Template:M summ GMSLA 10.3: Difference between revisions

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[[10.3 - GMSLA Provision|A]] provision designed to strike despair into the hearts of litigators and those of an opportunisitic bent who like to see legally-articulated wooliness as some kind of [[option]]: No [[Loss of profit|losses of profit]] (though that is said explicitly elsewhere) no [[punitive damages]], no [[equitable injunction]]s, no absurd [[indemnities]]. Just the dispassionatelycalculated values of {{gmslaprov|Securities}} lent and {{gmslaprov|Collateral}} posted.
[[10.3 - GMSLA Provision|A]] provision designed to strike despair into the hearts of litigators and those of an opportunisitic bent who like to see legally-articulated wooliness as some kind of [[option]]: No [[Loss of profit|losses of profit]] (though that is said explicitly is Clause {{gmslaprov|10.4}}) no [[punitive damages]], no [[equitable injunction]]s, no absurd [[indemnities]]. Just the dispassionatelycalculated values of {{gmslaprov|Securities}} lent and {{gmslaprov|Collateral}} posted.

Latest revision as of 13:53, 28 December 2020

A provision designed to strike despair into the hearts of litigators and those of an opportunisitic bent who like to see legally-articulated wooliness as some kind of option: No losses of profit (though that is said explicitly is Clause 10.4) no punitive damages, no equitable injunctions, no absurd indemnities. Just the dispassionatelycalculated values of Securities lent and Collateral posted.