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| '''{{gmraprov|20}}. {{gmraprov|Recording}} '''<br> | | '''{{gmraprov|20}}. {{gmraprov|Recording}} '''<br> |
| '''{{gmraprov|21}}. {{gmraprov|Third Party Rights}} '''<br> | | '''{{gmraprov|21}}. {{gmraprov|Third Party Rights}} '''<br> |
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| | {{GMRA 2000 1}} |
| | {{GMRA 2000 2}} |
| | {{GMRA 2000 3}} |
| | {{GMRA 2000 4}} |
| | {{GMRA 2000 5}} |
| | {{GMRA 2000 6}} |
| | {{GMRA 2000 7}} |
| | {{GMRA 2000 8}} |
| | {{GMRA 2000 9}} |
| | {{GMRA 2000 10}} |
| | {{GMRA 2000 11}} |
| | {{GMRA 2000 12}} |
| | {{GMRA 2000 13}} |
| | {{GMRA 2000 14}} |
| | {{GMRA 2000 15}} |
| | {{GMRA 2000 16}} |
| | {{GMRA 2000 17}} |
| | {{GMRA 2000 18}} |
| | {{GMRA 2000 19}} |
| | {{GMRA 2000 20}} |
| | {{GMRA 2000 21}} |
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| 2000 VERSION TBMA/ISMA GLOBAL MASTER REPURCHASE AGREEMENT | | 2000 VERSION TBMA/ISMA GLOBAL MASTER REPURCHASE AGREEMENT |
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| (“'''{{gmraprov|Party A}}'''”) and (“'''{{gmraprov|Party B}}'''”) | | (“'''{{gmraprov|Party A}}'''”) and (“'''{{gmraprov|Party B}}'''”) |
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| '''{{gmraprov|1}}. {{gmraprov|Applicability}}'''<br>
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| :(a) From time to time the parties hereto may enter into {{gmraprov|Transaction}}s in which one party, acting through a {{gmraprov|Designated Office}}, (“'''{{gmraprov|Seller}}'''”) agrees to sell to the other, acting through a {{gmraprov|Designated Office}}, (“'''{{gmraprov|Buyer}}'''”) {{gmraprov|Securities}} and financial instruments (“Securities”) (subject to paragraph {{gmraprov|1(c)}}, other than equities and {{gmraprov|Net Paying Securities}}) against the payment of the purchase price by {{gmraprov|Buyer}} to {{gmraprov|Seller}}, with a simultaneous agreement by {{gmraprov|Buyer}} to sell to {{gmraprov|Seller}} {{gmraprov|Securities}} {{gmraprov|equivalent}} to such {{gmraprov|Securities}} at a date certain or on demand against the payment of the repurchase price by {{gmraprov|Seller}} to {{gmraprov|Buyer}}.<br>
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| :(b) Each such {{gmraprov|Transaction}} (which may be a repurchase {{gmraprov|Transaction}} (“Repurchase {{gmraprov|Transaction}}”) or a buy and sell back {{gmraprov|Transaction}} (“Buy/Sell Back {{gmraprov|Transaction}}”) shall be referred to herein as a “Transaction” and shall be governed by this {{gmraprov|Agreement}}, including any supplemental terms or conditions contained in Annex I hereto, unless otherwise agreed in writing.<br>
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| :(c) If this {{gmraprov|Agreement}} may be applied to
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| :(i) Buy/Sell Back {{gmraprov|Transaction}}s, this shall be specified in Annex I hereto, and the provisions of the Buy/Sell Back Annex shall apply to such Buy/Sell Back {{gmraprov|Transaction}}s;
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| :(ii) {{gmraprov|Net Paying Securities}}, this shall be specified in Annex I hereto and the provisions of Annex 1, paragraph {{gmraprov|1(b)}} shall apply to {{gmraprov|Transaction}}s involving {{gmraprov|Net Paying Securities}}.<br>
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| :(d) If {{gmraprov|Transaction}}s are to be effected under this {{gmraprov|Agreement}} by either {{gmraprov|Party A}}s an agent, this shall be specified in Annex I hereto, and the provisions of the {{gmraprov|Agency Annex}} shall apply to such {{gmraprov|Agency Transaction}}s.<br>
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| '''{{gmraprov|2}}. {{gmraprov|Definitions}}'''<br> | | '''{{gmraprov|2}}. {{gmraprov|Definitions}}'''<br> |
| :(a) “'''{{gmraprov|Act of Insolvency}}'''” shall occur with respect to any party hereto upon – | | :(a) “'''{{gmraprov|Act of Insolvency}}'''” shall occur with respect to any party hereto upon – |