Common use of Return Amount Clause in Contracts

Return Amount. Subject to Paragraph 4, upon a demand made by the Pledgor on or promptly following a Valuation Date, if the Return Amount for that Valuation Date equals or exceeds the Secured Party’s Minimum Transfer Amount, then the Secured Party will Transfer to the Pledgor Posted Collateral specified by the Pledgor in that demand having a Value as of the date of Transfer as close as practicable to the applicable Return Amount (rounded down to the nearest USD 10,000). The “Return Amount” applicable to the Secured Party for any Valuation Date will equal the amount by which:

Return Amount. Subject to Paragraph 4Paragraphs 4 and 5, upon a demand made by the Pledgor on or promptly following a Valuation Date, if the Return Amount for that Valuation Date equals or exceeds the Secured Party’s Minimum Transfer Amount, then the Secured Party will Transfer to the Pledgor Posted Collateral specified by the Pledgor in that demand having a Value as of the date of Transfer as close as practicable equal to the applicable Return Amount (rounded down to the nearest USD 10,000)Amount. The “Return Amount” applicable to the Secured Party for any Valuation Date will equal the amount by which: