Template:Nutshell GMRA 2000 10(f): Difference between revisions

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Created page with "{{gmraprov|10(f)}} The {{gmraprov|Defaulting Party}} must pay the {{gmraprov|non-Defaulting Party}} its reasonable professional expenses incurred in connection with an {{gmrap..."
 
 
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Latest revision as of 15:14, 23 February 2020

10(f) The Defaulting Party must pay the non-Defaulting Party its reasonable professional expenses incurred in connection with an Event of Default plus interest calculated at LIBOR or, if the expense relates to a particular Transaction, the higher of LIBOR and the Pricing Rate for that Transaction.