Delivery Margin definition

Delivery Margin means, for each Contracting Party, an amount established by Exchange from time to time in accordance with the applicable margin policies of the Exchange as implemented from time to time, as further described in Schedule “C” - Risk Management Policy;
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Delivery Margin is the billing rate for a given Rate Schedule, less (1) any Commodity Component and (2) any Temporary Adjustment for such Rate Schedule. “Cumulative Delivery Margin” is the cumulative Delivery Margin paid by Producer at a given point, plus any Shortfall Payments made by Producer under this Section 3.8. At the end of each Term Year, NW Natural will (x) review Producer’s usage, (y) calculate the Cumulative Delivery Margin for that Term Year, and (z) determine if Producer meets the Minimum Delivery Margin Guarantee for that Term Year. If Producer fails to meet the Minimum Delivery Margin Guarantee for a Term Year, Producer will pay NW Natural the difference between the Minimum Delivery Margin Guarantee and the Cumulative Delivery Margin actually paid by Producer (“Shortfall Payment”). Shortfall Payments made under this Section 3.8 will be invoiced and paid consistent with NW Natural’s customary billing cycle. If this Agreement is terminated for any reason, (i) any remaining unpaid portion of the Minimum Delivery Margin Guarantee will be immediately due and payable by Producer to NW Natural, with any previously uncredited Shortfall Payments made by Producer credited toward this amount; or
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Delivery Margin means margin of a type and in an amount determined by SECDEX in accordance with these Rules in respect of Open Contracts;
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Examples of Delivery Margin in a sentence

  • The Special Margin shall be in addition to the Total Delivery Margin contemplated in Clause 3.2.1 (Total Delivery Margin).

  • Without prejudice to any other demarcation, limitation, or exclusion of the Clearing House’s liability under the Rules or these Contract Terms, and notwithstanding anything stated in the Rules or these Contract Terms, the liability of the Clearing House to any Clearing Member under any Contract shall not at any time exceed the amount of Total Delivery Margin and Special Margin posted by the defaulting Clearing Member to the Clearing House.

  • Delivery Margin and Buyer Security By 10:00Seller's Security and Buyer's Security held against failed deliveries is released following confirmation that payment has been made for all failed deliveries for the Delivery Month.

  • The "Total Delivery Margin" shall comprise the Initial Margin, the First Delivery Margin and Second Delivery Margin.

  • Delivery Margin and margin on consolidated crystallized obligation shall be collected from clients by T+1 day.

  • The Clearing House may impose Special Margin for large exposure concerns when the potential stress loss of a Clearing Member after netting off against its Initial Margin and Delivery Margin has exceeded a certain percentage of the Guaranty Fund size, which percentage shall be determined by the Clearing House in its discretion.

  • By 18:00pm on the 1st Calendar Day of the Delivery Month (if the 1st Calendar Day is not a Business Day, then the immediately preceding Business Day), or the 3rd Business Day prior to Buyer’s Vessel’s ETA at the loading port, whichever comes later, the Buyer shall remit 105% of Contract Value with the Final Contract Price as the Base Price (“Buyer Contract Payment”) less the Total Delivery Margin ("Buyer Balance Payable") by cash to the Clearing House through its Clearing Member.

  • Within 2 Business Days from the receipt of Notification of Completion of Physical Delivery from the Buyer and Seller, the Clearing House shall release the Seller’s Total Delivery Margin as well as the Special Margin, if any, to the Selling Clearing Member.

  • Table of Charges Delivery Margin Related ChargesMainland and Vancouver Island Service Area1.

  • The amount of Total Delivery Margin to be posted by each of the Buying Clearing Member and the Selling Clearing Member with the Clearing House by the 1st Business Day following the Last Trading Day shall be 15% of the Contract Value of the open position(s) held by any and eachof the account with the Final Settlement Price as the Base Price that are to be settled by physical delivery through the Clearing House.


More Definitions of Delivery Margin

Delivery Margin is the billing rate for a given Rate Schedule, less (a) any Commodity Component and (b) any Temporary Adjustment for such Rate Schedule. “Cumulative Delivery Margin is the cumulative Delivery Margin paid by Customer at a given point during the Term, plus any shortfall paid by Producer under Section 3.2.4.
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Related to Delivery Margin

  • Necessary Margin for CFD trading shall mean the necessary margin required by the Company so as to maintain Open Positions.

  • Retail margin means an amount, reflecting differences in

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

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

  • 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).

  • Applicable ABR Margin means, at any date:

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

  • 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].

  • ABR Margin as defined in subsection 2.21.

  • 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.

  • Buyer’s Margin Amount”, with respect to any Transaction as of any date, the amount obtained by application of the Buyer’s Margin Percentage to the Repurchase Price for such Transaction as of such date;

  • 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;

  • Maintenance Margin means the minimum amount of money required in your Trading Account as specified on the Trading Platform in order to keep a Transaction open on the Trading Platform.

  • 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 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

  • Pricing Grid the pricing grid attached hereto as Annex A.

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

  • LIBOR Margin has the meaning given that term in Section 2.2.(c)(ii)(D).

  • 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.

  • Pass-Through Margin Except as set forth in the following sentence, with respect to each Class of LIBOR Certificates, the following percentages: Class A-1 Certificates, 0.150%; Class A-2A Certificates, 0.050%; Class A-2B Certificates, 0.100%; Class A-2C Certificates, 0.160%; Class A-2D Certificates, 0.250%; Class M-1 Certificates, 0.280%; Class M-2 Certificates, 0.300%; Class M-3 Certificates, 0.340%; Class M-4 Certificates, 0.350%; Class M-5 Certificates, 0.380%; Class M-6 Certificates, 0.470%; Class M-7 Certificates, 0.880%; Class M-8 Certificates, 1.100%; Class M-9 Certificates, 1.870%; Class B-1 Certificates, 2.500%; and Class B-2 Certificates, 2.500%. On the first possible Optional Termination Date, the Pass-Through Margins shall increase to: Class A-1 Certificates, 0.300%; Class A-2A Certificates, 0.100%; Class A-2B Certificates, 0.200%; Class A-2C Certificates, 0.320%; Class A-2D Certificates, 0.500%; Class M-1 Certificates, 0.420%; Class M-2 Certificates, 0.450%; Class M-3 Certificates, 0.510%; Class M-4 Certificates, 0.525%; Class M-5 Certificates, 0.570%; Class M-6 Certificates, 0.705%; Class M-7 Certificates, 1.320%; Class M-8 Certificates, 1.650%; Class M-9 Certificates, 2.805%; Class B-1 Certificates, 3.750%; and Class B-2 Certificates, 3.750%.

  • Applicable LIBOR Margin means the per annum interest rate from time to time in effect and payable in addition to the LIBOR Rate applicable to the Revolving Loan, as determined by reference to Section 1.5(a).

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

  • Applicable Revolver Index Margin means the per annum interest rate margin from time to time in effect and payable in addition to the Index Rate applicable to the Revolving Loan, as determined by reference to Section 1.5(a).

  • Applicable Eurodollar Margin means, as at any date of determination, the rate per annum then applicable to Eurodollar Rate Loans determined in accordance with the provisions of Section 2.14(D)(ii) hereof.

  • Program Fee Rate is defined in the Fee Letter.

  • 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).