Event of Default on failure to redeliver - OSLA Provision: Difference between revisions

Replaced content with "{{oslaanat|8(G)}}"
(Created page with "{{oslaprov|8(G)}} If the {{oslaprov|Borrower}} or the {{oslaprov|Lender}} for any reason fail to comply with their respective obligations under Clauses {{oslaprov|6(F)}} or {{...")
 
(Replaced content with "{{oslaanat|8(G)}}")
Tag: Replaced
Line 1: Line 1:
{{oslaprov|8(G)}} If the {{oslaprov|Borrower}} or the {{oslaprov|Lender}} for any reason fail to comply with their respective obligations under Clauses {{oslaprov|6(F)}} or {{oslaprov|6(G)}}  in respect of redelivery of {{oslaprov|Equivalent Collateral}} or repayment of {{oslaprov|Cash Collateral}} such failure shall be an {{oslaprov|Event of Default}} for the purposes of this Clause {{oslaprov|8}}, and the person failing to comply shall thus be the {{oslaprov|Defaulting Party}}. <br>
{{oslaanat|8(G)}}