Template:Pledge GMSLA 2018 4.3: Difference between revisions
Jump to navigation
Jump to search
Amwelladmin (talk | contribs) Created page with "{{gmslaprov|4.3}} '''{{gmslaprov|Deliveries of Income}}''' <br> In respect of {{gmslaprov|Income}} being paid in relation to any {{gmslaprov|Loaned Securities}}, {{gmslaprov|B..." |
Amwelladmin (talk | contribs) No edit summary |
||
| Line 1: | Line 1: | ||
{{ | {{pgmslaprov|4.3}} '''{{pgmslaprov|Deliveries of Income}}''' <br> | ||
In respect of {{ | In respect of {{pgmslaprov|Income}} being paid in relation to any {{pgmslaprov|Loaned Securities}}, {{pgmslaprov|Borrower}} shall provide to {{pgmslaprov|Lender}} any endorsements or assignments as shall be customary and appropriate to effect, in accordance with paragraph {{pgmslaprov|6}}, the payment or delivery of money or property in respect of such {{pgmslaprov|Income}} to {{pgmslaprov|Lender}}, irrespective of whether {{pgmslaprov|Borrower}} received such endorsements or assignments in respect of any {{pgmslaprov|Loaned Securities}}. <br> | ||
Revision as of 12:31, 8 August 2019
4.3 Deliveries of Income
In respect of Income being paid in relation to any Loaned Securities, Borrower shall provide to Lender any endorsements or assignments as shall be customary and appropriate to effect, in accordance with paragraph 6, the payment or delivery of money or property in respect of such Income to Lender, irrespective of whether Borrower received such endorsements or assignments in respect of any Loaned Securities.