Common use of Margin Excess Clause in Contracts

Margin Excess. At any time after a Purchased Asset has been the subject of a Margin Call, Seller may request that Purchaser re-determine the Market Value of such Purchased Asset. If pursuant to such calculation Purchaser in its sole discretion determines that there exists any Margin Excess with respect to such Purchased Asset, then Purchaser shall, no later than five (5) Business Days after making such determination and subject to the satisfaction of the conditions set forth below, transfer cash to Seller in an amount that does not exceed the Margin Excess of such Purchased Asset, and such transfer shall be reflected as an increase in the outstanding Purchase Price of such Purchased Asset. Any such transfer of cash by Purchaser shall be subject to the following conditions: (i) the transfer is in an amount that is at least equal to $250,000;