Margin Base definition

Margin Base means the aggregate Asset Value of all Purchased Assets which are Eligible Assets.
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Margin Base means the aggregate Recognized Value of all Purchased Loans.
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Margin Base. On any day, the aggregate Asset Value of all Purchased Assets or certain specified Purchased Assets, as applicable.
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Examples of Margin Base in a sentence

  • For the purposes of this Section 2.6, "Excess Margin" shall be the excess of the Margin Base over the aggregate Purchase Price of all outstanding Transactions as of the date of such determination.

  • LEVEL II PERFORMANCE MARGINS: Interest Rate Option Applicable Margin Base Rate Option Zero Euro-Rate Option 1.00% Level II Performance Margins shall apply in the event that Financial Test II is satisfied and the other conditions set forth above are met.

  • Subject to any corrections to such Compliance Certificate required by the Administrative Agent based on an audit thereof, the LIBOR Margin, Base Rate Margin, and the Commitment Fee Factor shall be set effective as of the date of the Administrative Agent’s receipt of such Compliance Certificate.

  • Interest Base Rate Option LIBO Rate Option Additional Provisions for LIBO Rate Loans Limitation on LIBO Rate Loans LIBO Rate Loan Unlawful Treatment of Affected Loans Default Interest Rate Interest Calculation Fees Unused 3-Year Commitment Fee Letter of Credit Fee LC Issuance Fee Administrative Agent Fee Origination Fee LIBOR Margin; Base Rate Margin; Commitment Fee ARTICLE 5.

  • LEVEL III PERFORMANCE MARGINS: Interest Rate Option Applicable Margin Base Rate Option Zero Euro-Rate Option 0.875% Level III Performance Margins shall apply in the event that Financial Test III is satisfied and the other conditions set forth above are met.

  • BBB+ / Baa1/ BBB+ 1.000 % 0.000 % 0.10 % Applicable Debt Rating Eurocurrency Rate Loan Applicable Margin Base Rate Loan Applicable Margin Ticking Fee Rate C.

  • Any change in the interest rate resulting from a change in the Fidelity Margin Base Rate shall become effective as of the opening of business on the day on which such change in the Fidelity Margin Base Rate shall become effective, signed by Borrower and delivered by Borrower to Lender simultaneously with Borrower's execution of this Agreement.

  • The Origination Date is no earlier than three (3) months prior to the date the Mortgage Loan is first included in the Margin Base.

  • In the event the Administrative Agent does not receive such Compliance Certificate on or before the deadline therefor pursuant to Subsection 9.2.2, the LIBOR Margin, Base Rate Margin, and the Commitment Fee shall be set effective as of such deadline at Pricing Tier I until five (5) Banking Days after such Compliance Certificate is received.

  • Subject to any corrections to such Compliance Certificate required by the Administrative Agent based on an audit thereof, the LIBOR Margin, Base Rate Margin, and the Commitment Fee shall be set effective as of the date of the Administrative Agent's receipt of such Compliance Certificate.


More Definitions of Margin Base

Margin Base means, as of any date of determination, the aggregate Asset Margin Base of all Purchased Mortgage Loans subject to a Transaction.
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Margin Base means, at any time, the aggregate Recognized Value of all Purchased Loans subject to Transactions then outstanding hereunder.
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Margin Base means, as of any date of determination, the aggregate Asset Margin Base of all Purchased Mortgage Loans subject to a Transaction. “Margin Call” has the meaning specified in Section 6(a) hereof.
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Margin Base means on any date of determination, the sum of (i) that Class A Collateral described in clause (a) of the definition of Class A Collateral; plus (ii) the product of the market value of that Class A Collateral described in clause (b) of the definition of Class A Collateral multiplied by 95%; plus (iii) the market value of that Class A Collateral described in clause (c) of the definition of Class A Collateral; plus (iv) the product of the market value of that Class B Collateral described in clause (a) of the definition of Class B Collateral multiplied by 85%; plus (v) the product of the market value of that Class B Collateral described in clause (b) of the definition of Class B Collateral multiplied by 95%.
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Margin Base. As the context requires, (i) the aggregate Asset Value of all Mortgage Assets which are Eligible Assets or (ii) with respect to any Seller, the aggregate Asset Value of all Mortgage Assets which are Eligible Assets and which are subject to Transactions outstanding in respect of such Seller.
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Margin Base. On any day, the aggregate Asset Value of all Purchased Assets plus principal payments on deposit in the Collection Account to the extent such amounts are not applied to reduce the Purchase Price under Section 2.8.
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Related to Margin Base

  • Margin Level means the percentage Equity to Necessary Margin ratio. It is calculated as (Equity / Necessary Margin) * 100%.

