Template:GMSLA 2010 7.1: Difference between revisions

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{{gmslaprov|7.1}} '''{{gmslaprov|Rates in respect of Loaned Securities}}'''<br />
{{gmslaprov|7.1}} '''{{gmslaprov|Rates in respect of Loaned Securities}}''': In respect of each {{gmslaprov|Loan}}, {{gmslaprov|Borrower}} shall pay to {{gmslaprov|Lender}}, in the manner prescribed in sub paragraph {{gmslaprov|7.3}}, sums calculated by applying such rate as shall be agreed between the {{gmslaprov|Parties}} [[from time to time]] to the daily {{gmslaprov|Market Value}} of the {{gmslaprov|Loaned Securities}}.<br />
In respect of each {{gmslaprov|Loan}}, {{gmslaprov|Borrower}} shall pay to {{gmslaprov|Lender}}, in the manner prescribed in sub paragraph {{gmslaprov|7.3}}, sums calculated by applying such rate as shall be agreed between the {{gmslaprov|Parties}} from time to time to the daily {{gmslaprov|Market Value}} of the {{gmslaprov|Loaned Securities}}.<br />

Latest revision as of 10:49, 7 July 2020

7.1 Rates in respect of Loaned Securities: In respect of each Loan, Borrower shall pay to Lender, in the manner prescribed in sub paragraph 7.3, sums calculated by applying such rate as shall be agreed between the Parties from time to time to the daily Market Value of the Loaned Securities.