Template:M sa GMRA Cross Default

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  • Cross default generally
  • Cross Default in the GMSLA. No, there isn't one there either.
  • Cross Default in the ISDA. There is one there, and it’s part of the furniture, but in this day and age, there shouldn't be.
  • Over-processing - why having truck with cross default “for good measure” is an outrageous waste of your firm’s resources.