Template:Nutshell GMSLA 8.2: Difference between revisions
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{{gmslaprov|8.2}} '''{{gmslaprov|Borrower’s right to terminate a Loan}}''' | {{gmslaprov|8.2}} '''{{gmslaprov|Borrower’s right to terminate a Loan}}''': The {{gmslaprov|Borrower}} may terminate a {{gmslaprov|Loan}} at any time and deliver outstanding {{gmslaprov|Equivalent}} {{gmslaprov|Securities}} to {{gmslaprov|Lender}} per its instructions. The {{gmslaprov|Lender}} must accept such delivery. <br> | ||
The {{gmslaprov|Borrower}} may terminate a {{gmslaprov|Loan}} at any time and deliver outstanding {{gmslaprov|Equivalent}} {{gmslaprov|Securities}} to {{gmslaprov|Lender}} per its instructions. The {{gmslaprov|Lender}} must accept such delivery. <br> | |||
Latest revision as of 14:38, 7 July 2020
8.2 Borrower’s right to terminate a Loan: The Borrower may terminate a Loan at any time and deliver outstanding Equivalent Securities to Lender per its instructions. The Lender must accept such delivery.