10(a)(ii) - GMRA Provision: Difference between revisions

Latest revision as of 13:30, 14 August 2024

GMRA Anatomy™

In a Nutshell™ Clause 10(a)(ii):

Template:Nutshell GMRA 10(a)(ii) view template

Global Master Repurchase Agreement full text of Clause 10(a)(ii):

10(a)(ii) if the parties have specified in Annex I hereto that this sub paragraph shall apply, Seller fails to deliver Purchased Securities on the Purchase Date or Buyer fails to deliver Equivalent Securities on the Repurchase Date, and the Defaulting Party serves a Default Notice on the Defaulting Party; or

Resources: 2010 GMRA: Full wikitext · Nutshell wikitext Navigation 2000 GMRA Table of Contents · 1 · 2 · 3 · 4 · 5 · 6 · 7 · 8 · 9 · 10 · 11 · 12 · 13 · 14 · 15 · 16 · 17 · 18 · 19 · 20 · 21 · Schedule · Equities Annex: EA 1 · EA 2 · EA 3 · EA 4 · EA 5 · Buy/Sellback Annex · BSA 1 · BSA 2 · BSA 3 · BSA 4 · BNA 5 Index: Click ᐅ to expand: GMRA

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This is a "Failure to Deliver" Event of Default under the GMRA. There are those who believe it is best left switched off.

Revision as of 10:17, 29 November 2018 view source Amwelladmin (talk \| contribs) Bureaucrats, Interface administrators, Administrators 88,424 edits No edit summary ← Older edit		Latest revision as of 13:30, 14 August 2024 view source Amwelladmin (talk \| contribs) Bureaucrats, Interface administrators, Administrators 88,424 edits No edit summary
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	{{gmraanat\|10(a)(ii)}}		{{gmraanat\|10(a)(ii)}}
	This is a "{{gmraprov\|Failure to Deliver}}" {{gmraprov\|Event of Default}} under the ~~{{tag\|~~GMRA}}. There are those who believe it is best left switched off.		This is a "{{gmraprov\|Failure to Deliver}}" {{gmraprov\|Event of Default}} under the [[GMRA]]. There are those who believe it is best left switched off.