Margin Notice means each request or notice given by GTJAFX to the Client requiring such Client to provide Margin in accordance with Clause 6 (Margin).
Margin Notice shall have the meaning specified in Section 4(b) hereof.
Margin Notice means every request or notice that Finantia TX makes to a customer requiring the customer to provide a margin in accordance with Section 6 (Margin). "NDF Transactions" means transactions in which the relevant amount is calculated and paid between the parties in accordance with the difference between the agreed forward exchange rate and the spot exchange rate on an agreed future date. The amount is settled in cash in the relevant transaction currency. "Partial closing notice" has the meaning conferred by Article 8.1 (partial closing notice). "Partial termination of a transaction" has the meaning conferred by article 8.1 (partial closing notice). "Partial termination date" means the date on which Finantia TX indicates in the partial closing notice that the relevant open foreign exchange transactions should be terminated under Article 8 (partial closing). "One Party" means Finantia TX or Customer, subject to availability.
Examples of Margin Notice in a sentence
If any such notice is given after the Margin Notice Deadline, the party receiving such notice shall transfer such cash or Securities no later than the close of business in the relevant market on the next business day following such notice.
Margin will be due for payment by the time and date specified in the Margin Notice and may require payment by close of business on the same day.
If any notice is given by a party to the other under subparagraph (a) of this Paragraph at or before the Margin Notice Deadline on any business day, the party receiving such notice shall transfer Forward Collateral as provided in such subparagraph no later than the close of business in the relevant market on such business day.
The types of collateral that may be accepted to meet Margin calls are listed in the Eligible Margin Notice.
If any such notice is given after the Margin Notice Deadline, the party receiving such notice shall transfer such Collateral no later than the Close of Business on the next Business Day following the day of such notice.
More Definitions of Margin Notice
Margin Notice means every request or notice that Leeds Capital makes to a customer requiring the customer to provide a margin in accordance with Section 6 (Margin). "NDF Transactions" means transactions in which the relevant amount is calculated and paid between the parties in accordance with the difference between the agreed forward exchange rate and the spot exchange rate on an agreed future date. The amount is settled in cash in the relevant transaction currency. "Partial closing notice" has the meaning conferred by Article 8.1 (partial closing notice). "Partial termination of a transaction" has the meaning conferred by article 8.1 (partial closing notice). "Partial termination date" means the date on which Leeds Capital indicates in the partial closing notice that the relevant open foreign exchange transactions should be terminated under Article 8 (partial closing). "One Party" means Leeds Capital or Customer, subject to availability. The "PIN" of the account means the personal identification number used by the customer to access the account. It serves as a security measure to identify and verify the identity of the authorized person who issued the instruction. "Potential breach event" means any event that would constitute a breach event as a result of the notice in question, or over time, or in the case of both. "Guarantee" has the meaning conferred by article 14.2 (order of reimbursement). The "guaranteed margin" has the meaning conferred by article 14.1 (first fixed bet). "SFC" means the Hong Kong Securities and Futures Commission. The Securities and Futures Ordinance means the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong). "Tax" means an existing or future tax of any nature imposed by any tax authority, including interest and penalties, except stamp duty, registration tax, documentary tax or similar taxes. "Terminated Foreign Exchange Trading" means each partial termination and complete termination of a transaction, subject to the circumstances, before taking into account the early termination provided for in Article 8.1 (Partial Closing Notice) or Article 9.1 (Early Termination). "Terminating Currency" means the United States dollar or any other
Margin Notice shall have the meaning specified in Section 4(b) of this Agreement.
Margin Notice shall have the meaning given to that term in Section 4.2(b).
Margin Notice shall have the meaning specified in Section 4(b) hereof. “Market Value” shall mean, as of any date of determination and for any Eligible Loan, the reasonable and good faith bid-side fair market value in an arms-length transaction between two consenting parties of such Eligible Loan, expressed as a Dollar amount, as determined by the Buyer in its sole discretion. The Buyer shall determine the Market Value of the Eligible Loans at such intervals as determined by the Buyer in its sole discretion. The Buyer’s election, in its sole and absolute discretion, not to determine the Market Value of an Eligible Loan at any time shall not in any way limit or impair its right to make such determination in the future. Unless otherwise agreed by the Buyer in its sole discretion, the Market Value of each Mortgage Loan that is not an Eligible Loan shall be $0. “Material Adverse Event” shall mean (a) a material adverse change in, or a material adverse effect upon, the operations, business, properties or financial condition of Seller Party; (b) a material impairment of the ability of Seller Party to perform its obligations under any Transaction Document; or (c) a material adverse effect upon the legality, validity, binding effect or enforceability of any Transaction Document against Seller Party, in each case as determined by the Buyer in its sole good faith discretion. “Material Document Defect” shall mean with respect to any Mortgage Loan, a Document Defect that (i) materially and adversely affects the value of the Mortgage Loan or the interests of the Buyer in the affected Mortgage Loan and (ii) remains unremedied for ten (10) Business Days after the Seller’s actual knowledge of such Document Defect. “Material Modification” shall mean any modification, waiver or amendment of any term of, or any other acts with respect to, any Mortgage Loan that would: (i) (A) affect the amount or timing of any related payment of principal, interest or other amount payable (other than penalty charges) under such Mortgage Loan, or otherwise extend the stated maturity date of such Mortgage Loan or (B) materially and adversely affect the security for such Mortgage Loan; (ii) release the related guarantor or otherwise materially modify the terms of the related guaranty; (iii) result in the release, addition or substitution of any collateral for an outstanding Mortgage Loan; or (iv) result in any subordinated or mezzanine debt with respect to such Mortgage Loan or the related Mortgaged Property....
Margin Notice shall have the meaning specified in Section 4(b) hereof. “Market Value” shall mean, with respect to any Eligible Loan or Purchased Loan, as of any relevant date, the lesser of (i) the price at which such Eligible Loan or Purchased Loan may be sold in an arm’s length transaction to a third party (without regard to any unpaid interest which has accrued but is not yet due and payable), and (ii) the Principal Balance of such Eligible Loan or Purchased Loan. Buyer shall determine Market Value in its commercially reasonable discretion. For purposes of Section 4, changes in the Market Value of the Purchased Loan shall be determined solely in relation to material positive or negative changes relative to Buyer’s initial underwriting or the most recent determination of Market Value relating to (I) any breach of a MTM Representation or (II) the performance or condition of (x) the Mortgaged Property securing the Purchased Loan or other collateral securing or related to the Purchased Loan, (y) the Purchased Loan’s borrower (including obligors, guarantors, participants and sponsors) and the Mortgagor on any Mortgaged Property or other collateral securing the Purchased Loan, or (z) the commercial real estate market relevant to the Mortgaged Property, considered in the aggregate. Certain additional terms and conditions related to the determination of Market Value are set forth in the Letter Agreement, which terms are incorporated herein by reference.
Margin Notice has the meaning set forth in Section 2.09.