Template:Nutshell GMRA BSA 1: Difference between revisions

Revision as of 08:46, 1 June 2022

BSA 1 Scope
(a) The parties may enter Buy/Sell Back Transactions under this Agreement.
(b) Where they do, Agreement will be amended by paragraphs 3 to 5 of this Annex.

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 {{gmraprov|BSA 1}} '''[[Scope (Buy/Sellback Annex) - GMRA Provision|Scope]]''' <br>
-(a) The parties have agreed that the {{gmraprov|Transactions}} to which this {{gmraprov|Agreement}} applies may include {{gmraprov|Buy/Sell Back Transactions}}.<ref>NB the TBMA/ISMA version has a typo and says “Buy/Sell Transactions”</ref><br>
+(a) The parties may enter {{gmraprov|Buy/Sell Back Transactions}} under this {{gmraprov|Agreement}}.<br>
-(b) In relation to {{gmraprov|Buy/Sell Back Transactions}}, the {{gmraprov|Agreement}} shall be construed as if it had been amended and supplemented as set out in paragraphs [[BSA 3 - GMRA Provision|3]] to [[BSA 5 - GMRA Provision|5]] of this Annex. <br>
+(b) Where they do, {{gmraprov|Agreement}} will be amended by paragraphs [[BSA 3 - GMRA Provision|3]] to [[BSA 5 - GMRA Provision|5]] of this [[Buy/Sellback Annex - GMRA Provision|Annex]]. <br>