CONTINUING MARGIN OBLIGATION Clause Samples

The Continuing Margin Obligation clause requires a party to maintain sufficient margin or collateral throughout the duration of a financial contract or trading relationship. In practice, this means that if the value of the underlying assets fluctuates, the party must promptly provide additional funds or securities to ensure the margin requirement is continuously met. This clause serves to protect the counterparty from credit risk by ensuring that adequate collateral is always available to cover potential losses, thereby reducing the risk of default.
CONTINUING MARGIN OBLIGATION. You also have a continuing margin obligation to us to ensure that at all times during which you have opened positions your account balance, that is your total net equity, taking into account all realised or unrealised profits and losses (“P&L”), is equal to at least the margin that we require you to have paid to us for all of your open positions. If there is any shortfall between your account balance (taking into account P&L) and your total margin requirement, you are required to deposit additional funds into your account. These funds are due and payable to us immediately on your account balance (taking into Account P&L) falling below your margin requirement.
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CONTINUING MARGIN OBLIGATION. You also have a continuing Margin obligation to us to ensure that at all times during which you have opened Positions your account balance, that is your Total Net Equity, taking into account all realised or unrealised Profits and Losses (“P&L”), is equal to at least the Margin that we require you to have paid to us for all of your open Positions. If there is any shortfall between your account balance (taking into account P&L) and your total Margin Requirement, you are required to deposit additional funds into your account. These funds are due and payable to us immediately on your account balance (taking into account P&L) falling below your Margin Requirement.
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CONTINUING MARGIN OBLIGATION. You also have a continuing Margin obligation to us to ensure that at all times during which you have opened Positions your account balance, that is your Total Net Equity, taking into account all realised or unrealised Profits and Losses (“P&L”), is equal to at least the Margin that we require you to have paid to us for all of your open Positions. If there is any shortfall between your equity and your total Margin Requirement, you are required to deposit additional funds into your account. These funds are due and payable to us immediately on your equity falling below your Margin Requirement.
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CONTINUING MARGIN OBLIGATION. You also have a continuing Margin obligation to us to ensure that at all times during which you have opened positions your Account balance, that is your total net equity, taking into account all realised or unrealised profits and losses (“P&L”), is equal to at least the Margin that we require you to have paid to us for all of your open positions. If there is any shortfall between your Account balance (taking into Account P&L) and your total Margin Requirement, you are required to deposit additional funds into your Account. These funds are due and payable to us immediately on your Account balance (taking into Account P&L) falling below your Margin Requirement. Australian retail clients must ensure that at all times the net equity of their account is more than 50% of the total initial margin or total margin required f or all of their open positions on that account. Should that net equity fall below 50% Charterprime is required as soon as practicable to begin closing out some or all of the account’s positions to restore the net equity to more than 50%.
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Related to CONTINUING MARGIN OBLIGATION

  • Continuing Obligation The Contractor's duty to indemnify continues in full force and effect, notwithstanding the expiration or early cancellation of the contract, with respect to any claims based on facts or conditions that occurred before expiration or cancellation.

  • Continuing Obligations The rights and obligations of the Parties that, by their nature, would continue beyond the expiration or termination of this Agreement, e.g., "Liability and Risk of Loss" and "Intellectual Property Rights"-related clauses shall survive such expiration or termination of this Agreement.

  • Reasonable and Continuing Obligations Executive agrees that Executive’s obligations under this Section 6 are obligations which will continue beyond the date Executive’s employment terminates and that such obligations are reasonable, fair and equitable in scope. The terms and duration are necessary to protect the Company’s legitimate business interests and are a material inducement to the Company to enter into this Agreement. Executive further acknowledges that the consideration for this Section 6 is his employment or continued employment. Executive will not be paid any additional compensation during this Restricted Period for application or enforcement of the restrictive covenants contained in this Section 6.

  • Payment of Outstanding Indebtedness, etc The Administrative Agent shall have received evidence that immediately after the making of the Loans on the Closing Date, all Indebtedness under the Existing Credit Agreement and any other Indebtedness not permitted by Section 7.04, together with all interest, all payment premiums and all other amounts due and payable with respect thereto, shall be paid in full from the proceeds of the initial Credit Event, and the commitments in respect of such Indebtedness shall be permanently terminated, and all Liens securing payment of any such Indebtedness shall be released and the Administrative Agent shall have received all payoff and release letters, Uniform Commercial Code Form UCC-3 termination statements or other instruments or agreements as may be suitable or appropriate in connection with the release of any such Liens.

  • Continuing Liability Under Collateral Notwithstanding anything herein to the contrary, (i) each Grantor shall remain liable for all obligations under the Collateral and nothing contained herein is intended or shall be a delegation of duties to the Collateral Agent or any Secured Party, (ii) each Grantor shall remain liable under each of the agreements included in the Collateral, including, without limitation, any agreements relating to Pledged Partnership Interests or Pledged LLC Interests, to perform all of the obligations undertaken by it thereunder all in accordance with and pursuant to the terms and provisions thereof and neither the Collateral Agent nor any Secured Party shall have any obligation or liability under any of such agreements by reason of or arising out of this Agreement or any other document related thereto nor shall the Collateral Agent nor any Secured Party have any obligation to make any inquiry as to the nature or sufficiency of any payment received by it or have any obligation to take any action to collect or enforce any rights under any agreement included in the Collateral, including, without limitation, any agreements relating to Pledged Partnership Interests or Pledged LLC Interests, and (iii) the exercise by the Collateral Agent of any of its rights hereunder shall not release any Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral.