Existing Loans - GMSLA Provision: Difference between revisions
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27.4 The {{gmslaprov|Parties}} agree that where paragraph 11 of the {{gmslaprov|Schedule}} indicates that this paragraph {{gmslaprov|27.4}} applies, this {{gmslaprov|Agreement}} shall apply to all loans which are outstanding as at the date of this {{gmslaprov|Agreement}} and which are subject to the securities lending agreement or agreements specified in paragraph 11 of the {{gmslaprov|Schedule}}, and such {{gmslaprov|Loans}} shall be treated as if they had been entered into under this {{gmslaprov|Agreement}}, and the terms of such loans are amended accordingly with effect from the date of this {{gmslaprov|Agreement}}. | {{gmslaprov|27.4}} The {{gmslaprov|Parties}} agree that where paragraph 11 of the {{gmslaprov|Schedule}} indicates that this paragraph {{gmslaprov|27.4}} applies, this {{gmslaprov|Agreement}} shall apply to all loans which are outstanding as at the date of this {{gmslaprov|Agreement}} and which are subject to the securities lending agreement or agreements specified in paragraph 11 of the {{gmslaprov|Schedule}}, and such {{gmslaprov|Loans}} shall be treated as if they had been entered into under this {{gmslaprov|Agreement}}, and the terms of such loans are amended accordingly with effect from the date of this {{gmslaprov|Agreement}}. | ||
Revision as of 15:19, 2 September 2014
27.4 The Parties agree that where paragraph 11 of the Schedule indicates that this paragraph 27.4 applies, this Agreement shall apply to all loans which are outstanding as at the date of this Agreement and which are subject to the securities lending agreement or agreements specified in paragraph 11 of the Schedule, and such Loans shall be treated as if they had been entered into under this Agreement, and the terms of such loans are amended accordingly with effect from the date of this Agreement.