Common use of Margin Call Clause in Contracts

Margin Call. If at any time the Credit Limit, if a Line, or the outstanding balance, if a Loan, to collateral value ration exceeds 60% for a Line or Loan secured partially or completely by stock, or 65% for a Line or Loan secured only by bonds, the Bank may send the Borrower notice requesting additional collateral. The Bank may determine collateral value using any reasonable method. If the additional collateral is not received within the time given in the notice, the Borrower will be in default and the Bank may terminate the Line or Loan as provided in Section IX.

Margin Call. If at any time the Credit Limit, if a Line, or the outstanding balance, if a Loan, to collateral value ration ratio exceeds 60% for a Line or Loan secured partially or completely by stock, or 65% for a Line or Loan secured only by bonds, the Bank may send the Borrower notice requesting additional collateral. The Bank may determine collateral value using any reasonable method. If the additional collateral is not received within the time given in the notice, the Borrower will be in default and the Bank may terminate the Line or Loan as provided in Section IX.

Margin Call. If at any time the Credit Limit, if a Line, or the outstanding balance, if a Loan, credit limit to collateral value ration ratio exceeds 60% for a Line or Loan lines secured partially or completely by stock, or 65% for a Line or Loan lines secured only by bonds, the Bank we may send the Borrower you notice requesting additional collateral. The Bank may determine collateral value using any reasonable method. If the additional collateral is not received within the time given in the notice, the Borrower you will be in default and the Bank we may terminate the your Line or Loan of Credit as provided in Section IXbelow.

Margin Call. If at any time the Credit Limit, if a Line, or the outstanding balance, if a Loan, to collateral value ration ratio exceeds 60% for a Line or Loan secured partially or completely by stock, or 65% for a Line or Loan secured only by bonds, the Bank may send the Borrower notice requesting additional collateral. The Bank may determine collateral value using any reasonable method. If the additional collateral is not received within the time given in the notice, the Borrower will be in default and the Bank may terminate the Line or Loan as provided in Section IX.