Template:Nutshell GMSLA 10.1(d): Difference between revisions

Revision as of 15:00, 1 August 2019

10.1(d) Act of Insolvency: An Act of Insolvency occurring to Lender or Borrower. If Automatic Early Termination applies, if anyone presents a winding up petition or appoints a liquidator, it will be an Automatic Early Termination and the Non Defaulting Party need not serve written notice.

Revision as of 18:45, 20 November 2017 view source Amwelladmin (talk \| contribs) Bureaucrats, Interface administrators, Administrators 88,426 edits Created page with "{{gmslaprov\|10.1(d)}} An {{gmslaprov\|Act of Insolvency}} occurring with respect to {{gmslaprov\|Lender}} or {{gmslaprov\|Borrower}}. If {{gmslaprov\|Automatic Early Termination}}..."		Revision as of 15:00, 1 August 2019 view source Amwelladmin (talk \| contribs) Bureaucrats, Interface administrators, Administrators 88,426 edits No edit summary Newer edit →
Line 1:		Line 1:
	{{gmslaprov\|10.1(d)}} An {{gmslaprov\|Act of Insolvency}} occurring ~~with respect~~ to {{gmslaprov\|Lender}} or {{gmslaprov\|Borrower}}. If {{gmslaprov\|Automatic Early Termination}} applies, if anyone presents a winding up petition or appoints a liquidator, it will be an {{gmslaprov\|Automatic Early Termination}} and the {{gmslaprov\|Non Defaulting Party}} need not serve written notice. <br>		{{gmslaprov\|10.1(d)}} '''{{gmslaprov\|Act of Insolvency}}''': An {{gmslaprov\|Act of Insolvency}} occurring to {{gmslaprov\|Lender}} or {{gmslaprov\|Borrower}}. If {{gmslaprov\|Automatic Early Termination}} applies, if anyone presents a winding up petition or appoints a liquidator, it will be an {{gmslaprov\|Automatic Early Termination}} and the {{gmslaprov\|Non Defaulting Party}} need not serve written notice. <br>