Template:Nutshell GMRA 10(b)

Revision as of 14:47, 16 July 2022 by Amwelladmin (talk | contribs) (Created page with "{{subst:GMRA 2000 10(b)}}")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

10(b) The Repurchase Date for each Transaction hereunder shall be deemed immediately to occur and, subject to the following provisions, all Cash Margin (including interest accrued) shall be immediately repayable and Equivalent Margin Securities shall be immediately deliverable (and so that, where this sub paragraph applies, performance of the respective obligations of the parties with respect to the delivery of Securities, the payment of the Repurchase Prices for any Equivalent Securities and the repayment of any Cash Margin shall be effected only in accordance with the provisions of sub paragraph 10(c) below).