Borrower’s failure to deliver Equivalent Securities - Pledge GMSLA Provision
2018 Global Master Securities Lending Agreement (Pledge Version)
Clause 9.1 in a Nutshell™ Use at your own risk, campers!
Full text of Clause 9.1
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Other than embedded clause cross-references, Clause 9.1 of the 2010 GMSLA is identical to clause 9.1 of the 2018 Pledge GMSLA. Which is nice.