Margin Availability Advance definition

Margin Availability Advance shall have the meaning specified in Article 3(w).
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Margin Availability Advance shall have the meaning specified in Section 3(t) of this Agreement.
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Examples of Margin Availability Advance in a sentence

  • Buyer may only submit a Margin Availability Advance request in respect of a particular Purchased Asset no more than one (1) time per calendar month.

  • In connection with any funding of a Margin Availability Advance pursuant to this Article 3(j), Buyer and Seller shall modify the existing Confirmation for the applicable Transaction to set forth the new Advance Rate and outstanding Purchase Price for such Purchased Asset.

  • Any Margin Availability Advance shall be in an amount equal to or greater than $500,000.

  • The Margin Availability Advance shall be funded by Buyer on the date requested by Seller (which requested funding date shall one (1) Business Day following the date of Seller’s delivery of a request for a Margin Availability Advance if such request for a Margin Availability Advance is delivered by 3:00 p.m. New York City time on any Business Day).

Related to Margin Availability Advance

  • Maximum Advance Rate means 80.0%.

  • Excess Availability means, as of any date of determination, the amount equal to Availability minus the aggregate amount, if any, of all trade payables of Borrower and its Subsidiaries aged in excess of historical levels with respect thereto and all book overdrafts of Borrower and its Subsidiaries in excess of historical practices with respect thereto, in each case as determined by Agent in its Permitted Discretion.