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Buy-In - GMSLA Provision: Difference between revisions
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{{gmslaanat|Buy-In}} | {{gmslaanat|Buy-In}} | ||
===Commentary=== | ===Commentary=== | ||
A buy in is the self-help process whereby a counterparty can settle a failing delivery itself, and charge it back to the failing counterparty. You really want to go and have a look at clauses {{gmslaprov|9.3}} and {{gmslaprov|11.4}} of the {{gmsla}} to understand the buy in process. All the information is there. | A {{gmslaprov|buy in}} is the self-help process whereby a counterparty can settle a failing delivery itself, and charge it back to the failing counterparty. | ||
You really want to go and have a look at clauses {{gmslaprov|9.3}} and {{gmslaprov|11.4}} of the {{gmsla}} to understand the buy in process. All the information is there. | |||
{{buy-in}} | {{buy-in}} | ||