Buy-In - GMSLA Provision: Difference between revisions

Buy-In - GMSLA Provision (view source)

534 bytes removed , 15 May 2020

Replaced content with "{{Manual|MSG|2010|Buy-In|Clause||medium}}"

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-{{gmslaanat|Buy-In}}
+{{Manual|MSG|2010|Buy-In|Clause||medium}}
-===Commentary===
-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}}
-===Relates to===
-*{{gmsla}} Clause {{gmslaprov|9.3}}: {{gmslaprov|Failure by either Party to deliver}}
-*{{gmsla}} Clause {{gmslaprov|11.4}}: {{gmslaprov|Determination of Default Market Value}}.