  • Margin Excess the meaning specified in Paragraph 4(b) hereof;

  • Operating Margin Customer means a Control Area purchasing Operating Margin pursuant to an agreement between such other Control Area and the LLC.

  • Margin Ratio is the percentage of the value of the Collateral up to which the Customer is permitted to borrow (or otherwise to secure other forms of financial accommodation) from the Company against the Collateral.

  • Quotes Base means Quotes Flow information stored on the Server.

  • Pricing Spread shall have the meaning set forth in the Pricing Side Letter.

  • Margin means 3 per cent. per annum;

  • Margin Requirement means the amount of money and/ or assets that the Client is required to deposit and/ or hold with the Firm as consideration for entering into a Transaction and/ or maintaining an Open Position on its Account;

  • Applicable Pricing Grid the pricing grid set forth below: Consolidated Leverage Ratio Applicable Margin for Eurodollar Loans Applicable Margin for ABR Loans Greater than or equal to 3.0 to 1.0 2.00% 1.00% Less than 3.0 to 1.0 1.75% 0.75% For the purposes of the Applicable Pricing Grid, the Consolidated Leverage Ratio shall be calculated as of the last day of each fiscal quarter and changes in the Applicable Margin resulting from changes in the Consolidated Leverage Ratio shall become effective on the date (the “Adjustment Date”) that is three Business Days after the date on which financial statements are delivered to the Lenders pursuant to Section 6.1 with respect to such fiscal quarter (or the fiscal year ending with such fiscal quarter, as applicable) and shall remain in effect until the next change to be effected pursuant to this paragraph. If any financial statements referred to above are not delivered within the time periods specified in Section 6.1, then, until the date that is three Business Days after the date on which such financial statements are delivered, the highest rate set forth in each column of the Applicable Pricing Grid shall apply. In addition, at all times while an Event of Default shall have occurred and be continuing, the highest rate set forth in each column of the Applicable Pricing Grid shall apply.

  • Buyer’s Margin Percentage For any Purchased Asset as of any date, the percentage equivalent of the quotient obtained by dividing (a) one (1) by (b) the Applicable Percentage used to calculate the Purchase Price on the related Purchase Date.

  • Margin Call means the situation when the Company informs the Client to deposit additional Margin when the Client does not have enough Margin to open or maintain open positions.

  • Three-Month Secondary CD Rate means, for any day, the secondary market rate for three-month certificates of deposit reported as being in effect on such day (or, if such day is not a Business Day, the next preceding Business Day) by the Board through the public information telephone line of the Federal Reserve Bank of New York (which rate will, under the current practices of the Board, be published in Federal Reserve Statistical Release H.15(519) during the week following such day) or, if such rate is not so reported on such day or such next preceding Business Day, the average of the secondary market quotations for three-month certificates of deposit of major money center banks in New York City received at approximately 10:00 a.m., New York City time, on such day (or, if such day is not a Business Day, on the next preceding Business Day) by the Administrative Agent from three negotiable certificate of deposit dealers of recognized standing selected by it.

  • Applicable ABR Margin means, at any date:

  • Margin Percentage with respect to any repurchase transaction shall be 102% or such other percentage as is agreed to by Seller and the Participating Funds (except that in no event shall the Margin Percentage be less than 100%).

  • Applicable Pricing Level means, for each Pricing Period the pricing level set forth below opposite the Debt Rating achieved by Borrower as of the first day of that Pricing Period: Pricing Level Debt Rating I Greater than or equal to A1 / A+ II Less than A1 / A+ but greater than or equal to A2 / A III Less than A2 / A but greater than or equal to A3 / A- V Less than Baa2/BBB provided that in the event that the then prevailing Debt Ratings are “split ratings”, Borrower will receive the benefit of the higher Debt Rating, unless the split is a “double split rating” (in which case the pricing level applicable to the middle Debt Rating will apply) or a “triple split rating” (in which case the pricing level applicable to the Debt Rating above the Debt Rating applicable to the lowest pricing level will apply). For purposes hereof, a Debt Rating is only a “split rating” if the Debt Rating applies to a different pricing level.

