Marking to Market of Collateral during the currency of a Loan on a Loan by Loan basis - GMSLA Provision: Difference between revisions

Marking to Market of Collateral during the currency of a Loan on a Loan by Loan basis - GMSLA Provision (view source)

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-It will be a rum GMSLA indeed in which this provision applies. It will generally fall upon deaf ears, by dint of paragraph 5.4, which will apply instead unless specifically overridden, and it is hard to conceive of situations in which one would override it.  Anyway, since you asked, it goes like this:
+It will be a rum GMSLA indeed in which this provision applies. It will generally fall upon deaf ears, by dint of paragraph {{gmslaprov|5.4}} (collateralisation on an aggregate basis), which will apply instead unless you specifically override it, and it is hard to conceive of situations in which you would do that.
+Anyway, since you asked, it goes like this:
 {{nuts|GMSLA|5.5}}