Margin Methodology. The Margin Requirement shall be calculated by Pershing on each Business Day based on the methodology set forth in Appendix A (as modified from time to time pursuant to this Agreement, the "Margin Methodology"). Margin Methodology will apply only to the asset classes set forth in Appendix A. Margin requirements for positions of asset classes not set forth in Appendix A shall be determined by Pershing in its sole discretion.
Appears in 3 contracts
Samples: Credit Agreement for Margin Financing (RiverNorth Opportunistic Municipal Income Fund, Inc.), Credit Agreement for Margin Financing (RiverNorth Managed Duration Municipal Income Fund, Inc.), Credit Agreement for Margin Financing (RiverNorth Flexible Municipal Income Fund, Inc.)
Margin Methodology. The In the absence of an Event of Default or a Term Cessation Event, the Margin Requirement shall be calculated by Pershing on each Business Day based on the methodology set forth in Appendix A (as modified from time to time pursuant to this Agreement, the "“Margin Methodology"”). Margin Methodology will apply only to the asset classes set forth in Appendix A. Margin requirements for positions of asset classes not set forth in Appendix A shall be determined by Pershing in its sole discretion.
Appears in 1 contract
Samples: Credit Agreement (Rivernorth Opportunities Fund, Inc.)
Margin Methodology. The Margin Requirement shall be calculated by Pershing on each Business Day based on the methodology set forth in Appendix A (as modified from time to time pursuant to this Agreement, the "“Margin Methodology"”). Margin Methodology will apply only to the asset classes set forth in Appendix A. Margin requirements for positions of asset classes not set forth in Appendix A shall be determined by Pershing in its sole discretion.
Appears in 1 contract
Samples: Credit Agreement for Margin Financing (Rivernorth Opportunities Fund, Inc.)
