GMRA Anatomy™
In a Nutshell™ Clause 2(jj):
2(jj) The Pricing Rate for any Transaction is the agreed annual percentage used to calculate the Price Differential;
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Global Master Repurchase Agreement full text of Clause 2(jj):
2(jj) “Pricing Rate”, with respect to any Transaction, the per annum percentage rate for calculation of the Price Differential agreed to by Buyer and Seller in relation to that Transaction;
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