Template:Nutshell GMSLA 11.5: Difference between revisions
Jump to navigation
Jump to search
Amwelladmin (talk | contribs) (Created page with "{{gmslaprov|11.5}}. If the {{gmslaprov|Non Defaulting Party}} <br> :(A) cannot buy or sell securities (per {{gmslaprov|11.4(a)}}) or obtain quotations (per {{gmslaprov|11.4(b)...") |
(No difference)
|
Revision as of 11:37, 25 January 2018
11.5. If the Non Defaulting Party
- (A) cannot buy or sell securities (per 11.4(a)) or obtain quotations (per 11.4(b)); or
- (B) determines it would not be commercially reasonable to do so (or use any 11.4(b) quotations which did get);
it may determine the Net Value of Equivalent Securities or Collateral and treat it as the relevant Default Market Value.