Collateral Call definition

Collateral Call means a notice to a Participant that additional Collateral, or possibly early payment, is required in order to remain in, or to regain, compliance with Tariff, Attachment Q.

Collateral Call means all (but not part only) of the Collateral is called for redemption or repayment prior to its scheduled maturity date.

Collateral Call means a notice to a Participant that additional Financial Security, or possibly early payment, is required in order to remain in, or to regain, compliance with this policy.

Examples of Collateral Call in a sentence

• If a Participant fails to meet the requirements of this policy but then remedies the Breach or satisfies a Collateral Call within the two Business Day cure period, then the Participant shall be deemed to have complied with the policy.

• A Participant will have two Business Days from notification of Breach (including late payment notice) or notification of a Collateral Call to remedy the Breach or satisfy the Collateral Call in a manner deemed acceptable by PJMSettlement.

• Failure to remedy the Breach or satisfy such Collateral Call within such two Business Days will be considered an event of default.

• No payments shall be due to a Participant, nor shall any payments be made to a Participant, while the Participant is in default or has been declared in Breach of this policy or the Agreements, or while a Collateral Call is outstanding.

• As a consequence, if a Participant defaults on its obligations under this Attachment Q, or PJM determines a Participant represents unreasonable credit risk to the PJM Markets, and the Participant does not post Collateral, additional Collateral or Restricted Collateral in response to a Collateral Call, the result is that the Participant represents unsecured credit risk to the PJM Markets.

More Definitions of Collateral Call

Collateral Call means notice is given by the Collateral Obligor that the Collateral is called for redemption or repayment in whole in accordance with the provisions of Collateral Condition 4.2 (Redemption at the Option of the Issuer), Collateral Condition 4.3 (Issuer Clean-Up Call), or Collateral Condition 4.4 (Redemption upon a Tax Event).

Collateral Call means notice is given by the Collateral Obligor that the Collateral is called for redemption or repayment in whole in accordance with the provisions of Collateral Condition 6(c) (Redemption for Tax Reasons), Collateral Condition 6(d) (Redemption for Other Reasons), or Collateral Condition 6(e) (Redemption at the Option of the Relevant Issuer).

Collateral Call means the practice of requiring a financial institution to pledge additional collateral when the fair market value of collateral that is currently pledged is determined to have fallen below the required amounts established in 735:10-1-3;

Collateral Call has the meaning specified in Section 2.08(a).

Collateral Call means the practice of requiring a financial institution to pledge additional collateral when the fair market value of collateral that is currently pledged is determined to have fallen below the required amounts established in 735:20-1-3;

Collateral Call means a demand for such cash amounts or other assets by way of Collateral as CMT GOLD may require for the purpose of protecting itself against loss or risk of loss on present, future or contemplated Transactions under this Trading Agreement;

Collateral Call means a written notice from the Company to Executive requiring that Executive pledge Additional Securities as additional collateral for the Loan pursuant to Section 3.03.