Non Cash Collateral - GMSLA Provision

GMSLA Anatomy™ →Go uptown In a Nutshell™ Clause Non Cash Collateral: Non Cash Collateral means Collateral that isn't cash; view template 2010 GMSLA full text of Clause Non Cash Collateral: Non Cash Collateral means Collateral other than Cash Collateral; view template 2010 GMSLA: Full wikitext · Nutshell wikitext | GMLSA legal code | GMSLA Netting Pledge GMSLA: Hard copy (ISLA) · Full wikitext · Nutshell wikitext | 1995 OSLA: OSLA wikitext | OSLA in a nutshell | GMSLA/PGMSLA/OSLA clause comparison table From Our Friends On The Internet: Guide to equity finance | ISLA’s guide to securities lending for regulators and policy makers Navigation 2010 GMSLA 1 · 2 · 3 · 4 · 5 · 6 · 7 · 8 · 9 · 10 · 11 · 12 · 13 · 14 · 15 · 16 · 17 · 18 · 19 · 20 · 21 · 22 · 23 · 24 · 25 · 26 · 27 · Schedule · Agency Annex · Addendum for Pooled Principal Agency Loans 2018 Pledge GMSLA 1 · 2 · 3 · 4 · 5 · 6 · 7 · 8 · 9 · 10 · 11 · 12 · 13 · 14 · 15 · 16 · 17 · 18 · 19 · 20 · 21 · 22 · 23 · 24 · 25 · 26 · 27 · 28 · Schedule · Agency Annex Stock lending agreement comparison: Includes navigation for the 2000 GMSLA and the 1995 OSLA Index: Click ᐅ to expand: GMSLA Pledge GMSLA OSLA Tell me more Sign up for our newsletter — or just get in touch: for ½ a weekly 🍺 you get to consult JC. Ask about it here.

Definitions like this can give you those moments that make you genuinely proud to be a lawyer. You know, all that slogging through offer, acceptance and consideration, snails in gingerbeer, constructive estoppel and laches?

All that was preparation for the revelation, made flesh on the page before you — now, when there is so much well-earned money down you have to keep paying— that the finest minds in your profession can assemble and think it is necessary and valuable to define the expression “non-cash collateral”.

“It means, sirs, collateral that isn't cash.”

Well, you don’t say.