List of Events of Default - GMSLA Provision: Difference between revisions

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In a nutshell:
In a nutshell:
{{2010 GMSLA Section 10.1 TOC}}
{{2010 GMSLA Section 10.1 TOC}}
Most interesting is what is '''not''' in there: There is no:
*[[Cross Default]]
*{{isdaprov|Default under Specified Transaction}} equivalent
*{{isdaprov|Credit Support Default}} equivalent
*{{isdaprov|Merger without Assumption}} equivalent
*{{isdaprov|Illegality}} equivalent
*{{isdaprov|Tax Event}} equivalent
*{{isdaprov|Credit Event upon Merger}} equivalent
*{{isdaprov|Tax Event upon Merger}} equivalent


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

Revision as of 15:46, 19 January 2015

Template:Gmslasnap

Commentary

In a nutshell:

10.1 List of Events of Default
10.1(a): Failure to pay Collateral
10.1(b): Unremedied failure to manufacture payments
10.1(c): Failure to pay or deliver
10.1(d): Insolvency
10.1(e): Breach of warranty
10.1(f): Repudiation
10.1(g): Seizure of assets
10.1(h): Suspension from exchange
10.1(i): Unremedied failure to perform

Most interesting is what is not in there: There is no:

Related Provisions

update to anat|gmsla

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Stock lending agreement comparison: Includes navigation for the 2000 GMSLA and the 1995 OSLA

Index: Click to expand:

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