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

  • Delivery Margin Guarantee occurs when the cumulative Delivery Margin meets or exceeds the Minimum Delivery Margin Guarantee.

  • In case of derivative instruments subject to physical delivery, the Customer will further be liable to deposit in the Intermediary Institution a Physical Delivery Margin in forms and amounts stipulated in the Derivatives Rules, the Capital Markets Laws and Regulations and this Agreement.

  • The Customer shall be responsible for the placement of deposits (including, but not limited to, Initial Margin, Margin Requirement, Delivery Margin for Government Bond Futures, Variation Margin) under the Terms and Conditions of Derivatives Transaction.

  • Producer is qualified for a construction allowance, also known as the Minimum Delivery Margin Guarantee, through use of the existing Rate Schedule X, for opportunity to reduce the cost of the Receipt Point Facilities down to the amount shown as Total Due in this Agreement, which is estimated to be $ based on the increased natural gas usage estimates at the Plant.

  • The Intermediary Institution is not obliged to accept and execute the transactions and instructions for which Initial Margin and/or Physical Delivery Margin requested as above is not given.


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].

  • 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 Except as set forth in the following sentence, with respect to each Class of Regular Certificates, the following percentages: Class I-A Certificates, 0.150%; Class II-A-1 Certificates, 0.050%; Class II-A-2 Certificates, 0.110%; Class II-A-3 Certificates, 0.160%; Class II-A-4 Certificates, 0.240%; Class M-1 Certificates, 0.270%; Class M-2 Certificates, 0.310%; Class M-3 Certificates, 0.330%; Class M-4 Certificates, 0.380%; Class M-5 Certificates, 0.420%; Class M-6 Certificates, 0.510%, Class M-7 Certificates, 0.950%, Class M-8 Certificates, 1.100%, Class M-9 Certificates, 1.950%, Class M-10 Certificates, 2.000% and Class M-11 Certificates, 2.000%. On the first Distribution Date after the Optional Termination Date, the Interest Margins shall increase to the following percentages: Class I-A Certificates, 0.300%; Class II-A-1 Certificates, 0.100%; Class II-A-2 Certificates, 0.220%; Class II-A-3 Certificates, 0.320%; Class II-A-4 Certificates, 0.480%; Class M-1 Certificates, 0.405%; Class M-2 Certificates, 0.465%; Class M-3 Certificates, 0.495%; Class M-4 Certificates, 0.570%; Class M-5 Certificates, 0.630%; Class M-6 Certificates, 0.765%, Class M-7 Certificates, 1.425%, Class M-8 Certificates, 1.650%, Class M-9 Certificates, 2.925%, Class M-10 Certificates, 3.000% and Class M-11 Certificates, 3.000%.

  • 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: Applicable Pricing Level Margin II 10.0 V 17.5

  • Weighted Average SOFR means the arithmetic mean of SOFR in effect for each Business Day during the relevant Interest Period, calculated by multiplying the relevant SOFR by the number of calendar days such SOFR is in effect, determining the sum of such products and dividing such sum by the number of calendar days in the relevant Interest Period, provided however that during a Suspension Period, the SOFR for each day during that Suspension Period will be the value for the Business Day immediately prior to the first day of such Suspension Period. For purposes of this provision “Suspension Period” is the number of Business Days prior to the end of the relevant Interest Period as specified in the applicable pricing supplement.

  • 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 With respect to each Class of Offered Certificates (except as set forth in the following sentence), the following percentages: Class A-1 Certificates, 0.1700%; Class A-2a Certificates, 0.0700%; Class A-2b Certificates, 0.1200%; Class A-2c Certificates, 0.1800%; Class A-2d Certificates, 0.2700%; Class M-1 Certificates, 0.3300%; Class M-2 Certificates, 0.3500%; Class M-3 Certificates, 0.3700%; Class M-4 Certificates, 0.4800%; Class M-5 Certificates, 0.4900%; Class M-6 Certificates, 0.5700%; Class B-1 Certificates, 1.1000%; Class B-2 Certificates, 1.2000%; and Class B-3 Certificates, 2.1500%. On the first Distribution Date after the Optional Termination Date, the Pass-Through Margins shall increase to: Class A-1 Certificates, 0.3400%; Class A-2a Certificates, 0.1400%; Class A-2b Certificates, 0.2400%; Class A-2c Certificates, 0.3600%; Class A-2d Certificates, 0.5400%; Class M-1 Certificates, 0.4950%; Class M-2 Certificates, 0.5250%; Class M-3 Certificates, 0.5550%; Class M-4 Certificates, 0.7200%; Class M-5 Certificates, 0.7350%; Class M-6 Certificates, 0.8550%; Class B-1 Certificates, 1.6500%; Class B-2 Certificates, 1.8000%; and Class B-3 Certificates, 3.2250%.

  • 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 1.4(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 2.15(D)(ii) hereof.

  • Program Fee Rate has the meaning set forth 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).