4(a) - GMRA Provision

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GMRA Anatomy™


In a Nutshell Clause 4(a):

4(a) Margin Transfers: Whenever a party has a Net Exposure to the other party it may by notice require the other party to make a Margin Transfer in an aggregate amount equal to that Net Exposure.
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Global Master Repurchase Agreement full text of Clause 4(a):

4(a) If at any time either party has a Net Exposure in respect of the other party it may by notice to the other party require the other party to make a Margin Transfer to it of an aggregate amount or value at least equal to that Net Exposure.
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Resources: 2010 GMRA: Full wikitext · Nutshell wikitext
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