Template:M summ Pledge GMSLA 9.2: Difference between revisions

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Note the clear exclusion of indirect and [[consequential loss]]es, as well as losses to which the Transferee is contributorily [[negligent]]. <ref>If you are thinking I just made up the [[adjective]] “contributorily”, and were about to conclude I’m maybe a bit ''[[reckless]]'' you might be interested to know it is actually a [https://en.wiktionary.org/wiki/contributorily word].</ref>
[[9.3 - Pledge GMSLA Provision|Note]] the clear exclusion of indirect and [[consequential loss]]es, as well as losses to which the Transferee is contributorily [[negligent]]. <ref>If you are thinking I just made up the [[adjective]] “contributorily”, and were about to conclude I’m maybe a bit ''[[reckless]]'' you might be interested to know it is actually a [https://en.wiktionary.org/wiki/contributorily word].</ref>


===Default interest===
===Default interest===
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Does it make sense to replace this clause with some convoluted shtick about the costs of {{isdaprov|Replacement Transaction}}s or otherwise hedging the innocent party’s [[exposure]]? To determine follow this flow chart:  
Does it make sense to replace this clause with some convoluted shtick about the costs of {{isdaprov|Replacement Transaction}}s or otherwise hedging the innocent party’s [[exposure]]? To determine follow this flow chart:  


[[File:GS Tree.png|thumb|470px|center|Not called the [[vampire squid]] for nothing, you know.]]
[[File:GS Tree.png|thumb|400px|center|Not called the [[vampire squid]] for nothing, you know.]]