Template:Nutshell GMSLA 8.4: Difference between revisions
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Revision as of 14:42, 1 June 2020
8.4 Delivery of Equivalent Collateral on termination of a Loan
At the point where Borrower is obliged to deliver Equivalent Securities to Lender on termination of a Loan, Lender must simultaneously deliver to Borrower Equivalent Collateral orCash Collateral relating to the Loan.