Common use of Margin Posting Clause in Contracts

Margin Posting. In order to comply with the non-cleared swap transaction margin posting requirements under Xxxx Xxxxx, the Company may utilize one of the following options, in consultation with and in the sole discretion of the Administrative Agent: (i) the Company may fund the required hedge collateral account through additional advances or allocation of available cash pursuant to Section 2.12; (ii) through a capital contribution by Holdings to the Company or a deposit by Holdings to the required hedge collateral account; or (iii) in the event that neither the Company nor Holdings has already satisfied any required margin call, at the sole option of the Lenders, through a special advance to fund the required hedge collateral account to avoid a hedge termination event (which special advance, for the avoidance of doubt, shall be deemed to form a portion of the Obligations hereunder).

Margin Posting. In order to comply with the non-cleared swap transaction margin posting requirements under Xxxx Xxxxx, the Company may utilize one of the following options, in consultation with and in the sole discretion of the Administrative Agent: (i) the Company may fund the required hedge collateral account through additional advances or allocation of available cash pursuant to Section 2.12; (ii) through a capital contribution by Holdings to the Company or a deposit by Holdings or On Deck to the required hedge collateral account; or (iii) in the event that neither none of the Company nor Company, Holdings or On Deck has already satisfied any required margin call, at the sole option of the Lenders, through a special advance to fund the required hedge collateral account to avoid a hedge termination event (which special advance, for the avoidance of doubt, shall be deemed to form a portion of the Obligations hereunder).

Margin Posting. In order to comply with the non-cleared swap transaction margin posting requirements under Xxxx Dxxx Xxxxx, the Company may utilize one of the following options, in consultation with and in the sole discretion of the Administrative Agent: (i) the Company may fund the required hedge collateral account through additional advances or allocation of available cash pursuant to Section 2.12; (ii) through a capital contribution by Holdings to the Company or a deposit by Holdings to the required hedge collateral account; or (iii) in the event that neither none of the Company nor or Holdings has already satisfied any required margin call, at the sole option of the Lenders, through a special advance to fund the required hedge collateral account to avoid a hedge termination event (which special advance, for the avoidance of doubt, shall be deemed to form a portion of the Obligations hereunder).

Margin Posting. In order to comply with the non-cleared swap transaction margin posting requirements under Xxxx Xxxxx, the Company may utilize one of the following options, in consultation with and in the sole discretion of the Administrative Agent: (i) the Company may fund the required hedge collateral account through additional advances or allocation of available cash pursuant to Section 2.12; (ii) through a capital contribution by Holdings to the Company or a deposit by Holdings to the required hedge collateral account; or (iii) in the event that neither none of the Company nor or Holdings has already satisfied any required margin call, at the sole option of the Lenders, through a special advance to fund the required hedge collateral account to avoid a hedge termination event (which special advance, for the avoidance of doubt, shall be deemed to form a portion of the Obligations hereunder).

Margin Posting. In order to comply with the non-cleared swap transaction margin posting requirements under Xxxx Dxxx Xxxxx, the Company may utilize one of the following options, in consultation with and in the sole discretion of the Administrative Agent: (i) the Company may fund the required hedge collateral account through additional advances or allocation of available cash pursuant to Section 2.12; (ii) through a capital contribution by Holdings to the Company or a deposit by Holdings or On Deck to the required hedge collateral account; or (iii) in the event that neither none of the Company nor Company, Holdings or On Deck has already satisfied any required margin call, at the sole option of the Lenders, through a special advance to fund the required hedge collateral account to avoid a hedge termination event (which special advance, for the avoidance of doubt, shall be deemed to form a portion of the Obligations hereunder).