Template:Gmsla 10.1(d) comp
Redlines
2010 ⇒ 2018: Redline of the 2010 GMSLA vs. the 2018 Pledge GMSLA: comparison (and in reverse)
Discussion
The 2018 Pledge GMSLA does not have an Automatic Early Termination provision for reasons explained below.
Therefore, the obvious comparison is with the ISDA Master Agreement’s Automatic Early Termination regime — ISDA’s crack drafting squad™ dreamed up this loopy concept in the first place — and you should go to that place for discussion.