Deliveries of Income - Pledge GMSLA Provision

Pledge GMSLA Anatomy™ Go Premium In a Nutshell™ Clause 4.4: Template:Nutshell PGMSLA 4.4 view template 2018 Pledge GMSLA full text of this provision: Template:PGMSLA 2010 4.4 view template See equivalent provision in the 2010 GMSLA 2010 GMSLA: Full wikitext · Nutshell wikitext | GMLSA legal code | GMSLA Netting Pledge GMSLA: Hard copy (ISLA) · Full wikitext · Nutshell wikitext | 1995 OSLA: OSLA wikitext | OSLA in a nutshell | GMSLA/PGMSLA/OSLA clause comparison table From Our Friends On The Internet: 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 lending agreement comparison: Includes navigation for the 2000 GMSLA and the 1995 OSLA Index: Click ᐅ to expand: GMSLA Pledge GMSLA OSLA Comments? Questions? Suggestions? Requests? Insults? We’d love to 📧 hear from you. Sign up for our newsletter.

Rather like the equivalent provision (para 4.3) in the 2010 GMSLA, only no reference to Collateral, seeing as the Lender doesn’t ever get title to the Collateral, so all the Income automatically vests in the Borrower anyway without any of this need for customary and appropriate endorsements (and certainly no risk that the Lender has disposed of the Collateral, which it doesn’t own in the first place.

See also

• The equivalent paragraph 4.4 in the 2010 GMSLA.