Income Payments (Buy/Sellback Annex) - GMRA Provision

2000 Global Master Repurchase Agreement A Jolly Contrarian owner’s manual™ Resources and navigation Resources: 2010 GMRA: Full wikitext · Nutshell wikitext Navigation 2000 GMRA Table of Contents · 1 · 2 · 3 · 4 · 5 · 6 · 7 · 8 · 9 · 10 · 11 · 12 · 13 · 14 · 15 · 16 · 17 · 18 · 19 · 20 · 21 · Schedule · Equities Annex: EA 1 · EA 2 · EA 3 · EA 4 · EA 5 · Buy/Sellback Annex · BSA 1 · BSA 2 · BSA 3 · BSA 4 · BNA 5 Index: Click ᐅ to expand: GMRA Paragraph BSA 5 in a Nutshell™ Use at your own risk, campers! BSA 5. No Income Payments Paragraph 5 (Income Payments) does not apply. view template Full text of Paragraph BSA 5 BSA 5. Income Payments Paragraph 5 of the Agreement (relating to Income Payments) shall not apply to Buy/Sell Back Transactions. view template Related agreements and comparisons Related agreements: Click here for the same clause in the 1996 MRA, when we get round to finding out the first thing about it. Comparison: Template:Gmradiff BSA 5 Tell me more Sign up for our newsletter — or just get in touch: for ½ a weekly 🍺 you get to consult JC. Ask about it here.

Content and comparisons

Buy/Sellback Annex
BSA 1 Scope (Buy/Sellback Annex)
BSA 2 Interpretation (Buy/Sellback Annex)
BSA 3 Initiation; Confirmation; Termination (Buy/Sellback Annex)
BSA 4 Margin maintenance: “repricing” (Buy/Sellback Annex)
BSA 5 Income Payments (Buy/Sellback Annex)

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Summary

The key difference between a Repurchase Transaction and a Buy/Sell Back Transaction is that you manufacture income in the first and accrue interest in the second, so, you know: you’d expect a clause like this.

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See also

• Repurchase Transaction
• Buy/Sell Back Transaction

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