Template:GMRA 2000 10(a): Difference between revisions

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{{gmraprov|10(a)}} If any of the following events (each an “'''{{gmraprov|Event of Default}}'''”) occurs in relation to either party (the “'''{{gmraprov|Defaulting  Party}}'''”, the other party being the “'''{{gmraprov|Non-Defaulting Party}}'''”) whether acting as {{gmraprov|Seller}} or {{gmraprov|Buyer}}  - <br>
{{gmraprov|10(a)}} If any of the following events (each an “'''{{gmraprov|Event of Default}}'''”) occurs in relation to either party (the “'''{{gmraprov|Defaulting  Party}}'''”, the other party being the “'''{{gmraprov|Non-Defaulting Party}}'''”) whether acting as {{gmraprov|Seller}} or {{gmraprov|Buyer}}  - <br>
{{2000 GMRA 10(a)(i)}}
{{2000 GMRA 10(a)(i)}}
:{{gmraprov|10(a)(ii)}} if the parties have specified in Annex I hereto that this sub paragraph shall apply, {{gmraprov|Seller}} fails to deliver {{gmraprov|Purchased Securities}} on the {{gmraprov|Purchase Date}} or {{gmraprov|Buyer}} fails to deliver Equivalent  Securities on the {{gmraprov|Repurchase Date}} , and the {{gmraprov|Defaulting Party}} serves a {{gmraprov|Default Notice}} on the {{gmraprov|Defaulting Party}}; or <br>
{{2000 GMRA 10(a)(ii)}}
:{{gmraprov|10(a)(iii)}} {{gmraprov|Seller}} or {{gmraprov|Buyer}} fails to pay when due any sum payable under sub paragraph (g) or (h) below, and the {{gmraprov|Defaulting Party}} serves a {{gmraprov|Default Notice}} on the {{gmraprov|Defaulting Party}}; or <br>
:{{gmraprov|10(a)(iii)}} {{gmraprov|Seller}} or {{gmraprov|Buyer}} fails to pay when due any sum payable under sub paragraph (g) or (h) below, and the {{gmraprov|Defaulting Party}} serves a {{gmraprov|Default Notice}} on the {{gmraprov|Defaulting Party}}; or <br>
:{{gmraprov|10(a)(iv)}} {{gmraprov|Seller}} or {{gmraprov|Buyer}} fails to comply with paragraph 4 and the {{gmraprov|Defaulting Party}} serves a {{gmraprov|Default Notice}} on the {{gmraprov|Defaulting Party}}; or <br>
:{{gmraprov|10(a)(iv)}} {{gmraprov|Seller}} or {{gmraprov|Buyer}} fails to comply with paragraph 4 and the {{gmraprov|Defaulting Party}} serves a {{gmraprov|Default Notice}} on the {{gmraprov|Defaulting Party}}; or <br>