Examples of Collateral Maintenance Level in a sentence
Customers that are on blanket collateral status that are later assigned custody collateral status by the Bank must deliver enough Qualifying Collateral to meet their required Collateral Maintenance Level in a period designated by the Bank, not to exceed 45 days.
Customers that fail to meet their required Collateral Maintenance Level are expected to resolve any deficiencies within 24 hours of notification.
In order for an eNote to be Qualifying Collateral used in the determination of Borrower’s compliance with the Collateral Maintenance Level under the Agreement, (a) the eNote must be registered on the eRegistry, (b) the eRegistry must name the Bank in the Secured Party Field and Location Field with respect to such eNote, and (c) the Borrower must satisfy all other requirements contained in the Bank’s Member Products and Credit Policy (the “Policy”) and related documentation.
This is one additional slide which shows you yet another example of a color space where things don't happen so well.
At all times that a Letter of Credit has been issued and is outstanding hereunder, each such Letter of Credit shall constitute an Outstanding Commitment (as defined in the Advances Agreement) and shall be included in the computation of the Customer’s Collateral Maintenance Level (as defined in the Advances Agreement).