Attribution of Collateral to Loans - GMSLA Provision: Difference between revisions

This is a key provision in terms of the {{tag|GMSLA}} {{tag|Netting}} analysis because it provides a means for ascertaining the particular collateral that is attributable to a given {{gmslaprov|Loan}}, which means that, should you decide to voluntarily terminate all {{gmslaprov|Loans}} as a prelude to a {{tag|Close-out}}, there is certainty as to what Collateral attaches to what loan, and you can therefore determine the [[Default Market Value]] and so on.