Template:Nutshell GMSLA 8.1: Difference between revisions

Revision as of 15:06, 19 June 2019

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.

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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. Lender must allow the Borrower at least the standard settlement cycle to return {{gmslaprov\|Equivalent}} {{gmslaprov\|Securities}}.		{{gmslaprov\|8.1}}: Unless it is a [[Term stock loan\|term Loan]], {{gmslaprov\|Lender}} may terminate a {{gmslaprov\|Loan}} and call for {{gmslaprov\|Equivalent}} {{gmslaprov\|Securities}} by giving notice on any {{gmslaprov\|Business Day}}. {{gmslaprov\|Lender}} must allow the {{gmslaprov\|Borrower}} at least the [[standard settlement cycle]] to return {{gmslaprov\|Equivalent}} {{gmslaprov\|Securities}}. <br>