Template:Gmsla 4 comp

Redlines

2010 ⇒ 2018: Redline of the 2010 GMSLA vs. the 2018 Pledge GMSLA: comparison (and in reverse)

Discussion

There is no representation as to the transfer of title of Collateral under the 2018 Pledge GMSLA its title not being transferred under that agreement for obvious reasons. Additionally, the 2010 GMSLA deals with non-simultaneous deliveries of Collateral in Para 4.3, and also manufacture of income on the Collateral — unnecessary in the 2018 Pledge GMSLA, since the pledgor beneficially owns income on the Collateral in any case.