Template:M summ GMSLA 17: Difference between revisions

Template:M summ GMSLA 17 (view source)

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-[[File:Dramatic Look Gopher.gif|200px|frameless|right]]Interestingly ICMA’s {{cds}} elected not to use the expression a “single agreement”, so beloved of {{icds}} and the [[ISDA ninja|ninjas]] of the [[eye-ess-dee-aye]]. Why? We may never know. But the point is purely to defeat the mendacious designs of insolvency administrators in far flung locales who may take it into their heads to pick apart valuable Loan exposures in their estate’s favour. That is to say — is that the [[dramatic look gopher]] I hear? — to be a [[cherry-picker]].
+{{single agreement capsule|gmslaprov}}
+====Under the GMSLA specifically====
+[[17 - GMSLA Provision|Interestingly]] ICMA’s {{cds}} elected not to use the expression “[[single agreement]]”, so beloved of {{icds}} and the [[ISDA ninja|ninjas]] of the [[eye-ess-dee-aye]] that is has more or less become a term of art.
+Why so? We may never know. But the point is purely to defeat the mendacious designs of insolvency administrators in far flung locales who may take it into their heads to pick apart valuable Loan exposures in their estate’s favour. That is to say — is that the [[dramatic look gopher]] I hear? — to be a [[cherry-picker]].