Template:Nutshell GMSLA 8.1: Difference between revisions

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{{gmslaprov|8.1}}: Unless it is a Term Loan Lender may terminate a {{gmslaprov|Loan}} and call for {{gmslaprov|Equivalent}} {{gmslaprov|Securities}} by giving notice on any Business Day, It must allowing a standard settlement cycle for the Borrower to return {{gmslaprov|Equivalent}} {{gmslaprov|Securities}}.
{{gmslaprov|8.1}}: Unless it is a Term Loan Lender may terminate a {{gmslaprov|Loan}} and call for {{gmslaprov|Equivalent}} {{gmslaprov|Securities}} by giving notice on any Business Day. Lender must allow the Borrower at least the standard settlement cycle to return {{gmslaprov|Equivalent}} {{gmslaprov|Securities}}.

Revision as of 11:20, 11 December 2015

8.1: Unless it is a Term Loan Lender may terminate a Loan and call for Equivalent Securities by giving notice on any Business Day. Lender must allow the Borrower at least the standard settlement cycle to return Equivalent Securities.