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Template:M summ GMSLA 11.5: Difference between revisions
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If it can’t determine a {{gmslaprov|Default Market Value}} under {{gmslaprov|11.2}}, {{gmslaprov|11.3}} and {{gmslaprov|11.4}}, the {{gmslaprov|Non Defaulting Party}} can just make one up. | [[11.5 - GMSLA Provision|If]] it can’t determine a {{gmslaprov|Default Market Value}} under {{gmslaprov|11.2}}, {{gmslaprov|11.3}} and {{gmslaprov|11.4}}, the {{gmslaprov|Non Defaulting Party}} can just make one up. | ||
Within reason, of course. | Within reason, of course. | ||
where this is a real Event of Default, it will be what it will be. | where this is a real {{gmslaprov|Event of Default}}, it will be what it will be. | ||
==={{gmslaprov|Mini close-out}}=== | ==={{gmslaprov|Mini close-out}}=== | ||