Template:M comp gmsla: Difference between revisions

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{| class="wikitable"  style="width: 100%; text-align: center; background:white;
{| class="wikitable"  style="width: 100%; text-align: center; background:white;
|+ {{plainlink|https://en.wikipedia.org/wiki/The_Varieties_of_Religious_Experience|The Varieties of ISDA Experience}}
|+ {{plainlink|https://en.wikipedia.org/wiki/The_Varieties_of_Religious_Experience|The Varieties of Stock Lending Experience}}
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! style="width: 25%; text-align: left;"|Subject !! 2002 [[2002 ISDA wikitext|(wikitext)]]!! 1992 [[1992 ISDA wikitext|(wikitext)]] !! 1987 [[1987 ISDA wikitext|(wikitext)]]
! style="width: 25%;| Subject !! 2010 GMSLA !! 2018<br>Pledge GMSLA !! 1995 OSLA
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| style="width: 25%; text-align: left;"|  Preamble || style="width: 25%"|  [[Preamble - ISDA Provision|Pre]] ||style="width: 25%"| [[Preamble - 1992 ISDA Provision|Pre]] || style="width: 25%"| [[Preamble - 1987 ISDA Provision|Pre]]
| Applicability/Preamble || {{gmslaprov|1}} || {{pgmslaprov|1}} || {{oslaprov|Preamble}}
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| style="text-align: left;"|Interpretation || {{isdaprov|1}} || {{isda92prov|1}} || {{isda87prov|1}}
| Interpretation || {{gmslaprov|2}} || {{pgmslaprov|2}} || {{oslaprov|1}}
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| style="text-align: left;"|Obligns/Payment|| {{isdaprov|2}} || {{isda92prov|2}} || {{isda87prov|2}}
| Definitions || {{gmslaprov|2.1}} || {{pgmslaprov|2.1}} || {{oslaprov|1}}
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| style="text-align: left;"|Representations || {{isdaprov|3}} || {{isda92prov|3}} || {{isda87prov|3}}
| Loans of Securities || {{gmslaprov|3}} || {{pgmslaprov|3}} || {{oslaprov|2}}
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| style="text-align: left;"|Agreements  ||{{isdaprov|4}} || {{isda92prov|4}} ||{{isda87prov|4}}
| Delivery || {{gmslaprov|4}} || {{pgmslaprov|4}} || {{oslaprov|3}}
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| style="text-align: left;"|EODs & Term Events ||{{isdaprov|5}} '''{{isdaprov|Events of Default}}''': {{isdaprov|FTPD}} • {{isdaprov|Breach}} • {{isdaprov|CSD}} • {{isdaprov|Misrep}} • {{isdaprov|DUST}} • {{isdaprov|Cross Default}} • {{isdaprov|Bankruptcy}} • {{isdaprov|MWA}} '''{{isdaprov|Termination Events}}''': {{isdaprov|Illegality}} • {{isdaprov|FM}} • {{isdaprov|Tax Event}} • {{isdaprov|TEUM}} • {{isdaprov|CEUM}} • {{isdaprov|ATE}}
| Collateral || {{gmslaprov|5}} || {{pgmslaprov|5}} || {{oslaprov|6}}
|| {{isda92prov|5}} '''{{isda92prov|Events of Default}}''': {{isda92prov|FTPD}} • {{isda92prov|Breach}} • {{isda92prov|CSD}} • {{isda92prov|Misrep}} • {{isda92prov|DUST}} • {{isda92prov|Cross Default}} • {{isda92prov|Bankruptcy}} • {{isda92prov|MWA}} '''{{isda92prov|Termination Events}}''': {{isda92prov|Illegality}} • {{isda92prov|Tax Event}} • {{isda92prov|TEUM}} • {{isda92prov|CEUM}} • {{isda92prov|ATE}}
||{{isda87prov|5}} '''{{isda87prov|Events of Default}}''': {{isda87prov|FTPD}} • {{isda87prov|Breach}} • {{isda87prov|CSD}} • {{isda87prov|Misrep}} • {{isda87prov|DUSS}} • {{isda87prov|Cross Default}} • {{isda87prov|Bankruptcy}} • {{isda87prov|MWA}} '''{{isda87prov|Termination Events}}''': {{isda87prov|Illegality}} • {{isda87prov|Tax Event}} • {{isda87prov|TEUM}} • {{isda87prov|CEUM}}  
