Examples of Minimum Margin in a sentence
The remaining portion of the monthly Margin shall be transferred to Dental Cooperative as payment of the Dental Cooperative Margin Allocation in the manner agreed under Section 2.3. Notwithstanding the foregoing, under no circumstances shall the monthly amount transferred by Provider to Dental Cooperative pursuant to this Section 2.2 be calculated at a Margin amount that is less than the Minimum Margin calculated on 1/12 of the annual Base Collections.
For example, if Collections were $1,000,000 and operating expenses were $650,000, for purposes of calculating the Dental Cooperative Margin Allocation would be calculated using Margin of $400,000 (the Minimum Margin in this example).
SG may change such requirements from time to time for existing as well as new Transactions at SG ’s commercially reasonable discretion upon notice to Customer; provided however that, except in the situations described in the following sentence, no such change shall exceed 200% of the applicable Exchange Minimum Margin Requirements.
For example, if Collections were $1,000,000 and operating expenses were $650,000, the Dental Cooperative Margin Allocation would be calculated using a Margin of $400,000 (the Minimum Margin in this example).
Notwithstanding any other provision of this Agreement or any other Basic Document to the contrary, if OOLWC effects all or any portion of a Minimum Margin Contribution, the Company shall immediately (x) Pledge to the Note Purchaser all Qualified Substitution Loans, together with all Other Assets related thereto, and (y) pay, or cause to be paid, to the Note Purchaser, all cash contributed to the Company by OOLWC in response to the precipitating Margin Option.