Mxxx to Market Sample Clauses

Mxxx to Market. (a) During any Pledge Period, if, at the close of trading on any Business Day during the Loan Availability Period, the aggregate Market Value of all Collateral shall be less than the Collateral Percentage of the Market Value of all the outstanding Loaned Shares (a “Collateral Deficit”), Lender may, by notice to Borrower and the Collateral Agent, demand that Borrower transfer to the Collateral Agent, for credit to the Collateral Account, no later than on the third Business Day, additional Collateral so that the Market Value of such additional Collateral, when added to the Market Value of all other Collateral, shall equal or exceed the Collateral Percentage of the Market Value of the Loaned Shares on such Business Day of determination. (b) During any Pledge Period, if, at the close of trading on any Business Day during the Loan Availability Period, the aggregate Market Value of all Collateral shall be greater than the Collateral Percentage of the Market Value of all the outstanding Loaned Shares (a “Collateral Excess”), Borrower may, by notice to Lender and the Collateral Agent, demand that the Collateral Agent transfer to Borrower, no later than the following Business Day, such amount of the Collateral selected by Borrower so that the Market Value of the Collateral, after deduction of such amounts, shall thereupon be at least equal to the Collateral Percentage of the Market Value of the Loaned Shares on such Business Day of determination; provided, however, that with respect to clauses (a) and (b), the Collateral Agent will promptly give Lender a statement setting forth the Market Value of all Collateral upon Lender’s request and Lender shall have the right to audit the Market Value of all Collateral. (c) Notwithstanding the foregoing, with respect to any outstanding Loans secured by Collateral, the respective rights of Lender and Borrower under Section 4(a) and Section 4(b) may be exercised only where a Collateral Excess or Collateral Deficit exceeds 2% of the Market Value of the Loaned Shares.
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Mxxx to Market. The Bank shall on a daily basis (a) Mxxx to Market Loaned Securities and Collateral. If the Market Value of the Collateral at the close of trading on a Business Day is less than the Margin Percentage of the Market Value of the Loaned Securities at the close of trading on that day, the Borrower shall deliver, by the close of business on the following Business Day, an additional amount of Collateral the Market Value of which, together with the Market Value of all previously delivered collateral, equals at least the Margin Percentage of the Market Value of the Loaned Securities as of such preceding day. In the event that the Market Value of the Collateral exceeds the Margin Percentage of the Market Value of the Loaned Securities, part of the Collateral may be returned to the Borrower as long as the Market Value of the remaining Collateral equals at least the Margin Percentage of the Market Value of the Loaned Securities.
Mxxx to Market. U.S. Bank shall on a daily basis (a) Mxxx to Market Loaned Securities and Collateral, and (b) demand additional Collateral from the Borrower or, on demand, instruct U.S. Bank to release excess Collateral to the Borrower, whenever either action is required pursuant to the securities loan agreement with the Borrower. U.S. Bank shall require that the Borrower provide Collateral for Loaned Securities equal to at least 100% of the Market Value of the Loaned Securities and any accrued interest thereon as of the close of business on each preceding business day.
Mxxx to Market. IFF makes no warranties regarding their ability to mxxx to market certain Collateral presented by the Client or Collateral proposed for substitution for other Collateral, which has previously been delivered by the Client to IFF. As such IFF represents that there are times when certain markets are illiquid or instances where there are no regional, global, or domestic exchanges, which post a nominal "fixing" price for specific, Collateral posted by the Client. As such and during any such instances of government intervention i.e. "suspended market trading" IFF can and will rely upon its own independent information which it in "good faith" believes to be accurate with regard to the fluctuation in the daily fair market value of the Collateral. Client will in certain instances be required to post additional Collateral or enter into arrangements with IFF to hedge such exposures.
Mxxx to Market. (a) If at the close of trading on any Business Day the aggregate Market Value of all Collateral shall be less than the Collateral Requirement (a “Collateral Deficit”), Issuer may, by notice to Dealer and Collateral Agent, demand that Dealer transfer to Collateral Agent, for deposit to the Collateral Account, no later than the following Business Day, additional Collateral so that the Market Value of such additional Collateral, when added to the Market Value of all other Collateral, shall equal or exceed the Collateral Requirement on such Business Day of determination. (b) If at the close of trading on any Business Day the aggregate Market Value of all Collateral shall be greater than the Collateral Requirement (a “Collateral Excess”), Dealer may, by notice to Issuer and Collateral Agent, demand that Collateral Agent transfer to Dealer such amount of the Collateral selected by Dealer so that the Market Value of the Collateral, after deduction of such amounts, shall thereupon be at least equal to the Collateral Requirement on such Business Day of determination. (c) Notwithstanding the foregoing, the respective rights of Issuer and Dealer under Section 4(a) and Section 4(b) may be exercised only where a Collateral Excess or Collateral Deficit exceeds 2% of the Outstanding Market Value of the Issued Shares.
Mxxx to Market. 9.1 CF shall daily mxxx to market any Loan hereunder. If at any time the aggregate Market Value of all Collateral, including any interest paid on Collateral in the Custody Account, for Loans by Lender shall be less than the Market Value of all the outstanding Loaned Securities subject to such Loans (a "Margin Deficit"), CF shall transfer additional Collateral to the Custody Account no later than the Close of Business on the next Business Day so that the Market Value of such additional Collateral, when added to the Market Value of the other Collateral for such Loan, shall equal or exceed the Market Value of the Loaned Securities. 9.2 Subject to CF's obligations under Section 9.1, if at any time the Market Value of all Collateral, including any interest paid on Collateral in the Custody Account, for Loans to CF shall be greater than the Market Value of all the outstanding Loaned Securities subject to such Loans (a "Margin Excess"), Lender shall transfer to CF from the Custody Account such amount of the Collateral selected by CF no later than the Close of Business on the next Business Day so that the Market Value of the Collateral for such Loans, after deduction of such amounts, shall thereupon not exceed the Market Value of the Loaned Securities.

