Template:Nutshell GMRA 10(b): Difference between revisions

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{{gmraprov|10(b)}} The {{gmraprov|Repurchase Date}} for each {{gmraprov|Transaction}} hereunder shall be [[deemed]] immediately to occur and, subject to the  following provisions, all {{gmraprov|Cash Margin}} (including interest accrued) shall be immediately repayable and  {{gmraprov|Equivalent Margin Securities}} shall be immediately deliverable (and so that, where this sub paragraph applies, performance of the respective obligations of the parties with respect to the delivery of {{gmraprov|Securities}}, the payment of the {{gmraprov|Repurchase Price}}s for any {{gmraprov|Equivalent Securities}} and the repayment of any {{gmraprov|Cash Margin}} shall be effected only in accordance with the provisions of sub paragraph {{gmraprov|10(c)}} below).<br>
{{gmraprov|10(b)}} The {{gmraprov|Repurchase Date}} for each {{gmraprov|Transaction}} will occur immediately, all {{gmraprov|Cash Margin}}) will be repayable with accrued interest immediately, {{gmraprov|Equivalent Margin Securities}} will be immediately deliverable (so that, where this sub paragraph applies, the parties’ respective delivery and payment obligations must be made in accordance with the provisions of sub paragraph {{gmraprov|10(c)}} below).<br>

Revision as of 14:50, 16 July 2022

10(b) The Repurchase Date for each Transaction will occur immediately, all Cash Margin) will be repayable with accrued interest immediately, Equivalent Margin Securities will be immediately deliverable (so that, where this sub paragraph applies, the parties’ respective delivery and payment obligations must be made in accordance with the provisions of sub paragraph 10(c) below).

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