Current Margin definition

Current Margin means, with respect to any date, the difference between (i) the aggregate Market Value of all Purchased Loans held by the Buyer on such date and (ii) the aggregate Purchase Price paid by the Buyer for all Purchased Loans held by the Buyer on such date.
Current Margin shall have the meaning ascribed to it in Section 5(b) hereof.
Current Margin means in respect of the Issue Date, the Initial Current Margin and in respect of any subsequent calendar day, an amount determined by the Issuer having regard to the Financing Level Currency, prevailing market conditions and such other factors as the Issuer determines appropriate in its sole discretion and in respect of any Calculation Period may be reset on each Reset Date, at the discretion of the Issuer, subject to it not exceeding the Maximum Current Margin.

Examples of Current Margin in a sentence

  • Notices of Current Margin Amount and Market Value..............................................

  • The diminution of the TFG’s authority and threat of the spread of fundamentalist Islam in Somalia has put the U.S. and other Western countries on alert.Figure 3.

  • With respect to each Subject AMR Class as determined on each AMR Pricing Date, (i) if Sufficient Clearing Bids exist, the Winning Bid Margin and (ii) if an Incomplete Reset has occurred, the AMR Current Margin for such AMR Class.

  • Current Margin Calls Bona fide margin calls which have been outstanding a reasonable time; that is, less than five business days for customers and less than four business days for noncustomers and omnibus accounts.

  • If a margin call was made to an account for an amount less than what was required, an immediate undermargined capital charge would apply if the amount of the margin call made plus margin equity was less than the maintenance margin requirement Current Margin Calls A margin call will be considered current only to the extent that it represents a bona fide attempt to obtain funds.

  • The Current Margin required to hold your position(s) will vary from the Initial Margin and also depends on the CFD’s referable underlying instrument.

  • Replacing the Current Margin with mark-to-market margining affects a limited number of highly capitalized market participants, maintains adequate financial standards and does not adversely affect the Exchange.

  • Following the receipt of an Adjustment Notice - Maximum Current Margin, a Holder may, on any Business Day during the Put Option Notice Period, give an irrevocable notice (an "Option Exercise Notice") to the Issuer requiring the redemption of some or all of its Securities on the Securityholder Put Exercise Date.

  • The Initial Margin and Current Margin requirements are set out on our online trading platform and at www.quadcodemarkets.com.

  • Any increase in the amount of the Current Margin will be due and payable immediately.


More Definitions of Current Margin

Current Margin means the difference, expressed in basic points, between (a) yield-to-maturity of the Mexican Bond published in page BTMMMX (go) of the Bloomberg information system and (b) yield-to-maturity of the series of United States Treasury Bonds published in page PX1 (go) of the Bloomberg information system with maturity date closer to the Mexican Bond, at the close of any Banking Business Day.

Related to Current Margin

  • Subsequent Margin means the margin specified as such in the applicable Final Terms;

  • CD Margin means a rate per annum determined in accordance with the Pricing Schedule.

  • First Margin means the margin specified as such in the applicable Final Terms; "First Reset Date" means the date specified in the applicable Final Terms;

  • Applicable L/C Margin means the per annum fee, from time to time in effect, payable with respect to outstanding Letter of Credit Obligations as determined by reference to Section 1.5(a).

  • Step Up Margin means the rate per annum specified in the applicable Final Terms; and

  • Retail margin means an amount, reflecting differences in

  • EBITDA Margin means the ratio between (a) EBITDA and (b) total toll and other concession revenues.

  • Interest Margin or "rm" means the percentage specified as such in the table below. The Calculation Agent may adjust the Interest Margin, acting in good faith and in a commercially reasonable manner, to reflect any disparity between the Reference Interest Rate and the Issuer's funding rate, save that the Interest Margin will not be less than the Minimum Interest Margin and will not exceed the Maximum Interest Margin;

  • Reset Margin means the margin specified in the applicable Final Terms;

  • Initial Margin means the amount of cash or securities deposited with a broker as a margin payment at the time of purchase or sale of a futures contract.

  • Adjusted EBITDA Margin means Adjusted EBITDA calculated as a percentage of Adjusted Revenue.

  • Free Margin means the amount of funds available in the Client Account, which may be used to open a position or maintain an Open Position. Free Margin shall be calculated as: Equity less (minus) Necessary Margin [Free margin = Equity- Necessary Margin].

  • Note Margin With respect to each Mortgage Loan, the fixed percentage set forth in the related Mortgage Note and indicated in Exhibit One hereto as the "NOTE MARGIN," which percentage is added to the Index on each Adjustment Date to determine (subject to rounding in accordance with the related Mortgage Note, the Periodic Cap, the Maximum Mortgage Rate and the Minimum Mortgage Rate) the interest rate to be borne by such Mortgage Loan until the next Adjustment Date.

  • Applicable Margins means collectively the Applicable Revolver Index Margin, the Applicable Term Loan Index Margin, the Applicable Revolver LIBOR Margin and the Applicable Term Loan LIBOR Margin.

  • Prime Rate Margin is one-quarter of one percent (0.25%).

  • Applicable Margin means, with respect to Advances of any Type at any time, the percentage rate per annum which is applicable at such time with respect to Advances of such Type as set forth in the Pricing Schedule.

  • Additional Margin shall have the meaning provided in Section 2.14(a).

  • Applicable ABR Margin means, at any date:

  • Supplier Profit Margin means, in relation to a period or a Milestone (as the context requires), the Supplier Profit for the relevant period or in relation to the relevant Milestone divided by the total Call Off Contract Charges over the same period or in relation to the relevant Milestone and expressed as a percentage;

  • LIBOR Rate Margin has the meaning set forth in the definition of Applicable Margin.

  • Applicable LIBOR Rate Margin means the following per annum percentages, applicable in the following situations:

  • Applicable Commitment Fee Margin means, for each Pricing Period, the margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period: II 10.0 V 17.5

  • Applicable Eurodollar Rate Margin means, with respect to any Eurodollar Rate Advance, for each Pricing Period, the interest rate margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period: I 50.0 II 62.5 III 75.0 IV 87.5 V 100.0

  • Hedged Margin for CFD trading shall mean the necessary margin required by the Company so as to open and maintain Matched Positions.

  • Applicable Unused Line Fee Margin means the per annum fee, from time to time in effect, payable in respect of Borrowers’ non-use of committed funds pursuant to Section 1.9(b), which fee is determined by reference to Section 1.5(a).

  • Base Rate Margin has the meaning set forth in the definition of Applicable Margin.