Related to Mxxx to Market

  • Market Orders are executed immediately at the best available price in the system.

  • No Market Manipulation The Company and its Affiliates have not taken, and will not take, directly or indirectly, any action designed to, or that might reasonably be expected to, cause or result in stabilization or manipulation of the price of the Common Stock to facilitate the sale or resale of the Securities or affect the price at which the Securities may be issued or resold.

  • Instructions; Contrary to Law/Market Practice Bank need not act upon Instructions which it reasonably believes to be contrary to law, regulation or market practice but shall be under no duty to investigate whether any Instructions comply with Applicable Law or market practice. Bank shall notify Customer as soon as reasonably practicable if it does not act upon Instructions under this Section.

  • Statistical, Demographic or Market-Related Data All statistical, demographic or market-related data included in the Registration Statement, the Disclosure Package or the Prospectus are based on or derived from sources that the Company believes to be reliable and accurate and all such data included in the Registration Statement, the Disclosure Package or the Prospectus accurately reflects the materials upon which it is based or from which it was derived.

  • Disturbance Analysis Data Exchange The Parties will cooperate with one another and the NYISO in the analysis of disturbances to either the Large Generating Facility or the New York State Transmission System by gathering and providing access to any information relating to any disturbance, including information from disturbance recording equipment, protective relay targets, breaker operations and sequence of events records, and any disturbance information required by Good Utility Practice.

  • Shares Listed on Trading Market The Shares shall have been listed and admitted and authorized for trading on the Trading Market, and satisfactory evidence of such actions shall have been provided to the Manager.

  • Other Methods of Procurement of Goods and Works. The following table specifies the methods of procurement, other than International Competitive Bidding, which may be used for goods and works. The Procurement Plan shall specify the circumstances under which such methods may be used: (a) National Competitive Bidding (b) Shopping (c) Direct Contracting

  • Xxxxxxx Xxxxxxx/Market Abuse Laws You acknowledge that, depending on your country or broker’s country, or the country in which Common Stock is listed, you may be subject to xxxxxxx xxxxxxx restrictions and/or market abuse laws in applicable jurisdictions, which may affect your ability to accept, acquire, sell or attempt to sell, or otherwise dispose of the shares of Common Stock, rights to shares of Common Stock (e.g., RSUs) or rights linked to the value of Common Stock, during such times as you are considered to have “inside information” regarding the Company (as defined by the laws or regulations in applicable jurisdictions, including the United States and your country). Local xxxxxxx xxxxxxx laws and regulations may prohibit the cancellation or amendment of orders you placed before possessing inside information. Furthermore, you may be prohibited from (i) disclosing insider information to any third party, including fellow employees and (ii) “tipping” third parties or causing them to otherwise buy or sell securities. Any restrictions under these laws or regulations are separate from and in addition to any restrictions that may be imposed under any applicable Company xxxxxxx xxxxxxx policy. You acknowledge that it is your responsibility to comply with any applicable restrictions, and you should speak to your personal advisor on this matter.

  • Statistical or Market-Related Data Any statistical, industry-related and market-related data included or incorporated by reference in the Time of Sale Disclosure Package, are based on or derived from sources that the Company reasonably and in good faith believes to be reliable and accurate, and such data agree with the sources from which they are derived.

  • Open Market Purchases Failure of the Contractor to Perform within the time specified in the Contract, or failure to replace rejected or substandard Goods or fulfill unperformed Services when so requested and as the Contract provides or allows, constitutes a breach of the Contract and as a remedy for such breach, such failure shall constitute authority for DAS, if it deems it to be necessary or appropriate in its sole discretion, to Terminate the Contract and/or to purchase on the open market, Goods or Services to replace those which have been rejected, not delivered, or not Performed. The Client Agency shall invoice the Contractor for all such purchases to the extent that they exceed the costs and expenses in Exhibit B and the Contractor shall pay the Client Agency’s invoice immediately after receiving the invoice. If DAS does not Terminate the Contract, the Client Agency will deduct such open market purchases from the Contract quantities. However, if the Client Agency deems it to be in the best interest of the State, the Client Agency may accept and use the Goods or Services delivered which are substandard in quality, subject to an adjustment in price to be determined by the Client Agency.

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