Collateral Trust Required Balance definition

Collateral Trust Required Balance means 102% multiplied by the Risk Margin Amount as of the end of the applicable Accounting Period.

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Examples of Collateral Trust Required Balance in a sentence

• The Reinsurer shall maintain the Collateral Trust Account with Collateral Trust Authorized Investments having an aggregate Fair Market Value no less than the Collateral Trust Required Balance.

• The Collateral Trust Required Balance shall be adjusted as of the end of each Accounting Period.

• If as of the end of any Accounting Period the Fair Market Value of Collateral Trust Authorized Investments exceeds the Collateral Trust Required Balance, the Reinsurer may request the Ceding Company to release an amount up to such excess.