Examples of Aggregate Debit Items in a sentence
The Company will maintain at all times Net Capital of not less than 10% of Aggregate Debit Items as determined as of the close of each Business Day.
The Borrower will not permit the Net Capital of Xxxx Xxxxxxxx Incorporated at any time to be less than the greater of (i) $70,000,000, or (ii) seven percent (7%) of the Aggregate Debit Items of Xxxx Xxxxxxxx Incorporated.
The Parent shall cause the Subsidiary Borrower at all times after the date hereof to maintain a ratio of Net Capital to Aggregate Debit Items (as such terms are defined pursuant to SEC Rule 15c3-1 under the Exchange Act) of not less than 5.5%.
The Borrower will cause each of (a) RJA at all times on and after the Effective Date and (b) following consummation of the Acquisition, MK at all times on and after the Funding Date to maintain a ratio (computed in accordance with Exhibit A to Rule 15c3-3, “Formula for Determination of Reserve Requirements for Brokers and Dealers”) of Net Capital to Aggregate Debit Items of not less than 10.0%.
The Borrower will nox xxxxxx xxx Net Cxxxxxx xx Xxxxxra Clearing Services, Dain Bosworth or Rauscher Pierce Refsnes at any time to be less xxxx xxx xxxxowinx xxxxxxx: (x) with respect to Interra Clearing Services, the greater of (A) $50,000,000 or (B) six percent (6%) of the Aggregate Debit Items of Interra Clearing Services, (ii) with respect to Dain Bosworth, $10,000,000, (iii) with respect to Rauscher Piercx Xxxxxxx, $00,000,000.