Purchased Securities - GMRA Provision

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2000 Global Master Repurchase Agreement
A Jolly Contrarian owner’s manual™

Resources and navigation

Resources: 2010 GMRA: Full wikitext · Nutshell wikitext
Navigation

2000 GMRA Table of Contents · 1 · 2 · 3 · 4 · 5 · 6 · 7 · 8 · 9 · 10 · 11 · 12 · 13 · 14 · 15 · 16 · 17 · 18 · 19 · 20 · 21 · Schedule · Equities Annex: EA 1 · EA 2 · EA 3 · EA 4 · EA 5 · Buy/Sellback Annex · BSA 1 · BSA 2 · BSA 3 · BSA 4 · BNA 5

Index: Click to expand:

Paragraph 2(mm) in a Nutshell

Use at your own risk, campers!
2(mm)Purchased Securities” means the Securities sold by Seller to Buyer under a Transaction, and any New Purchased Securities Seller transfers to Buyer under the Substitution paragraph under that Transaction;

Full text of Paragraph 2(mm)

2(mm)Purchased Securities”, with respect to any Transaction, the Securities sold or to be sold by Seller to Buyer under that Transaction, and any New Purchased Securities transferred by Seller to Buyer under paragraph 8 in respect of that Transaction;

Related agreements and comparisons

Related agreements: Click here for the same clause in the 1996 MRA, when we get round to finding out the first thing about it.
Comparison: Knowing and, really, caring very little about other kinds of repo agreement, we have nothing presently to compare the Global Master Repurchase Agreement with.

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Content and comparisons

Template:M comp disc GMRA 2(mm)

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Summary

Purchased Securities are the ones that you, you know, repo. Note the Seller can ask to substitute these with other securities under paragraph 8.

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General discussion

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See also

Template:M sa GMRA 2(mm)

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References