Common use of Form of margin Clause in Contracts

Form of margin. Unless otherwise agreed, ▇▇▇▇▇▇ must be paid in cash. The currency of the cash Margin you pay to us shall be the currency of the relevant underlying Transaction (if applicable) or as we may in our discretion reasonably decide from time to time. As specified in Section 10.1 (Title Transfer of Funds), cash Margin is paid to us as an outright transfer of title and you will not retain any interest in it. ▇▇▇▇ ▇▇▇▇▇▇ received by us will be recorded by us as a cash repayment obligation owed by us to you. You are required at all times to maintain in your Account sufficient Funds to meet all Margin requirements.

Appears in 3 contracts

Sources: Odp to FSP Liquidity Terms, Terms of Business, Terms of Business