Margin Deficit Notice definition

Margin Deficit Notice shall have the meaning specified in Article 4(a).
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Margin Deficit Notice. A written notice, substantially in the form attached as Exhibit E hereto, which requires the Sellers to correct a Margin Deficit in accordance with Article IV of this Agreement.
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Margin Deficit Notice shall have the meaning specified in Section 4(a) of this Agreement.
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Examples of Margin Deficit Notice in a sentence

  • Seller shall perform the obligations under this Article 4(a) by the close of the next succeeding Business Day if the Margin Deficit Notice was received by Seller prior to 3:00 p.m. New York City time, or, the second (2nd) succeeding Business Day if the Margin Notice was received by Seller after 3:00 p.m. New York City time (the “Margin Deadline”).


More Definitions of Margin Deficit Notice

Margin Deficit Notice. Defined in Section 2.7 of this Agreement.
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Margin Deficit Notice. A notice in the form of Exhibit X attached hereto requiring the Seller to eliminate a Margin Deficit by the Margin Correction Deadline.
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Margin Deficit Notice. Defined in Subsection 2.7(a).
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Margin Deficit Notice. A notice from the Purchaser to the Seller to eliminate a Margin Deficit in the form of Exhibit VII attached hereto.
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Margin Deficit Notice. Defined in Paragraph 4 (a) of this Repurchase Agreement.
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Related to Margin Deficit Notice

  • Margin Deficit shall have the meaning assigned thereto in Section 6(a) hereof.

  • Borrowing Base Deficiency means, at any date on which the same is determined, the amount, if any, that (a) the aggregate Covered Debt Amount as of such date exceeds (b) the Borrowing Base as of such date.

  • Transaction Notice means a written request of Seller to enter into a Transaction in a form attached as Exhibit C hereto or such other form as shall be mutually agreed upon between Seller and Purchaser, which is delivered to the Purchaser in accordance with Section 3(c) herein.

  • 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.