Margin and Collateral Sample Clauses

The Margin and Collateral clause establishes the requirements for parties to provide financial security, such as cash or other assets, to support their obligations under an agreement. It typically outlines the types of acceptable collateral, the process for calculating margin requirements, and the procedures for transferring or returning collateral as market values fluctuate. This clause serves to mitigate credit risk by ensuring that each party maintains sufficient resources to cover potential losses, thereby protecting both parties from default.
Margin and Collateral. 44.1 Margin is the amount of cash which you are required to deposit with us in order to enter into Transactions/Contracts. Before you place a Transaction and/or Contract which creates an open position you must ensure that the Margin in your account is sufficient to cover the Margin Requirement in respect of that open position. If your Margin is less than the Margin Requirement for the open position you wish to create, we may reject your such Transaction and/or Contract. The Margin Requirement must be maintained at all times until the open position is closed and may increase or decrease at any time until the open position is closed.
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Margin and Collateral. 8.1 As a condition of entering into a margined transaction, we may in our sole and absolute discretion require the deposit of funds or other collateral acceptable to us as security for payment of any losses incurred by you in respect of the transaction ("Initial Margin"). Initial Margin is due and payable immediately as a condition to opening the relevant margined transaction and we may decline to open any margined transaction if you do not ▇▇▇▇▇▇▇@▇▇-▇▇▇▇.▇▇▇ have sufficient available funds in your account to satisfy the Initial Margin required for that transaction at the time the relevant order is placed. 8.2 To open position Margin Level on your account must be no less than 100%. Be aware that losses from other open positions will decrease your Margin Level but profit from other open positions will not increase your Margin Level. 8.3 Margin requirements may be set and varied without prior notice from time to time at our sole and absolute discretion including without limitation subsequent variation of any margin rates set at the time that a margined transaction is opened ("Variation Margin" together with Initial Margin, collectively, "Margin"). 8.4 Margin shall be provided by or on behalf of you in funds or collateral acceptable to us as determined by us in our sole and absolute discretion. You must inform us immediately if you cannot, or believe you will not be able to, meet a Margin payment when due. You must maintain in your account, at all times, sufficient funds to meet all Margin requirements. We are not obliged to make Margin call warnings of you at all or within any specific time period. In addition we shall be entitled to treat any assets deposited with us by you from time to time (other than assets deposited for safe custody only) as collateral (legal transfer of title to assets) against your Margin requirements. In all cases we shall be entitled in our sole and absolute discretion to determine the value of any collateral deposited with us. 8.5 We may require payment of Margin by you via immediate electronic funds transfer or any other method acceptable to us. Only funds received net of any bank charges, which relate to the transfer, will be credited as paid. All payments must be done on our bank account. You must be the owner of all of the funds you deposit with the Company. It is accepted that ownership to the funds you deposit with the Company belongs to your shareholders. Upon payment you transfer ownership of all of the funds you deposit w...
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Margin and Collateral. In the event that the Investment Manager invests Fund assets in investments requiring the posting of margin or collateral to be held by the Custodian in a segregated account for the benefit of the investment counterparty, the Custodian at the direction of the Fund or the Investment Manager shall enter into such safekeeping or other documentation as may be required to effectuate such investments and shall administer the collateral in accordance with such documentation.
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Margin and Collateral. 51.1 ▇▇▇▇▇▇ is the amount of money you have to deposit with us to enter into Transactions / Contracts. You must ensure that the margin in your account is sufficient to cover the margin requirement in respect of that open position before you enter a Transaction and/or Contract that creates an open position. If your margin is less than the margin requirement you want to create for the open position, we may reject your transaction and/or contract of this kind. The Margin Requirement must be maintained until the open position is closed at all times and may increase or decrease until the open position is closed at any time.
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Margin and Collateral. MARGINING ARRANGEMENTS
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Margin and Collateral. 5.1 The Client agrees to maintain such collateral and/or margin as EAFT may from time to time at its discretion require and such amounts determined by EAFT to be payable by the Client or by EAFT on the Client’s behalf in respect of the Variation Adjustment. The Client also agrees to pay immediately on demand any amount owing with respect to any of the Client’s accounts. Against a position in any Commodities prior to the maturity thereof the Client will give EAFT instructions to cover or furnish EAFT with all necessary delivery documents and/or settlement instructions and in default thereof EAFT may without demand or notice cover the liability in the manner deemed most appropriate by EAFT or if an order to buy in such contracts cannot be executed under prevailing conditions EAFT may take any other action EAFT shall deem appropriate. The Client understands that the Client will be responsible for all the expenses of EAFT in connection with the above and that EAFT will not be liable for any loss that may thereby be incurred. 5.2 The proper initial and maintenance Margins will be determined by EAFT in its sole and full discretion and such amounts determined by EAFT to be payable by the Client or by EAFT on the Client’s behalf in respect of Variation Adjustments will be maintained by the Client in any and/or all accounts the Client may at any time carry with EAFT. If EAFT determines that additional Margin, Variation Adjustments are required, the Client agrees to deposit forthwith with EAFT such additional Margin, Variation Adjustments upon demand provided however notwithstanding any demand for additional Margin, Variation Adjustments EAFT may at any time proceed in accordance with Clause 5.1 above. Failure by the Client to meet Margin calls, demands for Variation Adjustments made by EAFT may result in EAFT closing out the Client’s open positions in respect of which calls are not met. EAFT is obligated to report to the Exchange and the Commission particulars of all open positions in respect of which two successive Margin calls, demand for Variation Adjustments are not met within the period specified by EAFT. EAFT may change Margin requirements in its sole discretion at any time. No previous Margin call, demand for Variation Adjustments shall establish any precedent and these requirements once established may apply to existing positions as well as to the new positions in the contracts affected by such changes. The Margin, Variation Adjustments required by EAFT may...
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Margin and Collateral. 12.1 Subject always to Applicable Law, where we receive client assets (including money) as collateral, margin or on the basis of any other security arrangement for the purposes of securing present or future actual or contingent or prospective obligations in connection with transactions such that the arrangements confer upon us a right to use any such client assets as our own, we will exercise such rights immediately upon receipt of such client assets, notwithstanding our regulatory responsibilities to record and meet our future liabilities to repay such collateral or margin under the terms of the arrangements and the transactions. Accordingly, such assets will not be treated as Custody Assets or Client Money whilst under our control from the time that we receive them from you to the time that we return equivalent assets to you. 12.2 You agree to pay us on demand such sums by way of margin as are required from time to time under the rules of any relevant Market or clearing house or as we may in our discretion reasonably require for the purpose of protecting ourselves against loss or risk of loss on present, future or contemplated transactions under these Terms. 12.3 Margin shall be provided by or on behalf of you in cash or collateral acceptable to us as determined by us at our absolute discretion. 12.4 We reserve the right to vary the amount of margin required at our sole discretion. 12.5 If an Event of Default occurs under clause [17], we may exercise the power to sell all or any part of the margin.
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Related to Margin and Collateral

