Non Cash Collateral - GMSLA Provision: Difference between revisions

Non Cash Collateral - GMSLA Provision (view source)

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-{{gmslasnap|Non_Cash_Collateral}}
+{{gmslaanat|Non Cash Collateral}}
-====Commentary====
+Definitions like this can give you those moments that genuinely makes you proud to be a lawyer. You know, all that slogging through [[offer]], [[acceptance]] and [[consideration]], [[Donoghue v Stevenson - Case Note|snails in gingerbeer]], [[constructive]] [[estoppel]] and [[laches]]?
-====See Also====
+All that was preparation for the revelation — now, when there is so much money down you have to keep investing — that the finest minds in your profession can get together and think it is necessary and valuable to define the expression “non-cash collateral”.
-{{anat|gmsla}}
+It means, sirs, collateral that isn't cash.
+Well you don't say.