Margin Call Price definition

Margin Call Price means the lower of the Margin Call Closing Price and the Margin Call VWAP Price. “Margin Call ROFR Notice” has the meaning assigned to it in Section 3(b)(i).
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Margin Call Price means the lower of the Margin Call Closing Price and the Margin Call VWAP Price.
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Margin Call Price means the average of the VWAPs for the two (2) full Trading Days most recently ended prior to the time of delivery by Lender of the ROFR Notice.
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Examples of Margin Call Price in a sentence

  • The ROFR Notice will constitute a binding, irrevocable offer by Borrower to sell to Rush the Margin Call Shares at the Margin Call Price, and by its signature below Borrower hereby agrees and acknowledges that any Delinquent Amount to be paid by ▇▇▇▇ in exchange for such Margin Call Shares shall be paid directly to Lender via Lender’s account identified on Schedule A hereto.

  • The ROFR Notice will specify (a) the amount of any payment(s) due but unpaid by Borrower under the Loan Documents (the “Delinquent Amount”), (b) the number of Pledged Shares determined by Lender in its reasonable judgment to be sufficient to pay the Delinquent Amount and to cause Borrower to come into full compliance with all of its obligations under the Loan Documents (the “Margin Call Shares”), and (c) the Margin Call Price.


More Definitions of Margin Call Price

Margin Call Price means the average of the VWAPs for the two (2) full Trading Days most recently ended prior to the time of delivery by ▇▇▇▇▇▇ of the ROFR Notice.
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Related to Margin Call Price

  • Call Price If applicable with respect to any Series, as specified in the applicable Supplement.

  • Put Price has the meaning set forth in Section 8.05(a).

  • Redemption Call Purchase Price has the meaning provided in Section 1.4;

  • Repurchase Amount shall have the meaning set forth in Section 4.2 hereof.

  • VWAP Purchase Price means the lesser of (i) the Closing Sale Price on the VWAP Purchase Date; or (ii) ninety-seven percent (97%) of volume weighted average price for the Common Stock traded on the Principal Market during normal trading hours on (A) the VWAP Purchase Date if the aggregate shares traded on the Principal Market on the VWAP Purchase Date have not exceeded the VWAP Purchase Share Volume Maximum and the Sale Price of Common Stock has not fallen below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction), or (B) the portion of the VWAP Purchase Date until such time as the sooner to occur of (1) the time at which the aggregate shares traded on the Principal Market has exceeded the VWAP Purchase Share Volume Maximum, or (2) the time at which the Sale Price of Common Stock falls below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).