Common use of Margin Maintenance Clause in Contracts

Margin Maintenance. (a) If at any time the aggregate Market Value of all Purchased Securities then owned by Buyer is less than 103% of the aggregate Repurchase Price for such Purchased Securities, then Seller shall transfer to Buyer additional Securities ("Additional Purchased Securities"), so that the aggregate Market Value of such Purchased Securities, including any such Additional Purchased Securities, will thereupon equal or exceed 103% of such aggregate Repurchase Price.

Appears in 13 contracts

Samples: Master Repurchase Agreement (Thermo Fibergen Inc), Master Repurchase Agreement (Thermolase Corp), Master Repurchase Agreement (Thermo Optek Corp)

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Margin Maintenance. (a) If at any time the aggregate Market Value of all Purchased Securities then owned by Buyer is less than 103% of the 2PAGE aggregate Repurchase Price for such Purchased Securities, then Seller shall transfer to Buyer additional Securities ("Additional Purchased Securities"), so that the aggregate Market Value of such Purchased Securities, including any such Additional Purchased Securities, will thereupon equal or exceed 103% of such aggregate Repurchase Price.

Appears in 8 contracts

Samples: Master Repurchase Agreement (Randers Group Inc), Master Repurchase Agreement (Thermo Cardiosystems Inc), Master Repurchase Agreement (Thermo Voltek Corp)

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Margin Maintenance. (a) If at any time the aggregate Market Value of all Purchased Securities then owned by Buyer is less than 103% of the aggregate Repurchase Price for such Purchased Securities, then Seller shall transfer to Buyer additional Securities ("Additional Purchased Securities"), so that the aggregate Market Value of such Purchased Securities, including any such Additional PAGE Purchased Securities, will thereupon equal or exceed 103% of such aggregate Repurchase Price.

Appears in 1 contract

Samples: Master Repurchase Agreement (Thermoquest Corp \De\)

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