Default interest - GMRA Provision

2010 Global Master Securities Lending Agreement
A Jolly Contrarian owner’s manual™

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Clause 10.1(f) in a Nutshell™

Use at your own risk, campers!

10.1(f) Repudiation: Either party admitting that it cannot or will not perform any of its obligations hereunder where, upon completion of formalities, that non-performance would be an Event of Default; view template

Full text of Clause 10.1(f)

10.1(f) Lender or Borrower admitting to the other that it is unable to, or it intends not to, perform any of its obligations under this Agreement and/or in respect of any Loan where such failure to perform would with the service of notice or lapse of time constitute an Event of Default; view template

Related agreements and comparisons

Related agreements: Click here for the same clause in the 2018 Pledge GMSLA Related agreements: Click here for the same clause in the 1995 OSLA Comparison: Template:Gmsladiff 10.1(f) Comparison: Template:Osladiff 10.1(f)