Assignment - GMSLA Provision

2010 Global Master Securities Lending Agreement A Jolly Contrarian owner’s manual Clause 21 in a Nutshell™ Use at your own risk, campers! 21. Assignment Other than its rights to net close out amounts due under 11.2(b) or payment of close-out costs under 11.7 neither Party may charge, assign or deal with any of its rights or obligations without the other Party’s consent. view template Clause 21 in full 21. Assignment 21.1 Subject to paragraph 21.2, neither Party may charge, assign or otherwise deal with all or any of its rights or obligations hereunder without the prior consent of the other Party. 21.2 Paragraph 21.1 shall not preclude a party from charging, assigning or otherwise dealing with all or any part of its interest in any sum payable to it under paragraph 11.2(b) or 11.7. view template Related agreements and comparisons Related agreements: Click here for the same clause in the 2018 Pledge GMSLA Comparison: Template:Gmsladiff 21 Resources and navigation 2010 GMSLA: Full wikitext · Nutshell wikitext | GMLSA legal code Pledge GMSLA: Hard copy (ISLA) · Full wikitext · Nutshell wikitext | 1995 OSLA: Full wikitext · Nutshell wikitext | GMSLA Netting Let me Google that for you: Guide to equity finance | ISLA’s guide to securities lending for regulators and policy makers Navigation 2010 GMSLA 1 · 2 · 3 · 4 · 5 · 6 · 7 · 8 · 9 · 10 · 11 · 12 · 13 · 14 · 15 · 16 · 17 · 18 · 19 · 20 · 21 · 22 · 23 · 24 · 25 · 26 · 27 · Schedule · Agency Annex · Addendum for Pooled Principal Agency Loans 2018 Pledge GMSLA 1 · 2 · 3 · 4 · 5 · 6 · 7 · 8 · 9 · 10 · 11 · 12 · 13 · 14 · 15 · 16 · 17 · 18 · 19 · 20 · 21 · 22 · 23 · 24 · 25 · 26 · 27 · 28 · Schedule · Agency Annex Stock Loan owner’s manuals: GMSLA · Pledge GMSLA · OSLA Index — Click ᐅ to expand: ► GMSLA ► Pledge GMSLA Get in touch Comments? Questions? Suggestions? Requests? Sign up for our newsletter? Questions? We’d love to hear from you. BREAKING: Get the new weekly newsletter here Old editions here

Content and comparisons

Identical to the equivalent 2018 Pledge GMSLA provision in the 2018 Pledge GMSLA.

Note by contrast that the ISDA Master Agreement does not have a prohibition on assignment. Which I think is rather curious.
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See also

Template:M sa GMSLA 21
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