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.
Margin Ratio with respect to a Transaction, the Market Value of the Purchased Securities at the time when the Transaction was entered into divided by the Purchase Price (and so that, where a Transaction relates to Securities of different descriptions and the Purchase Price is apportioned by the parties among Purchased Securities of each such description, a separate Margin Ratio shall apply in respect of Securities of each such description), or such other proportion as the parties may agree with respect to that Transaction;
Margin Ratio means such loan ratio as determined by the Bank from time to time in its discretion (which will be notified to the Customer upon the Customer’s enquiry) as applicable to each of the specific securities (i) to be purchased or subscribed in accordance with an Instruction or (ii) comprised in the Charged Securities. The Bank may at any time and from time to time determine or re- determine the Margin Ratio to be zero for any of the specific securities. For the avoidance of doubt, a variation of the Margin Ratio may:-
Examples of Margin Ratio in a sentence
Contract Date: Securities Purchased: Security Description Security Price Interest Rate Maturity Currency Face Value Buyer: Seller: Purchase Price: Repurchase Date: Gross Due at Maturity: Repurchase Rate: Net Increase: Transaction Currency Account No.: Exchange Rate: Buyer Bank Account: This Transaction shall be subject to Margin Transfers and the Margin Ratio shall be in accordance with the Agreement.
More Definitions of Margin Ratio
Margin Ratio with respect to a Transaction, means the Market Value of the Purchased Securities at the time when the Transaction was entered into divided by the Purchase Price (and so that, where a Transaction relates to Securities of different descriptions and the Purchase Price is apportioned by the Parties among Purchased Securities of each such description, a separate Margin Ratio shall apply in respect of Securities of each such description), or such other proportion as the Parties may agree with respect to that Transaction. The minimum Margin Ratio is set out in Annex I;
Margin Ratio has the meaning defined in the Master Repurchase Agreements.
Margin Ratio. (also called "Haircut") means, with respect to each Repurchase Transaction or Securities Loan, the percentage agreed by the parties by which the Liabilities of the Seller or the Borrower in relation to the Repurchase Price and/or the Loaned Securities, respectively, are multiplied, as provided under "Liabilities" above, in order to determine the Net Exposure; failing an agreement to that effect, the Margin Ratio shall be equal to
Margin Ratio has the meaning given to it in the definition of Margin.
Margin Ratio. Level: (Current/Actual) shall mean the current/actual percentage of Cash maintained by the Client in relation to Equity. It is calculated as: Margin Ratio Level (Current/Actual) = Actual Cash maintained for Margin Trading / Equity.
Margin Ratio means the percentage value of the Collateral up to which the Client is permitted to borrow (or otherwise to secure other forms of financial accommodation) from Huatai against the Collateral, as notified by Huatai to the Client from time to time;
Margin Ratio. With respect to a Purchased Security, an amount equal to (a) one, divided by (b) 1 minus the Haircut applicable to such Purchased Security. Haircut: 50%.