Examples of Collar Amount in a sentence
If the Net Adjustment Amount is positive and exceeds the Collar Amount, then the Purchase Price will be adjusted upward by the full amount of the Net Adjustment Amount, and Purchaser will pay or cause to be paid an amount in cash equal to the Net Adjustment Amount to Seller by wire transfer of immediately available funds to an account or accounts designated in writing by Seller to Purchaser.
If the excess is greater than the Collar Amount, the actual amount of the increase shall be the amount of the excess less the Collar Amount.
Presumably, therefore, the availability of cash in the tri-party market for a certain type of collateral influences the availability and the terms of repo lending to investors who own that type of collateral.Specifically, our fund owns mostly mortgage-backed collateral (direct MBS, or CDOs of MBS).
Net Working Capital as of the Closing Date as set forth in the Final Adjustment Report shall be deemed to be the “Final Working Capital” (provided that if the absolute value of the difference between Final Working Capital and Estimated Working Capital is less than the Inside Collar Amount, then Final Working Capital shall be deemed equal to Estimated Working Capital).
If the deficiency is greater than the Collar Amount, the actual amount of the reduction shall be the amount of the deficiency less the Collar Amount.