Deliver - GMSLA Provision

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

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Clause Delivery in a Nutshell™

Use at your own risk, campers!

Delivery and deliver means to credit Securities, Collateral or Equivalents to the transferee’s account or as it directs; view template

Full text of Clause Delivery

Delivery in relation to any Securities or Collateral or Equivalent Securities or Equivalent Collateral comprising Securities means: (a) in the case of Securities held by a Nominee or within a clearing or settlement system, the crediting of such Securities to an account of the Borrower or Lender, as the case may be, or as it shall direct, or, (b) in the case of Securities otherwise held, the delivery to Borrower or Lender, as the case may be, or as the transferee shall direct of the relevant instruments of transfer, or (c) by such other means as may be agreed, and deliver shall be construed accordingly; 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 Delivery Comparison: Template:Osladiff Delivery