Margin Amount definition

Margin Amount means, with respect to any Purchased Asset on any date, an amount equal to (a) the lesser of (i) the unpaid principal balance of such Purchased Asset and (ii) the Market Value of such Purchased Asset, multiplied by (b) the Purchase Price Percentage for such Purchased Asset.

Margin Amount means at any time with respect to any Purchased Mortgage Loan, the amount equal to (a) the applicable Margin Percentage for that Purchased Mortgage Loan at that time multiplied by (b) the Market Value of that Purchased Mortgage Loan at that time.

Margin Amount with respect to any Transaction means an amount which is at least equivalent to the Required Margin and which shall be tied to the Purchase Price of the Securities throughout the life of this Agreement as calculated no less than on a daily basis;

Examples of Margin Amount in a sentence

• The Clearing House shall, at least once on each business day, notify each Clearing Member of the Required Margin Amount and the Total Required Margin Amount.

• For the avoidance of doubt, for the purposes of determining whether there is an excess collateral value (for the purposes of this Section 1.1.2) at the time of the Clearing Member’s request, the Clearing Member’s Total Required Margin Amount shall not include the amounts of any margin requirements from the Clearing Member to the Clearing House (whether or not demanded of the Clearing Member) in respect of which the time for performance has not occurred at the time of such request.

• A natural person who is either employed by or is an agent of a Clearing Member and who is authorized by the Clearing House as an Authorized User in accordance with Rule 3.8. Base Margin Amount has the meaning set forth in Rule 3.34.1(c).

• Each Cash Loan hereunder shall be secured by the identification and designation, on the custodial or other books and records of State Street relating to the Borrower, of Liquid Custodial Collateral as Securities Loan Collateral in accordance with Section 13.7 hereof (the “Cash Loan Collateral”), the Collateral Value of which Cash Loan Collateral shall equal or exceed the Cash Loan Margin Amount for such Cash Loan.

• Motion Second _aye nay roll call vote Recommend approving the list of bills for payment: Cafeteria Fund ck#1592-1598 $12,487.68 General Fund ck# 49071-49116 $ 260,370.87manual ck# MC240201-MC240214 $ 89,509.58C.

More Definitions of Margin Amount

Margin Amount shall have the meaning specified in the Fee Letter.

Margin Amount means security, expressed as a percentage of the funds sold to Centtrip or an absolute value. Margin Amount may be required by Centtrip as a condition of the Trade. Subject to Force Majeure, Margin Amounts are non- refundable until maturity of the Trade.

Margin Amount means security, expressed as a percentage of the funds sold to Centtrip or an absolute value. Xxxxxx Xxxxxx may be required by Centtrip as a condition of the Trade. Subject to Force Majeure, Margin Amounts are non- refundable until maturity of the Trade.

Margin Amount means the amount obtained by application of a percentage agreed to by Xxxxx and Seller prior to entering into the Transaction to the Repurchase Price for such Transaction as of such date.

Margin Amount means, with respect to any Transaction as of any date of determination, an amount equal to the product of the Margin Percentage and the outstanding Purchase Price of the Purchased Loan for such Transaction as of such date.

Margin Amount means, with respect to any Transaction as of any date, the amount obtained by multiplying the Purchase Price Percentage by the unpaid principal balance of the Note as of such date.

Margin Amount shall have the meaning set forth in Section 6.1(a) hereof.