Common use of Posting Margin and Return of Surplus Margin Clause in Contracts

Posting Margin and Return of Surplus Margin. (i) If at any time during the Term, the Total Exposure Amount exceeds the BGS- FP Supplier’s Credit Limit, then the Companies, on any Business Day, may request that BGS- FP Supplier provide Margin in the form of cash or a Letter of Credit (a “Margin Call”). The Margin requirement will be rounded up to the nearest $100,000.

Appears in 3 contracts

Samples: Forward Contract, Forward Contract, Supplier Forward Contract

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Posting Margin and Return of Surplus Margin. (i) If at any time during the Term, the Total Exposure Amount exceeds the BGS- BGS-FP Supplier’s Credit Limit, then each of the Companies, on any Business Day, may request that BGS- the BGS-FP Supplier provide Margin in the form of cash or a Letter of Credit (a “Margin Call”). The Margin requirement will be rounded up to the nearest $100,000.

Appears in 2 contracts

Samples: Guaranty (Dynegy Inc /Il/), Forward Contract (Dynegy Inc /Il/)

Posting Margin and Return of Surplus Margin. (i) 6.1.a.If at any time during the Term, the Total Exposure Amount exceeds the BGS- BGS-FP Supplier’s Credit Limit, then the Companies, on any Business Day, may request that BGS- BGS-FP Supplier provide Margin in the form of cash or a Letter of Credit Credit, in an amount equal to the Margin Requirement (a “Margin Call”). The Margin requirement Requirementrequirement will be rounded up to the nearest $100,000.

Appears in 1 contract

Samples: Supplier Forward Contract

Posting Margin and Return of Surplus Margin. (i) If at any time during the Term, the Total Exposure Amount exceeds the BGS- FP Supplier’s Credit Limit, then each of the Companies, on any Business Day, may request that BGS- the BGS-FP Supplier provide Margin in the form of cash or a Letter of Credit (a “Margin Call”). The Margin requirement will be rounded up to the nearest $100,000.

Appears in 1 contract

Samples: Forward Contract

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Posting Margin and Return of Surplus Margin. (i) If at any time during the Term, the Total Exposure Amount exceeds the BGS- FP BGS-LRTP Supplier’s Credit Limit, then each of the Companies, on any Business Day, may request that BGS- FP the BGS-LRTP Supplier provide Margin in the form of cash or a Letter of Credit (a “Margin Call”). The Margin requirement will be rounded up to the nearest $100,000.

Appears in 1 contract

Samples: Forward Contract

Posting Margin and Return of Surplus Margin. (i) If at any time during the Term, the Total Exposure Amount exceeds the BGS- FP LFP Supplier’s Credit Limit, then each of the Companies, on any Business Day, may request that BGS- FP the BGS-LFP Supplier provide Margin in the form of cash or a Letter of Credit (a “Margin Call”). The Margin requirement will be rounded up to the nearest $100,000.

Appears in 1 contract

Samples: Forward Contract

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