One-off Collateral Requirements. From time to time PBL may, at its sole discretion, agree to a different Collateral Requirement than the Collateral Requirement determined by this Appendix for a particular Position; provided that, for the avoidance of doubt, the commitment in Section 6(a) of the Committed Facility Agreement shall apply only with respect to the Collateral Requirements based upon the Collateral Percentage determined pursuant to Sections 3 and 4 hereof and PBL shall have the right at any time to increase the Collateral Requirement for such Position up to the Collateral Requirement that would be required as determined in accordance to Sections 3 and 4 hereof.
Appears in 4 contracts
Samples: Committed Facility Agreement (First Trust Energy Income & Growth Fund), Committed Facility Agreement (First Trust Energy Income & Growth Fund), Committed Facility Agreement (First Trust New Opportunities MLP & Energy Fund)
One-off Collateral Requirements. From time to time PBL mayPBL, at in its sole discretion, may agree to a different Collateral Requirement than the Collateral Requirement determined by this Appendix for a particular Position; provided that, for the avoidance of doubt, the commitment in Section 6(a) of the Committed Facility Agreement shall apply only with respect to the Collateral Requirements based upon the Collateral Percentage determined pursuant to Sections 3 and 4 hereof and PBL shall have the right at any time to increase the Collateral Requirement for such Position up to the Collateral Requirement that would be required as determined in accordance to Sections 3 and 4 hereof.
Appears in 1 contract
Samples: Committed Facility Agreement (Pathway Energy Infrastructure Fund, Inc.)
