Template:GMSLA 2010 Buy-In: Difference between revisions

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(Created page with "'''{{gmslaprov|Buy-In}}''' means any arrangement under which, in the event of a seller or transferor failing to deliver securities to the buyer or transferee, the buyer or tra...")
 
 
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Latest revision as of 14:05, 17 April 2018

Buy-In means any arrangement under which, in the event of a seller or transferor failing to deliver securities to the buyer or transferee, the buyer or transferee of such securities is entitled under the terms of such arrangement to buy or otherwise acquire securities equivalent to such securities and to recover the cost of so doing from the seller or transferor;