Set-off - GMRA Provision: Difference between revisions

Set-off - GMRA Provision (view source)

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	{{a\|gmra\|a}}Unlike it’s kissin’ cousin the {{gmsla}} and the {{2002isda}} there is no set-off provision in the {{gmra}}, but don’t let that stop your credit department dropping one in. Often times they will do this using the bespoke text the market developed for the {{1992isda}}, which didn’t have a set-off provision. You can find that here:		{{a\|gmra\|}}Unlike it’s kissin’ cousin the {{gmsla}} and the {{2002isda}} there is no set-off provision in the {{gmra}}, but don’t let that stop your credit department dropping one in. Often times they will do this using the bespoke text the market developed for the {{1992isda}}, which didn’t have a set-off provision. You can find that here:

	{{ISDA 1992 set off}}		{{ISDA 1992 set off}}