Common use of Collateral Threshold Clause in Contracts

Collateral Threshold. [x] Not Applicable [ ] If applicable, complete the following: Party B Collateral Threshold: ; provided, however, that Party B's Collateral Threshold shall be zero if an Event of Default or Potential Event of Default with respect to Party B has occurred and is continuing.

Collateral Threshold. [x] Not Applicable [ ] If applicable, complete the following: Party B Collateral Threshold: :; provided, however, that Party B's Collateral Threshold shall be zero if an Event of Default or Potential Event of Default with respect to Party B has occurred and is continuing.. Party B Independent Amount: [$_____] Party B Rounding Amount: [$________]