Collateral Requirement definition

Collateral Requirement means the requirement that:

Collateral Requirement for Party B shall be zero. The “Collateral Requirement” for Party A (the “Pledging Party”) means the Secured Party’s Net Exposure minus the sum of:”

Collateral Requirement means on any date the requirement that:

Examples of Collateral Requirement in a sentence

• Seller pays to Buyer the Collateral Requirement associated with the Designated System plus any extension fees associated with such Designated System that have been paid by Seller to Buyer.

• Upon the issuance of such written notice to Buyer and Seller, the Designated System shall be so removed, and Buyer shall be entitled to payment by Seller in the amount equal to the sum of: (i) the Collateral Requirement estimated at the time of such non-conformance associated with such Designated System and (ii) one hundred percent (100%) of the total payments, including any Advance of Capital, Seller has received from Buyer associated with RECs from such Designated System.

• Upon such occurrence and removal, Buyer shall be entitled to payment by Seller in the amount of the Collateral Requirement associated with such Designated System as indicated in Schedule A and Schedule B to the Product Order that is applicable to such Designated System.

• Notwithstanding any other provisions of this Agreement, in no event shall Seller be liable to Buyer, with respect to a Designated System, in an amount that exceeds the sum of the Collateral Requirement and one hundred and ten percent (110%) of the total payments Seller has received from Buyer associated with RECs from such Designated System; and with respect to this Agreement, the sum of such calculation across all Designated Systems under this Agreement.

• If the request for a refund of a portion of the Performance Assurance in the amount of the Collateral Requirement is granted by the IPA, then the IPA shall include such determination in the notice to Buyer and Seller, and Buyer shall return to Seller its Performance Assurance in the amount of the Collateral Requirement of such Designated System within ten (10) Business Days after such written notice from the IPA.

More Definitions of Collateral Requirement

Collateral Requirement shall have the meaning assigned thereto in Section 5(c) hereof.

Collateral Requirement has the meaning set forth in Section 12.1.

Collateral Requirement means with respect to Loans an amount equal to 102% of the then current Market Value of Loaned Securities which are the subject of Loans as of the close of trading on the preceding Business Day.

Collateral Requirement means at any time the amount of Development Period Security or Operating Period Security required under this Agreement at such time.

Collateral Requirement means, at any time, the requirement that all steps required under applicable Law, if any, or reasonably requested by any Applicable Lender or any Custodian to ensure that the Security Agreement creates a valid, first priority, perfected Lien (subject to no other Liens, other than Permitted Liens) in favor of such Applicable Lender on all the Collateral have been taken.

Collateral Requirement means, (i) with respect to a Designated System that is not Energized, an amount equal to five percent (5%) of the multiplicative product of the

Collateral Requirement shall have the meaning set forth in Section 4.3.