Margin lock-up: Difference between revisions

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{{a|pb|}}Notwithstanding all the [[Event of Default|apocalyptic rights]] I have given myself in our {{pbprov|prime brokerage agreement}}, I agree not to increase my [[initial margin]] requirements on any product or boost any of my [[interest rate|financing rates]] with out X days notice, or any of the apocalyptic events I mention in this here [[margin lock-up]] — let’s call these {{pbprov|Lockup termination event}}s — have come about.
{{a|pb|}}Notwithstanding all the [[Event of Default|apocalyptic rights]] I have given myself in our {{pbprov|prime brokerage agreement}}, I agree not to increase my [[initial margin]] requirements on any product or boost any of my [[interest rate|financing rates]] with out X days notice, or any of the apocalyptic events I mention in this here [[margin lock-up]] — let’s call these {{pbprov|Lockup termination event}}s — have come about.
 
===Lockup termination events===
{{pbprov|Lockup termination event}}s should be more sensitive than outright EODs and ATEs under the ISDA and PB docs. In practice, currently, they tend not to be.  
{{pbprov|Lockup termination event}}s should be more sensitive than outright EODs and ATEs under the ISDA and PB docs. In practice, currently, they tend not to be.