Withdrawal of Collateral. Upon receipt by the Bank of writings in the form specified by the Bank constituting (a) a request from the Member for the withdrawal of Collateral which has been specified or identified pursuant to Section 3.03 hereof or has been delivered pursuant to Section 3.04 hereof, or as to which the Bank has otherwise perfected its security interest; (b) a detailed listing of the Collateral to be withdrawn; and (c) a certificate of a responsible officer of the Member certifying as to the Qualifying Collateral, remaining after such withdrawal, that is specified and identified by the Member or held by the Bank, as appropriate, and upon the Bank’s determination that the Lendable Collateral Value of the remaining Qualifying Collateral is not less than the current required Collateral Maintenance Level, the Bank shall promptly redeliver, release, or reassign to the Member, at the Member’s expense, the Collateral specified in the Member’s listing of the Collateral to be withdrawn. Notwithstanding anything to the contrary herein contained, while an Event of Default shall have occurred and be continuing, or at any time that the Bank reasonably and in good fxxxx xxxxx itself insecure, the Member may not obtain any such withdrawal.
Withdrawal of Collateral. Except as provided in Section 4.02, none of the Pledged Property shall be subject to withdrawal unless and until all Outstanding Securities have been paid in full or provision for such payment has been made in accordance with the terms of this Indenture and the Trustee shall have received the documents and opinions required by Section 4.02 or Article Twelve.
Withdrawal of Collateral. Only upon written authorization from the IBFD, shall the Bank be permitted to withdraw Collateral and/or other assets, property or monies held in the Account and only so long as the Market Value of Collateral delivered and credited to or otherwise held in the Account following the proposed withdrawal equals or exceeds the Collateral Requirement on the day of withdrawal. Only so much Collateral may be withdrawn as will not reduce the aggregate Market Value of the Collateral on the day of withdrawal to less than the Collateral Requirement on such day.
Withdrawal of Collateral. Provided no Default shall exist prior to or after giving effect thereto, the Debtor may withdraw all or any portion of the Collateral from time to time if, simultaneously therewith and after giving effect to any contemporaneous borrowings, repayments, and substitutions of Collateral the outstanding balance of the Obligations is secured by Securities of a type acceptable to the Bank having a collateral value determined by the Bank in its sole discretion to be satisfactory to it. No withdrawal or substitution of Collateral shall be effective until the Bank shall have consented to such withdrawal or substitution. Notwithstanding the foregoing, the Bank shall not be obligated to release any collateral in violation of the release and substitution rules of Regulation U.
Withdrawal of Collateral. Borrower shall not be permitted to withdraw any Collateral from the Collateral Account except that Borrower shall be permitted to withdraw Collateral, from the Collateral Account on any Exchange Business Day if all of the following conditions are met:
(i) Borrower delivers an executed Withdrawal Certificate by a Responsible Officer to Lender on or before 9:00 a.m (New York City time) on the Exchange Business Day of the requested date of the withdrawal;
(ii) No Default or Event of Default has occurred or would occur after giving effect to the Withdrawal;
(iii) All representation and warranties in the Facility Documents are true and correct in all material respects as of the date of the requested withdrawal as if made on such date, except to the extent such representations and warranties relate to an earlier date in which case such representations and warranties shall be true and correct in all material respects as of such earlier date; and
(iv) Immediately after giving effect to such withdrawal, the LTV Ratio is less than or equal to the Initial Maximum LTV Ratio; provided that for purposes hereof, in calculating the LTV Ratio, the Value of each SINA Share shall not exceed the Market Price as of the date of determination.
Withdrawal of Collateral. In accordance with the terms of the Custodial Agreement, we request the following securities be released from Eligible Collateral: Delivery instructions:
Withdrawal of Collateral. In accordance with the terms of the Pledge Agreement, we request the following be released from Collateral: Issue and Coupon CUSIP# Maturity Date Original Par Value Current Price (& factor if pool) Delivery instructions:
Withdrawal of Collateral. In accordance with the terms of the Pledge Agreement, we request the following be released from Eligible Collateral: Delivery instructions:
Withdrawal of Collateral. In accordance with the terms of the Custodial Agreement, we request the following securities be released from Collateral: Issue and Coupon CUSIP# Maturity Date Original Par Value Market Value (& factor if pool) Delivery instructions:
Withdrawal of Collateral. Prior to the Designated Sale Date. ---------------------------------------------------------- Extreme may require Agent to present Certificates of Deposit for payment and withdraw Cash Collateral from Accounts on any date prior to the Designated Sale Date and to deliver such Cash Collateral to Extreme (which delivery shall be free and clear of all liens and security interests hereunder); provided, however, that in each case:
6.1.1 Such withdrawal and delivery of the Cash Collateral to Extreme will not cause the Value of the remaining Collateral to be less than the Minimum Collateral Value.
6.1.2 by a notice in the form of ATTACHMENT 6, Extreme must give ------------ Agent, BNPLC and the Participants notice of the required withdrawal at least ten days prior to the date upon which the withdrawal is to occur.
6.1.3 No Default or Event of Default shall have occurred and be continuing at the time Extreme gives the notice required by the preceding subsection or on the date upon which the withdrawal is required.
6.1.4 Extreme must pay to Agent any and all costs incurred by Agent in connection with the withdrawal.
6.1.5 Agent shall determine the Accounts from which to make any withdrawal required by Extreme pursuant to this Section as necessary to prevent or mitigate any Collateral Imbalance.
