) shall be deposited in the account set forth in Section 8(a) hereof and shall be deemed to reduce the aggregate Purchase Price with respect to all outstanding Transactions.

MARGIN AMOUNT MAINTENANCE. (a) If at any time the Margin Base aggregate Asset Value of the related Purchased Assets subject to all Transactions is less than the aggregate Purchase Price for all outstanding such Transactions (a "Margin Deficit"), then Buyer may by notice to Seller (as such notice is more particularly set forth below, a "Margin Deficit Notice") ), require Seller to either (a) transfer to Buyer or its designee (including the Custodian) cash to be applied to reduce the Purchase Price with respect to all outstanding Transactions such Eligible Assets ("Additional Purchased Assets"), so that the aggregate Asset Value of the Purchased Assets Assets, including any such Additional Purchased Assets, will thereupon equal or exceed the aggregate Asset Value, or (b) remit to Buyer a payment (the "Margin Deficit Payment") (to be applied against the Purchase Price) in such amount as may be necessary to reduce the outstanding Purchase Price for all outstanding Transactionssuch that it is less than or equal to the Asset Value. If Buyer delivers a Margin Deficit Notice to Seller on or prior to 10 a.m., 5 p.m. (New York City time, ) on any Business Day, then Seller shall transfer such cash Additional Purchased Assets or remit the Margin Deficit Payment to Buyer no later than 5 p.m. (New York City time, on such ) the following Business Day. In the event the Buyer delivers a Margin Deficit Notice to Seller after 10 a.m., 5 p.m. (New York City time, ) on any Business Day, then such Margin Deficit Notice shall be deemed to have been delivered on the following Business Day and Seller shall be required to transfer such cash Additional Purchased Assets or remit the Margin Deficit Payment no later than 5 p.m., p.m. (New York City time, ) on the subsequent Business Day. All cash transferred to Buyer pursuant to this Section 4(a) shall be deposited in the account set forth in Section 8(a) hereof and shall be deemed to reduce the aggregate Purchase Price with respect to all outstanding Transactions.

MARGIN AMOUNT MAINTENANCE. (a) If at any time the Margin Base is less than the aggregate Purchase Price for all outstanding Transactions (a "“Margin Deficit"”), then the Buyer may by notice to the Seller (as such notice is more particularly set forth below, a "“Margin Deficit Notice"”) require the Seller to transfer to the Buyer or its designee (including the Custodian) cash to be applied to reduce the Purchase Price with respect to all outstanding Transactions such that the aggregate Asset Value of the Purchased Assets Margin Base will thereupon equal or exceed the aggregate Purchase Price for all outstanding Transactions. If the Buyer delivers a Margin Deficit Notice to the Seller on or prior to 10 a.m., 6 p.m. (New York City time, ) on any Business Day, then the Seller shall transfer such cash to the Buyer no later than 5 p.m. (New York City time, on such ) the following Business Day. In the event the Buyer delivers a Margin Deficit Notice to the Seller after 10 a.m., 6 p.m. (New York City time, ) on any Business Day, then such Margin Deficit Notice shall be deemed to have been delivered on the following Business Day and the Seller shall be required to transfer such cash no later than 5 p.m., p.m. (New York City time, ) on the subsequent Business Day. All cash transferred to the Buyer pursuant to this Section 4(a) shall be deposited in the account set forth in Section 8(a) hereof and shall be deemed to reduce the aggregate Purchase Price with respect to all outstanding Transactionshereof.