83,902
edits
Template:GMRA 2000 1: Difference between revisions
no edit summary
Amwelladmin (talk | contribs) No edit summary |
Amwelladmin (talk | contribs) No edit summary |
||
| Line 1: | Line 1: | ||
'''{{gmraprov|1}}. {{gmraprov|Applicability}}'''<br> | '''{{gmraprov|1}}. {{gmraprov|Applicability}}'''<br> | ||
{{gmraprov|1(a)}} From time to time the parties hereto may enter into {{gmraprov|Transaction}}s in which one party, acting through a {{gmraprov|Designated Office}}, (“'''{{gmraprov|Seller}}'''”) agrees to sell to the other, acting through a {{gmraprov|Designated Office}}, (“'''{{gmraprov|Buyer}}'''”) {{gmraprov|Securities}} and financial instruments ( | {{gmraprov|1(a)}} From time to time the parties hereto may enter into {{gmraprov|Transaction}}s in which one party, acting through a {{gmraprov|Designated Office}}, (“'''{{gmraprov|Seller}}'''”) agrees to sell to the other, acting through a {{gmraprov|Designated Office}}, (“'''{{gmraprov|Buyer}}'''”) {{gmraprov|Securities}} and financial instruments (“'''{{gmraprov|Securities}}'''”) (subject to paragraph {{gmraprov|1(c)}}, other than equities and {{gmraprov|Net Paying Securities}}) against the payment of the purchase price by {{gmraprov|Buyer}} to {{gmraprov|Seller}}, with a simultaneous agreement by {{gmraprov|Buyer}} to sell to {{gmraprov|Seller}} {{gmraprov|Securities}} {{gmraprov|equivalent}} to such {{gmraprov|Securities}} at a date certain or on demand against the payment of the repurchase price by {{gmraprov|Seller}} to {{gmraprov|Buyer}}.<br> | ||
{{gmraprov|1(b)}} Each such {{gmraprov|Transaction}} (which may be a repurchase {{gmraprov|Transaction}} (“'''{{gmraprov|Repurchase Transaction}}'''”) or a buy and sell back {{gmraprov|Transaction}} (“'''{{gmraprov|Buy/Sell BackTransaction}}'''”) shall be referred to herein as a “'''{{gmraprov|Transaction}}'''” and shall be governed by this {{gmraprov|Agreement}}, including any supplemental terms or conditions contained in Annex I hereto, unless otherwise agreed in writing.<br> | {{gmraprov|1(b)}} Each such {{gmraprov|Transaction}} (which may be a repurchase {{gmraprov|Transaction}} (“'''{{gmraprov|Repurchase Transaction}}'''”) or a buy and sell back {{gmraprov|Transaction}} (“'''{{gmraprov|Buy/Sell BackTransaction}}'''”) shall be referred to herein as a “'''{{gmraprov|Transaction}}'''” and shall be governed by this {{gmraprov|Agreement}}, including any supplemental terms or conditions contained in Annex I hereto, unless otherwise agreed in writing.<br> | ||
{{gmraprov|1(c)}} If this {{gmraprov|Agreement}} may be applied to | {{gmraprov|1(c)}} If this {{gmraprov|Agreement}} may be applied to | ||