Template:GMSLA 2010 5.3: Difference between revisions
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{{gmslaprov|5.3}} '''{{gmslaprov|Substitutions of Collateral}}''' <br> | {{gmslaprov|5.3}} '''{{gmslaprov|Substitutions of Collateral}}''' <br> | ||
{{gmslaprov|Borrower}} may from time to time call for the repayment of {{gmslaprov|Cash Collateral}} or the {{gmslaprov|Delivery}} of Collateral equivalent to any {{gmslaprov|Collateral}} delivered to {{gmslaprov|Lender}} prior to the date on which the same would otherwise have been repayable or deliverable provided that at or prior to the time of such repayment or {{gmslaprov|Delivery}} {{gmslaprov|Borrower}} shall have delivered {{gmslaprov|Alternative Collateral}} acceptable to {{ | {{gmslaprov|Borrower}} may from time to time call for the repayment of {{gmslaprov|Cash Collateral}} or the {{gmslaprov|Delivery}} of Collateral equivalent to any {{gmslaprov|Collateral}} delivered to {{gmslaprov|Lender}} prior to the date on which the same would otherwise have been repayable or deliverable provided that at or prior to the time of such repayment or {{gmslaprov|Delivery}} {{gmslaprov|Borrower}} shall have delivered {{gmslaprov|Alternative Collateral}} acceptable to {{gmslaprov|Lender}} and {{gmslaprov|Borrower}} is in compliance with paragraph {{gmslaprov|5.4}} or paragraph {{gmslaprov|5.5}}, as applicable. <br> | ||
Revision as of 10:28, 13 November 2013
5.3 Substitutions of Collateral
Borrower may from time to time call for the repayment of Cash Collateral or the Delivery of Collateral equivalent to any Collateral delivered to Lender prior to the date on which the same would otherwise have been repayable or deliverable provided that at or prior to the time of such repayment or Delivery Borrower shall have delivered Alternative Collateral acceptable to Lender and Borrower is in compliance with paragraph 5.4 or paragraph 5.5, as applicable.