Common use of Reporting of Margin Deficits Clause in Contracts

Reporting of Margin Deficits. Seller shall provide Agent with the notices required pursuant to Section 5.3(o) of the Framework Agreement and, to the extent any such notice relates to a Margin Deficit in excess of the threshold specified in Paragraph 4(e) of this Annex I, Buyer shall be automatically deemed to have delivered a concurrent notice to Seller exercising its rights under Paragraph 4(a) of the SIFMA Master, as amended by this Annex I, to require the elimination of such Margin Deficit.

Appears in 4 contracts

Samples: Letter Agreement (Dupont E I De Nemours & Co), Dupont E I De Nemours & Co, Dupont E I De Nemours & Co

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Reporting of Margin Deficits. Seller shall provide Agent with the notices required pursuant to Section 5.3(o) of the Framework Agreement and, to the extent any such notice relates to a Margin Deficit in excess of the threshold specified in Paragraph 4(e) of this Annex I, Buyer shall be automatically deemed to have delivered a concurrent notice to Seller exercising its rights under Paragraph 4(a) of the SIFMA Master, as amended by this Annex I, to require the elimination of such Margin Deficit. 5.

Appears in 1 contract

Samples: www.sec.gov

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Reporting of Margin Deficits. Seller shall provide Agent Buyer with the notices required pursuant to Section 5.3(o5.3(q) of the Framework Agreement and, to the extent upon delivery of any such notice relates to a Margin Deficit in excess of the threshold specified in Paragraph 4(e) of this Annex Inotice, Buyer shall be automatically deemed to have delivered a concurrent notice to Seller exercising its rights under Paragraph 4(a) of the SIFMA Master, as amended by this Annex I, to require the elimination of such Margin Deficit.

Appears in 1 contract

Samples: Repurchase Agreement (OUTFRONT Media Inc.)

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