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Template:GMRA 2000 EA 3: Difference between revisions
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{{gmraprov|EA 3}}. '''{{gmraprov|Income Payments ( | {{gmraprov|EA 3}}. '''{{gmraprov|Income Payments (Equities Annex)}}''' <br> | ||
(a) Subject as otherwise provided in this {{gmraprov|Equities Annex}} or as otherwise agreed between the parties, where the {{gmraprov|Income}} paid or distributed by the issuer of {{gmraprov|Purchased Securities}} or {{gmraprov|Margin Securities}} is not in the form of money but is in the form of other property, the obligation of a party under paragraph {{gmraprov|5}} of the {{gmraprov|Agreement}} to pay to the other party an amount equal to the amount paid by the issuer shall be construed as an obligation to transfer property equivalent to that distributed by the issuer. <br> | (a) Subject as otherwise provided in this {{gmraprov|Equities Annex}} or as otherwise agreed between the parties, where the {{gmraprov|Income}} paid or distributed by the issuer of {{gmraprov|Purchased Securities}} or {{gmraprov|Margin Securities}} is not in the form of money but is in the form of other property, the obligation of a party under paragraph {{gmraprov|5}} of the {{gmraprov|Agreement}} to pay to the other party an amount equal to the amount paid by the issuer shall be construed as an obligation to transfer property equivalent to that distributed by the issuer. <br> | ||
(b) The existing paragraph {{gmraprov|5}} of the {{gmraprov|Agreement}} shall be replaced by the following - <br> | (b) The existing paragraph {{gmraprov|5}} of the {{gmraprov|Agreement}} shall be replaced by the following - <br> | ||