Borrower’s failure to deliver Equivalent Securities - GMSLA Provision: Difference between revisions

377 bytes removed , 27 April 2020

Replaced content with "{{Manual|MSG|2010|9.1|Clause|9.1|medium}}"

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-{{fullanat|gmsla|9.1|2010}}
+{{Manual|MSG|2010|9.1|Clause|9.1|medium}}
-====Commentary====
-If the {{gmslaprov|Lender}} decides to terminate, you are into the realm of the fabled and famous {{gmslaprov|mini close-out}}, wherein the {{gmslaprov|Lender}} exercises rights to terminate and value the {{gmslaprov|Loan}} by itself ''as if it were'' an {{gmslaprov|Event of Default}}, whilst not ''actually'' being an {{gmslaprov|Event of Default}}.
-{{nuts|GMSLA|9.1}}

Borrower’s failure to deliver Equivalent Securities - GMSLA Provision (view source)