Template:GMSLA 2010 Collateral: Difference between revisions
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'''{{gmslaprov|Collateral}}''' means such securities or financial instruments or transfers of currency as are referred to in the table set out under paragraph 1 of the {{gmslaprov|Schedule}} as being acceptable or any combination thereof as agreed between the {{gmslaprov|Parties}} in relation to any particular {{gmslaprov|Loan}} and which are delivered by {{gmslaprov|Borrower}} to {{gmslaprov|Lender}} in accordance with this {{gmslaprov|Agreement}} and shall include {{gmslaprov|Alternative Collateral}} | '''{{gmslaprov|Collateral}}''' means such securities or financial instruments or transfers of currency as are referred to in the table set out under paragraph 1 of the {{gmslaprov|Schedule}} as being acceptable or any combination thereof as agreed between the {{gmslaprov|Parties}} in relation to any particular {{gmslaprov|Loan}} and which are delivered by {{gmslaprov|Borrower}} to {{gmslaprov|Lender}} in accordance with this {{gmslaprov|Agreement}} and shall include {{gmslaprov|Alternative Collateral}}; <br> | ||
Latest revision as of 15:38, 5 October 2017
Collateral means such securities or financial instruments or transfers of currency as are referred to in the table set out under paragraph 1 of the Schedule as being acceptable or any combination thereof as agreed between the Parties in relation to any particular Loan and which are delivered by Borrower to Lender in accordance with this Agreement and shall include Alternative Collateral;