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Talk:Act of Insolvency - GMSLA Provision: Difference between revisions
Talk:Act of Insolvency - GMSLA Provision (view source)
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Global Master Securities Lending Agreement full text of Clause Act of Insolvency: | |||
Act of Insolvency means in relation to either Party: | Act of Insolvency means in relation to either Party: | ||
(a) its making a general assignment for the benefit of, or entering into a reorganisation, arrangement, or composition with creditors; or | (a) its making a general assignment for the benefit of, or entering into a reorganisation, arrangement, or composition with creditors; or | ||