Non Cash Collateral - GMSLA Provision

GMSLA Anatomy™ Go Premium In a Nutshell™ Clause Non Cash Collateral: Non Cash Collateral means Collateral that isn't cash; view template 2010 GMSLA full text of Clause Non Cash Collateral: Non Cash Collateral means Collateral other than Cash Collateral; view template 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 Navigation 2010 GMSLA 1 · 2 · 3 · 4 · 5 · 6 · 7 · 8 · 9 · 10 · 11 · 12 · 13 · 14 · 15 · 16 · 17 · 18 · 19 · 20 · 21 · 22 · 23 · 24 · 25 · 26 · 27 · Schedule · Agency Annex · Addendum for Pooled Principal Agency Loans 2018 Pledge GMSLA 1 · 2 · 3 · 4 · 5 · 6 · 7 · 8 · 9 · 10 · 11 · 12 · 13 · 14 · 15 · 16 · 17 · 18 · 19 · 20 · 21 · 22 · 23 · 24 · 25 · 26 · 27 · 28 · Schedule · Agency Annex Stock lending agreement comparison: Includes navigation for the 2000 GMSLA and the 1995 OSLA Index: Click ᐅ to expand: GMSLA Pledge GMSLA OSLA Comments? Questions? Suggestions? Requests? Insults? We’d love to 📧 hear from you. Sign up for our newsletter.

Definitions like this can give you those moments that genuinely makes you proud to be a lawyer. You know, all that slogging through offer, acceptance and consideration, snails in gingerbeer, constructive estoppel and laches?

All that was preparation for the revelation — now, when there is so much money down you have to keep investing — that the finest minds in your profession can get together and think it is necessary and valuable to define the expression “non-cash collateral”.

“It means, sirs, collateral that isn't cash.”

Well, you don’t say.