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| style="text-align: left;"|Early Termination ||{{isdaprov|6}} '''{{isdaprov|Early Termination}}''': [[Right to Terminate Following Event of Default - ISDA Provision|ET right on EOD]] • [[Right to Terminate Following Termination Event - ISDA Provision|ET right on TE]] • {{isdaprov|Effect of Designation}} • {{isdaprov|Calculations; Payment Date}} • [[Payments on Early Termination - ISDA Provision|Payments on ET]] • {{isdaprov|Set-off}}
| Distributions and Corporate Actions || {{gmslaprov|6}} || {{pgmslaprov|6}} || {{oslaprov|4}} (“{{oslaprov|Rights and Title}}”)
|| {{isda92prov|6}} '''{{isda92prov|Early Termination}}''': [[Right to Terminate Following Event of Default - 1992 ISDA Provision|ET right on EOD]] • [[Right to Terminate Following Termination Event - 1992 ISDA Provision|ET right on TE]] • {{isda92prov|Effect of Designation}} {{isda92prov|Calculations}} • [[Payments on Early Termination - 1992 ISDA Provision|Payments on ET]] • ''{{isda92prov|Set-off}}''
||{{isda87prov|6}} '''{{isda87prov|Early Termination}}''': [[Right to Terminate Following Event of Default - ISDA Provision|ET right on EOD]] • [[Right to Terminate Following Termination Event - ISDA Provision|ET right on TE]] • {{isda87prov|Effect of Designation}} • {{isda87prov|Calculations}} •  [[Payments on Early Termination - 1987 ISDA Provision|Payments on ET]]
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| style="text-align: left;"|Transfer ||{{isdaprov|7}} || {{isda92prov|7}} ||{{isda87prov|7}}
| Rates for Loans and Collateral || {{gmslaprov|7}} || {{pgmslaprov|7}} || {{oslaprov|4}}
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| style="text-align: left;"|Contractual Currency ||{{isdaprov|8}} || {{isda92prov|8}} ||{{isda87prov|8}}
| Delivery of Equivalent Securities || {{gmslaprov|8}} || {{pgmslaprov|8}} || {{oslaprov|7}}
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| style="text-align: left;"|Miscellaneous  ||{{isdaprov|9}} || {{isda92prov|9}} ||{{isda87prov|9}}
| Failure to Deliver || {{gmslaprov|9}} || {{pgmslaprov|9}} || N/A
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| style="text-align: left;"|Offices; Multibranch Parties ||{{isdaprov|10}} || {{isda92prov|10}} ||{{isda87prov|10}}
| Events of Default || {{gmslaprov|10}} || {{pgmslaprov|10}} || {{oslaprov|12}}
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| style="text-align: left;"|Expenses ||{{isdaprov|11}} || {{isda92prov|11}} ||{{isda87prov|11}}
| Consequences of Events of Default || {{gmslaprov|11}} || {{pgmslaprov|11}} || {{oslaprov|8}} (“{{oslaprov|Set-off}}”)
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| style="text-align: left;"|Notices ||{{isdaprov|12}} || {{isda92prov|12}} ||{{isda87prov|12}}
| Taxation || {{gmslaprov|12}} || {{pgmslaprov|12}} || {{oslaprov|9}}
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| style="text-align: left;"|Governing Law|| {{isdaprov|13}} || {{isda92prov|13}} || {{isda87prov|13}}
| Lender's Warranties || {{gmslaprov|13}} || {{pgmslaprov|13}} || {{oslaprov|10}}
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| style="text-align: left;"|Definitions  || {{isdaprov|14}} || {{isda92prov|14}} || {{isda87prov|14}}
| Borrower's Warranties || {{gmslaprov|14}} || {{pgmslaprov|14}} || {{oslaprov|11}}
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| style="text-align: left;"|Schedule|| {{isdaprov|Schedule}} || {{isda92prov|Schedule}} || {{isda87prov|Schedule}}
