Template:Nutshell GMSLA 11.5

Revision as of 11:37, 25 January 2018 by Amwelladmin (talk | contribs) (Created page with "{{gmslaprov|11.5}}. If the {{gmslaprov|Non Defaulting Party}} <br> :(A) cannot buy or sell securities (per {{gmslaprov|11.4(a)}}) or obtain quotations (per {{gmslaprov|11.4(b)...")

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

11.5. If the Non Defaulting Party

(A) cannot buy or sell securities (per 11.4(a)) or obtain quotations (per 11.4(b)); or

(B) determines it would not be commercially reasonable to do so (or use any 11.4(b) quotations which did get);

it may determine the Net Value of Equivalent Securities or Collateral and treat it as the relevant Default Market Value.

Retrieved from "https://jollycontrarian.com/index.php?title=Template:Nutshell_GMSLA_11.5&oldid=21236"