Margin Deficiency definition

Margin Deficiency shall have the meaning provided in Section 2.06 hereof.

Margin Deficiency means the amount by which the required margin in an account is not satisfied by the eq- uity in the account, as computed in ac- cordance with § 242.404 of this Regula- tion (§§ 242.400 through 242.406).

Margin Deficiency means the amount by which the required margin in an account is not satisfied by the eq- uity in the account, as computed in ac- cordance with § 41.46 of this subpart.

Examples of Margin Deficiency in a sentence

• If at any time there exists a Margin Deficiency, the Seller shall cure such Margin Deficiency in accordance with Section 2.06 hereof.

• If the Securities Intermediary notifies the Issuer at or before 1:00 p.m. New York City time on any Business Day of the existence of a Margin Deficiency (taking into account any new issuance, maturities or redemptions), then on or before 3:30 p.m. New York City time on such Business Day, the Issuer shall deliver to Securities Intermediary for deposit into the Collateral Account an amount of Collateral at least equal to the Margin Deficiency.

• If at any time there exists a Margin Deficiency, the Seller shall cure such Margin Deficiency in accordance with Section 2.07 hereof.

• If a Margin Deficiency occurs, the Agent may notify the Borrower of the occurrence and the amount of such Margin Deficiency (such notice, a “Margin Deficiency Notice”).

• For the avoidance of doubt, amounts available for release shall be reduced by the amount of any outstanding margin calls, and Broker will comply with Customer’s request to release Collateral from the Special Custody Account, only to the extent that such release will not cause a Securities Margin Deficiency.

More Definitions of Margin Deficiency

Margin Deficiency means, at any time of determination, that the Advance Rate exceeds the Maximum Advance Rate.

Margin Deficiency means, as of any date of determination, the Total Accrued Loan Amount as of such date exceeds the Borrowing Base as of such date.

Margin Deficiency means theamount by which the required margin in an account is not satisfied by the equity in the account, as computed in accordance with § 41.46 of this subpart.

Margin Deficiency means the amount by which the required margin in an account is not satisfied by the equity in the account, as computed in accordance with § 242.404 of this Regulation (§§ 242.400 through 242.406).

Margin Deficiency has the meaning specified in Annex I.

Margin Deficiency means, at any time of determination, that the Revolving Exposure is in excess of 30% of Available Assets.

Margin Deficiency means the amount by w hich the required margin exceeds the equity in the margin account.