| Interest on Outstanding Payments || {{gmslaprov|15}} || {{pgmslaprov|15}} || {{oslaprov|13}}
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| style="text-align: left;"|Termination Provisions|| {{isdaprov|Part 1}} || {{isda92prov|Part 1}} || {{isda87prov|Part 1}}
| Termination of Agreement || {{gmslaprov|16}} || {{pgmslaprov|16}} || {{oslaprov|15}}
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| style="text-align: left;"|Tax Representations|| {{isdaprov|Part 2}} || {{isda92prov|Part 2}} || {{isda87prov|Part 2}}
| Single Agreement || {{gmslaprov|17}} || {{pgmslaprov|17}} || N/A
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| style="text-align: left;"|Documents for Delivery|| {{isdaprov|Part 3}} || {{isda92prov|Part 3}} || {{isda87prov|Part 3}}
| Severance || {{gmslaprov|18}} || {{pgmslaprov|18}} ||   {{oslaprov|18}}
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| style="text-align: left;"|Miscellaneous|| {{isdaprov|Part 4}} || {{isda92prov|Part 4}} || {{isda87prov|Part 4}}
| Specific Performance || {{gmslaprov|19}} || {{pgmslaprov|19}} ||  {{oslaprov|19}}
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| Notices || {{gmslaprov|20}} || {{pgmslaprov|20}} || {{oslaprov|20}}
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| Assignment || {{gmslaprov|21}} || {{pgmslaprov|21}} || {{oslaprov|21}}
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| Non-Waiver || {{gmslaprov|22}} || {{pgmslaprov|21}} || {{oslaprov|22}}
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| Governing Law and Jurisdiction || {{gmslaprov|23}} || {{pgmslaprov|23}} || {{oslaprov|26}}
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| Time || {{gmslaprov|24}} || {{pgmslaprov|24}} || {{oslaprov|24}}
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| Recording || {{gmslaprov|25}} || {{pgmslaprov|25}} || {{oslaprov|25}}
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| Waiver of Immunity || {{gmslaprov|26}} || {{pgmslaprov|26}} || N/A
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| Expenses || N/A || {{pgmslaprov|27}} || N/A
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| Miscellaneous || {{gmslaprov|27}} || {{pgmslaprov|28}} || N/A
{{aligntop}} | Transactions Entered Into as Agent || {{gmslaprov|Agency Annex}} || {{pgmslaprov|14}} || {{oslaprov|15}}
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| style="text-align: left;"|Other Provisions|| {{isdaprov|Part 5}} ||  {{isda92prov|Part 5}} || {{isda87prov|Part 5}}
|}</div>
|}</div>

Latest revision as of 09:35, 20 September 2024

The Varieties of Stock Lending Experience
Subject 2010 GMSLA 2018
Pledge GMSLA
1995 OSLA
Applicability/Preamble 1 1 Preamble
Interpretation 2 2 1
Definitions 2.1 2.1 1
Loans of Securities 3 3 2
Delivery 4 4 3
Collateral 5 5 6
Distributions and Corporate Actions 6 6 4 (“Rights and Title”)
Rates for Loans and Collateral 7 7 4
Delivery of Equivalent Securities 8 8 7
Failure to Deliver 9 9 N/A
Events of Default 10 10 12
Consequences of Events of Default 11 11 8 (“Set-off”)
Taxation 12 12 9
Lender's Warranties 13 13 10
Borrower's Warranties 14 14 11
Interest on Outstanding Payments 15 15 13
Termination of Agreement 16 16 15
Single Agreement 17 17 N/A
Severance 18 18 18
Specific Performance 19 19 19
Notices 20 20 20
Assignment 21 21 21
Non-Waiver 22 21 22
Governing Law and Jurisdiction 23 23 26
Time 24 24 24
Recording 25 25 25
Waiver of Immunity 26 26 N/A
Expenses N/A 27 N/A
Miscellaneous 27 28 N/A