  • Possessory Collateral Immediately upon Borrower's receipt of any portion of the Collateral evidenced by an agreement, Instrument or Document, including, without limitation, any Tangible Chattel Paper and any Investment Property consisting of certificated securities, Borrower shall deliver the original thereof to Lender together with an appropriate endorsement or other specific evidence of assignment thereof to Lender (in form and substance acceptable to Lender). If an endorsement or assignment of any such items shall not be made for any reason, Lender is hereby irrevocably authorized, as Borrower's attorney and agent-in-fact, to endorse or assign the same on Borrower's behalf.

  • Security Interest in Collateral The provisions of this Agreement and the other Loan Documents create legal and valid Liens on all of the Collateral in favor of the Administrative Agent, for the benefit of the Secured Parties, and such Liens constitute perfected and continuing Liens on the Collateral, securing the Secured Obligations, enforceable against the applicable Loan Party and all third parties, and having priority over all other Liens on the Collateral except in the case of (a) Permitted Encumbrances, to the extent any such Permitted Encumbrances would have priority over the Liens in favor of the Administrative Agent pursuant to any applicable law or agreement and (b) Liens perfected only by possession (including possession of any certificate of title) to the extent the Administrative Agent has not obtained or does not maintain possession of such Collateral.

  • Collateral Each of the Banks represents to the Agent and each of the other Banks that it in good faith is not relying upon any "margin stock" (as defined in Regulation U) as collateral in the extension or maintenance of the credit provided for in this Agreement.

