Common use of Minimum Transfer Amount Clause in Contracts

Minimum Transfer Amount. Notwith- standing any other provision of this rule, a security-based swap dealer is not required to collect or deliver col- lateral pursuant to this section with respect to a particular counterparty unless and until the total amount of collateral that is required to be col- lected or delivered, and has not yet been collected or delivered, with re- spect to the counterparty is greater than $500,000.