Lender’s right to terminate a Loan - GMSLA Provision: Difference between revisions
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Revision as of 11:57, 2 November 2016
Commentary
8.1 in a Nutshell™ (GMSLA edition)
8.1: Lender’s right to terminate a Loan: Unless it is a term Loan, Lender may terminate a Loan and call for Equivalent Securities by giving notice on any Business Day. Lender must allow the Borrower at least the standard settlement cycle to return Equivalent Securities.
Related Provisions
update to anat|gmsla
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