  • Security Interest and Collateral To secure the payment and performance of the Obligations, Borrower hereby grants Lender a security interest (herein called the "Security Interest") in the following Collateral, whether now owned or hereafter acquired by Borrower and wherever located, and all products and proceeds thereof: (a) Crops, whether annual or perennial, whether grown, growing or to be grown, and whether harvested or unharvested, the products and proceeds thereof and stored grain (including all of the foregoing designated as inventory) and any negotiable or nonnegotiable documents, scale tickets and the like resulting from the storage thereof; also seed, fertilizer, chemicals, and other supplies used or produced by Borrower in farming operations; also accounts, contract rights (including proceeds from insurance policies covering the other Collateral), instruments, documents and general intangibles, whether now owned or hereafter acquired and wherever located; hedging and commodity accounts or agreements, now or hereafter or in effect, together with all rights in and to such accounts or agreements and all payments due or to become due thereunder. (b) Livestock (including livestock in gestation) and their young, products and proceeds and progeny thereof and produce thereof, including all livestock designated as inventory; also feed, medicines and other supplies used or produced by Borrower in farming operations; also accounts, contract rights (including proceeds from insurance policies covering the other Collateral), instruments, documents and general intangibles, whether now owned or hereafter acquired and wherever located; hedging and commodity accounts or agreements, now or hereafter or in effect, together with all rights in and to such accounts or agreements and all payments due or to become due thereunder. (c) All of Borrower’s equipment and machinery, and all accessions and attachments thereto and replacements and substitutions therefore (the Equipment). Borrower shall not remove any of the Collateral from locations disclosed in this Agreement, nor sell, convey or encumber said Collateral, provided, however, that Borrower may sell said Collateral or any part thereof if, and only if: (i) the proceeds of such sale are made payable jointly to Lender and Borrower if requested by ▇▇▇▇▇▇, it being specifically understood and agreed that all Obligations secured by the Collateral to the extent of the sale price shall be due and payable at the time of such sale; and (ii) Borrower sells the Collateral only to buyers listed on the Credit Application if required pursuant to the terms of Subsection 2(c) below.

  • The Collateral (a) The payment of the principal of and interest, and premium, if any, on the Notes when and as the same shall be due and payable, whether on an interest payment date, at maturity, by acceleration, repurchase, redemption or otherwise and whether by the Issuer pursuant to the Notes or by any Secured Guarantor pursuant to its Guarantee and the payment of all other First Lien Obligations of the Issuer and the Guarantors under this Indenture, the Notes, the Guarantees and the Collateral Documents relating to the Notes are secured by First Liens on the Collateral, subject to Permitted Liens, as provided in the Collateral Documents relating to the Notes which the Issuer and the Guarantors have entered into simultaneously with the execution of this Indenture, or in certain circumstances, subsequent to the Issue Date or the Merger Date, and will be secured as provided in the Collateral Document relating to the Notes hereafter delivered as required or permitted by this Indenture. (b) Each Holder of Notes, by its acceptance of the Notes and the Guarantees of the Notes, will be deemed to have consented and agreed to the terms of each Collateral Document relating to the Notes, as originally in effect and as amended, supplemented or replaced from time to time in accordance with its terms or the terms of this Indenture, to have authorized and directed the Trustee and the Collateral Agent, as applicable, to enter into the Collateral Documents relating to the Notes to which it is a party, and to have authorized and empowered the Trustee and the Collateral Agent, as applicable, and (through the Intercreditor Agreement) the Directing Agent to bind the Holders of Notes and other holders of First Lien Obligations as set forth in the Collateral Documents to which they are a party and to perform its respective obligations and exercise its respective rights and powers thereunder. Notwithstanding the foregoing, no such consent or deemed consent shall be deemed or construed to represent an amendment or waiver, in whole or in part, of any provision of this Indenture or the Notes. The foregoing will not limit the right of the Issuer to amend, waive or otherwise modify the Collateral Documents relating to the Notes in accordance with their terms. (c) The Trustee and each Holder, by accepting the Notes and the Guarantees of the Notes, acknowledges that, as more fully set forth in the Collateral Documents relating to the Notes, the Collateral as now or hereafter constituted shall be held by the Collateral Agent for the benefit of all the Holders, the Collateral Agent and the Trustee, and that the Lien granted by the Collateral Documents relating to the Notes in respect of the Trustee and the Holders is subject to and qualified and limited in all respects by the Collateral Documents relating to the Notes and actions that may be taken thereunder. In the event of conflict between the Intercreditor Agreement, any of the other Collateral Documents and this Indenture, the Intercreditor Agreement shall control.