  • Applicable Spread means, in connection with the Maximum Rate for any Rate Period (and subject to adjustment as described in the definition of Maximum Rate) (i) when there is not a Failed Remarketing Condition, 200 basis points (2.00%), and (ii) while a Failed Remarketing Condition has occurred or is continuing, 200 basis points (2.00%) (up to 59 days of a continued Failed Remarketing Condition), 225 basis points (2.25%) (sixty (60) days but fewer than ninety (90) days of a continued Failed Remarketing Condition), 250 basis points (2.50%) (ninety (90) days but fewer than 120 days of a continued Failed Remarketing Condition), 275 basis points (2.75%) (120 days but fewer than 150 days of a continued Failed Remarketing Condition), 300 basis points (3.00%) (150 days but fewer than 180 days of a continued Failed Remarketing Condition), and 400 basis points (4.00%) (180 days or more of a continued Failed Remarketing Condition); provided that, if at any time when the Applicable Spread is 225 basis points (2.25%), 250 basis points (2.50%), 275 basis points (2.75%), 300 basis points (3.00%) or 400 basis points (4.00%) and the Failed Remarketing Condition no longer exists due to the successful remarketing of all Purchased VRDP Shares, then such Applicable Spread of 225 basis points (2.25%), 250 basis points (2.50%), 275 basis points (2.75%), 300 basis points (3.00%) or 400 basis points (4.00%) will continue to be the Applicable Spread in connection with determining the Maximum Rate in effect for each Rate Period commencing with the first Subsequent Rate Period after the Failed Remarketing Condition no longer exists through and including the first Subsequent Rate Period ending on or after the 45th day after the day the Failed Remarketing Condition no longer exists; provided, further, that (i) if a new Failed Remarketing Condition occurs prior to the end of such period and the Applicable Spread is then 225 basis points (2.25%), the date such new Failed Remarketing Condition occurs will be deemed to be the 60th day of a continued Failed Remarketing Condition, (ii) if a new Failed Remarketing Condition occurs prior to the end of such period and the Applicable Spread is then 250 basis points (2.50%), the date such new Failed Remarketing Condition occurs will be deemed to be the 90th day of a continued Failed Remarketing Condition, (iii) if a new Failed Remarketing Condition occurs prior to the end of such period and the Applicable Spread is then 275 basis points (2.75%), the date such new Failed Remarketing Condition occurs will be deemed to be the 120th day of a continued Failed Remarketing Condition, (iv) if a new Failed Remarketing Condition occurs prior to the end of such period and the Applicable Spread is then 300 basis points (3.00%), the date such new Failed Remarketing Condition occurs will be deemed to be the 150th day of a continued Failed Remarketing Condition and (v) if a new Failed Remarketing Condition occurs prior to the end of such period and the Applicable Spread is then 400 basis points (4.00%), the date such new Failed Remarketing Condition occurs will be deemed to be the 180th day of a continued Failed Remarketing Condition, in each case, solely for purposes of determining the Applicable Spread.

  • Minimum Mortgage Rate With respect to each Adjustable-Rate Mortgage Loan, the percentage set forth in the related Mortgage Note as the minimum Mortgage Rate thereunder.

  • Quotes Flow means the stream of Quotes in the Platform for each CFD.

  • Margin Account means a segregated account in the name of a broker, dealer, futures commission merchant, or a Clearing Member, or in the name of the Fund for the benefit of a broker, dealer, futures commission merchant, or Clearing Member, or otherwise, in accordance with an agreement between the Fund, the Custodian and a broker, dealer, futures commission merchant or a Clearing Member (a "Margin Account Agreement"), separate and distinct from the custody account, in which certain Securities and/or money of the Fund shall be deposited and withdrawn from time to time in connection with such transactions as the Fund may from time to time determine. Securities held in the Book-Entry System or the Depository shall be deemed to have been deposited in, or withdrawn from, a Margin Account upon the Custodian's effecting an appropriate entry in its books and records.

  • Minimum Lifetime Mortgage Rate The minimum level to which a Mortgage Interest Rate can adjust in accordance with its terms, regardless of changes in the applicable Index.

  • Margin Trading means Leverage trading when the Client may make Transactions having far less funds on the Trading Account in comparison with the Transaction Size.

  • Maximum Loan Rate With respect to each Mortgage Loan, the percentage set forth in the related Mortgage Note as the maximum Loan Rate thereunder.

  • Maximum Lifetime Mortgage Rate The maximum level to which a Mortgage Interest Rate can adjust in accordance with its terms, regardless of changes in the applicable Index.

  • Maximum Advance Rate means 80.0%.