Template:Nutshell GMSLA 10.1(b): Difference between revisions
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Amwelladmin (talk | contribs) Created page with "{{gmslaprov|10.1(b)}} {{gmslaprov|Lender}} or {{gmslaprov|Borrower}} fails to manufacture {{gmslaprov|Income}} under paragraph {{gmslaprov|6.2}} or {{gmslaprov|6.3}} when due..." |
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{{gmslaprov|10.1(b)}} {{gmslaprov|Lender}} or {{gmslaprov|Borrower}} fails to manufacture {{gmslaprov|Income}} | {{gmslaprov|10.1(b)}} '''Unremedied failure to manufacture Income''': {{gmslaprov|Lender}} or {{gmslaprov|Borrower}} fails to manufacture {{gmslaprov|Income}} on {{gmslaprov|Loaned Securities}} or {{gmslaprov|Collateral}} when due and has not remedied that failure within three {{gmslaprov|Business Day}}s of notice from the {{gmslaprov|Non Defaulting Party}} requiring remediation; <br> | ||
Latest revision as of 14:49, 1 August 2019
10.1(b) Unremedied failure to manufacture Income: Lender or Borrower fails to manufacture Income on Loaned Securities or Collateral when due and has not remedied that failure within three Business Days of notice from the Non Defaulting Party requiring remediation;