Template:GMRA 2000 2: Difference between revisions

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:(v) “'''{{gmraprov|Event of Default}}'''”, the meaning specified in paragraph {{gmraprov|10}}; <br>
:(v) “'''{{gmraprov|Event of Default}}'''”, the meaning specified in paragraph {{gmraprov|10}}; <br>
:(w) “'''{{gmraprov|Income}}'''”, with respect to any Security at any time, all interest, dividends or other {{gmraprov|Distributions}} thereon, but excluding {{gmraprov|Distributions}} which are a payment or repayment of principal in respect of the relevant {{gmraprov|Securities}} (“'''{{gmraprov|Distributions}}'''”); <br>
:(w) “'''{{gmraprov|Income}}'''”, with respect to any Security at any time, all interest, dividends or other {{gmraprov|Distributions}} thereon, but excluding {{gmraprov|Distributions}} which are a payment or repayment of principal in respect of the relevant {{gmraprov|Securities}} (“'''{{gmraprov|Distributions}}'''”); <br>
:(x) “'''{{gmraprov|Income Payment Date}}”, with respect to any {{gmraprov|Securities}}, the date on which {{gmraprov|Income}} is paid in respect of such {{gmraprov|Securities}} or, in the case of registered {{gmraprov|Securities}}, the date by reference to which particular registered holders are identified as being entitled to payment of {{gmraprov|Income}}; <br>
:(x) “'''{{gmraprov|Income Payment Date}}'''”, with respect to any {{gmraprov|Securities}}, the date on which {{gmraprov|Income}} is paid in respect of such {{gmraprov|Securities}} or, in the case of registered {{gmraprov|Securities}}, the date by reference to which particular registered holders are identified as being entitled to payment of {{gmraprov|Income}}; <br>
:(y) “'''{{gmraprov|LIBOR}}'''”, in relation to any sum in any currency, the one month London Inter Bank Offered Rate in respect of that currency as quoted on page 3750 on the Bridge Telerate Service (or such other page as may replace page 3750 on that service) as of 11:00 a.m., London time, on the date on which it is to be determined; <br>
:(y) “'''{{gmraprov|LIBOR}}'''”, in relation to any sum in any currency, the one month London Inter Bank Offered Rate in respect of that currency as quoted on page 3750 on the Bridge Telerate Service (or such other page as may replace page 3750 on that service) as of 11:00 a.m., London time, on the date on which it is to be determined; <br>
:(z) “'''{{gmraprov|Margin Ratio}}'''”, with respect to a {{gmraprov|Transaction}}, the {{gmraprov|Market Value}} of the {{gmraprov|Purchased Securities}} at the time when the {{gmraprov|Transaction}} was entered into divided by the {{gmraprov|Purchase Price}} (and so that, where a {{gmraprov|Transaction}} relates to {{gmraprov|Securities}} of different descriptions and the {{gmraprov|Purchase Price}} is apportioned by the parties among {{gmraprov|Purchased Securities}} of each such description, a separate {{gmraprov|Margin Ratio}} shall apply in respect of {{gmraprov|Securities}} of each such description), or such other proportion as the parties may agree with respect to that {{gmraprov|Transaction}}; <br>
:(z) “'''{{gmraprov|Margin Ratio}}'''”, with respect to a {{gmraprov|Transaction}}, the {{gmraprov|Market Value}} of the {{gmraprov|Purchased Securities}} at the time when the {{gmraprov|Transaction}} was entered into divided by the {{gmraprov|Purchase Price}} (and so that, where a {{gmraprov|Transaction}} relates to {{gmraprov|Securities}} of different descriptions and the {{gmraprov|Purchase Price}} is apportioned by the parties among {{gmraprov|Purchased Securities}} of each such description, a separate {{gmraprov|Margin Ratio}} shall apply in respect of {{gmraprov|Securities}} of each such description), or such other proportion as the parties may agree with respect to that {{gmraprov|Transaction}}; <br>

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