Marking to Market of Collateral during the currency of a Loan on a Loan by Loan. basis If paragraph 1.3 of the Schedule indicates this paragraph 5.5 shall apply in lieu of paragraph 5.4, the Posted Collateral in respect of any Loan shall bear from day to day and at any time the same proportion to the Market Value of Securities equivalent to the Loaned Securities as the Posted Collateral bore at the commencement of such Loan. Accordingly:
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Samples: Agreement, resources.easyequities.co.za, nbdb.ca
Marking to Market of Collateral during the currency of a Loan on a Loan by Loan. basis basis If paragraph 1.3 of the Schedule indicates this paragraph 5.5 shall apply in lieu of paragraph 5.4, the Posted Collateral in respect of any Loan shall bear from day to day and at any time the same proportion to the Market Value of Securities equivalent to the Loaned Securities as the Posted Collateral bore at the commencement of such Loan. Accordingly:
Appears in 1 contract
Samples: Master Securities Lending Agreement