Template:Nutshell GMSLA 10.1(a): Difference between revisions

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(Created page with "{{gmslaprov|10.1(a)}} either party failing to pay or deliver {{gmslaprov|Collateral}} under paragraphs {{gmslaprov|5.1}}, {{gmslaprov|5.4}} or {{gmslaprov|5.5}};")
 
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{{gmslaprov|10.1(a)}} either party failing to pay or deliver {{gmslaprov|Collateral}} under paragraphs {{gmslaprov|5.1}}, {{gmslaprov|5.4}} or {{gmslaprov|5.5}};
:{{gmslaprov|10.1(a)}} '''{{gmslaprov|Failure to Deliver}}''': The failure, when required under Paragraph {{gmslaprov|5}}, of:
::(i) either party to pay or repay {{gmslaprov|Cash Collateral}}; or
::(ii) the {{gmslaprov|Borrower}} to deliver any other {{gmslaprov|Collateral}} to the {{gmslaprov|Lender}}; <br>

Latest revision as of 11:45, 10 September 2018

10.1(a) Failure to Deliver: The failure, when required under Paragraph 5, of:
(i) either party to pay or repay Cash Collateral; or
(ii) the Borrower to deliver any other Collateral to the Lender;