Margin Ratio definition

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.

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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

If at any time while a Loan is outstanding the Margin Ratio for such Loan is equal to or less than the Liquidation Ratio (whether or not a Collateral Call Notification has been sent or is awaiting response) (a “Liquidation Trigger”), Lender may, at its sole discretion and with no notice required to Borrower, immediately liquidate Collateral and apply the proceeds of such liquidation, less the amount of the Liquidation Fee, to repayment of the Total Loan Balance, as provided below.
For the avoidance of doubt, ▇▇▇▇▇▇ shall have no obligation to approve the withdrawal of any Excess Collateral to the extent that the withdrawal of such Excess Collateral would result in the Margin Ratio, as determined by Lender in its sole discretion, being less than the Required Margin Ratio after giving effect to such withdrawal of Excess Collateral.
Upon execution of a Loan Term Sheet by ▇▇▇▇▇▇ and Borrower, Borrower shall commence transmission of any required Collateral to satisfy the Required Margin Ratio as specified in such Loan Term Sheet.
If Lender requires Borrower to increase the Margin Ratio so that it is equal to or greater than the Required Margin Ratio, it shall send a notification substantially in the form attached hereto as Exhibit C (the “Collateral Call Notification”) to Borrower that sets forth: (i) the Margin Ratio as of such time and (ii) the amount of Additional Collateral required to return to the Required Margin Ratio (using the applicable Market Spot Rate if required) as of such time.
Notwithstanding the foregoing, a Refund Notification shall be null and void and the Lender shall have no obligation to approve the withdrawal of any Excess Collateral if (i) prior to the deadline for the withdrawal of such Excess Collateral, the Margin Ratio does not exceed the Collateral Return Coverage Ratio, or (iii) a default or Event of Default hereunder exists or would result from the withdrawal of such Excess Collateral.

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 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 is the percentage of the value of the Collateral up to which the Client is permitted to borrow (or otherwise to secure other forms of financial accommodation) from EISHK against the Collateral.

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 has the meaning given to such term in Section IV(a).