Non Cash Collateral - GMSLA Provision: Difference between revisions

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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.

Revision as of 16:32, 2 May 2019

GMSLA Anatomy™


In a Nutshell™ Clause Non Cash Collateral:

Non Cash Collateral means Collateral that isn't cash;
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2010 GMSLA full text of Clause Non Cash Collateral:

Non Cash Collateral means Collateral other than Cash Collateral;
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2010 GMSLA: Full wikitext · Nutshell wikitext | GMLSA legal code | GMSLA Netting

Pledge GMSLA: Hard copy (ISLA) · Full wikitext · Nutshell wikitext |
1995 OSLA: OSLA wikitext | OSLA in a nutshell | GMSLA/PGMSLA/OSLA clause comparison table
From Our Friends On The Internet: Guide to equity finance | ISLA’s guide to securities lending for regulators and policy makers

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2018 Pledge GMSLA 1 · 2 · 3 · 4 · 5 · 6 · 7 · 8 · 9 · 10 · 11 · 12 · 13 · 14 · 15 · 16 · 17 · 18 · 19 · 20 · 21 · 22 · 23 · 24 · 25 · 26 · 27 · 28 · Schedule · Agency Annex

Stock lending agreement comparison: Includes navigation for the 2000 GMSLA and the 1995 OSLA

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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, snails in gingerbeer, constructive estoppel and laches?

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”.

It means, sirs, collateral that isn't cash.

Well you don't say.

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