Release of Excess Margin. XX Xxxxxx shall comply with your written request to release Margin to you or to a third party, to the extent that after giving effect to such release, (i) you are in compliance with all of your Activities and agreements with XX Xxxxxx and (ii) after such release, all of your Activities and Obligations will be collateralized in an amount not less than the amount required by Applicable Laws any applicable Governing Agreement and this Agreement. Margin available for release shall be reduced by the amount of any outstanding margin calls under any Activity.
Appears in 11 contracts
Samples: Institutional Account Agreement, Institutional Account Agreement (Morgan Stanley Smith Barney Spectrum Technical Lp), Institutional Account Agreement (Orion Futures Fund Lp)
Release of Excess Margin. XX Xxxxxx shall comply with your written request to release Margin to you or to a third party, to the extent that after giving effect to such release, (i) you are in compliance with all of your Activities and agreements with XX Xxxxxx and (ii) after such release, all of your Activities and Obligations will be collateralized in an amount not less than the amount required by Applicable Laws any applicable Governing Agreement and this Agreement. Agreement Margin available for release shall be reduced by the amount of any outstanding margin calls under any Activity.
Appears in 1 contract
Samples: Institutional Account Agreement (Global Indemnity PLC)
