Failure to Deliver - GMSLA Provision: Difference between revisions

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{{gmslasnap|9}}
{{gmslasnap|9}}
====Commentary====
====Commentary====
This is the fabled mini close-out provision of the {{gmsla}}.
This is the fabled '''{{gmslaprov|mini close-out}}''' provision of the {{gmsla}}. This is particularly handy when it comes to closing out a non-netting counterparty. For more information see {{gmslaprov|mini close-out}}.


====Related Provisions====
====Related Provisions====