Deposit of Margin Sample Clauses

The 'Deposit of Margin' clause requires one or both parties to provide collateral, known as margin, to secure their obligations under a contract, typically in financial or trading agreements. This margin is usually deposited in the form of cash or approved securities and is held by a designated party, such as a broker or clearinghouse, to cover potential losses or defaults. By mandating the deposit of margin, the clause helps mitigate credit risk and ensures that parties have a financial stake in fulfilling their contractual commitments.
Deposit of Margin. I/We hereby agree to deposit and maintain such Margin and meet immediately on demand all Margin calls and or demands for Variation Adjustments thereto and provide you with such guarantees and other security in such amount, form and within such time and on such terms as you may from time to time designate in relation to the Commodities Account. You shall be entitled to refuse to execute any Instruction for the purpose of Futures Contracts or Option Contracts for me/us unless and until the Margin required by you has been deposited and maintained by me/us.
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Deposit of Margin. (1) The customer shall, when placing trading orders, deposit the margin specified in <Attachment 1>. In such a case, the margin other than the deposit required in cash (referring to margins that are required to be deposited in cash; hereinafter the same shall apply) specified in <Attachment 1> may be deposited in the form of foreign currency or substitute securities, instead of cash (referring to the securities prescribed by the KRX Regulations, which are payable instead of cash; hereinafter the same shall apply) or foreign currency instead of cash. (2) Notwithstanding Paragraph (1), a person, among institutional investors who satisfy the requirements specified by the Enforcement Rules, that is recognized by the Company as having the capability to execute settlement, given the financial soundness, credit status, status of open interest thereof and market conditions, etc. (hereinafter referred to as “eligible institutional investor”), may deposit the margin (hereinafter referred to as “ex post facto margin”) of no less than the amount specified in the Enforcement Rules, until the deadline specified in <Attachment 1>. However, the ex post facto margin for arbitrage trading or hedge trading that the eligible institutional investor deposits to the Company shall not be less than the amount specified in the Enforcement Rules, but lower than the ex post facto margin for other trading. (3) Derivatives account shall be classified into prior margin accounts (referring to derivatives accounts for the deposit of prior margin; hereinafter the same) and ex post facto margin accounts (referring to derivatives accounts for the deposit of ex post facto margin; hereinafter the same). (4) Ex post facto margin accounts shall be classified into the following derivatives accounts: 1. General ex post facto margin account (referring to a derivatives account for the deposit of ex post facto margins in accordance with Paragraph (2); hereinafter the same shall apply); and
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Related to Deposit of Margin

  • Deposit of Proceeds Subject to Section 4(b), any interest, cash dividends or other cash distributions received in respect of any Investments and the net proceeds of any sale or payment of any Investments shall be promptly credited to, and held for the credit of the Reserve Account, and any distribution of property other than cash in respect of any Investment shall be credited to, and held for the credit of, the Reserve Account.

  • Deposit of Collections The Borrower shall promptly (but in no event later than two Business Days after receipt) deposit or cause to be deposited into the Collection Account any and all Available Collections received by the Borrower, the Servicer or any of their Affiliates.

  • Deposit of Funds Before 11:00 A.M., New York City time, on each Redemption Date, Fundamental Change Repurchase Date or Interest Payment Date, and on the Maturity Date or any other date on which any cash amount is due on the Notes, the Company will deposit, or will cause there to be deposited, with the Paying Agent cash, in funds immediately available on such date, sufficient to pay the cash amount due on the applicable Notes on such date. The Paying Agent will return to the Company, as soon as practicable, any money not required for such purpose.

  • DEPOSIT OF FUNDS REQUIREMENTS Funds may be deposited to any account, in any manner approved by the Credit Union in accordance with the requirements set forth in the Truth-in-Savings Disclosure. Deposits made by mail, at night depositories, or at unstaffed facilities are not our responsibility until we receive them. We reserve the right to refuse or to return any deposit.

  • DEPOSIT OF ITEMS You may make deposits to Your Account using any method available from Us, including deposits in person, by mail or electronic means. We have the right to refuse to accept any check or instrument for deposit at Our sole discretion. If You deposit an item and it is returned unpaid, We will debit Your Account for the amount of the item and charge You a fee. You will be liable to Us for the amount of any item You deposit which is returned unpaid, and in addition, will be responsible for any of Our costs and expenses incurred in the collection of such returned item from You, including reasonable attorneys' fees. Subject to Our Funds Availability Policy, You may not be able to withdraw funds from Your Account until We have received final settlement for any items deposited. If You make a deposit on a Saturday, Sunday, or a holiday, or after Our predetermined cut-off hour on business days, the deposit will be credited to Your Account as of the next business day.