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| '''{{gmraprov|1}}. {{gmraprov|Applicability}}'''<br> | | '''{{gmraprov|1}}. {{gmraprov|Applicability}}'''<br> |
| {{gmraprov|1(a)}} From time to time the parties hereto may enter into {{gmraprov|Transaction}}s in which one party, acting through a {{gmraprov|Designated Office}}, (“'''{{gmraprov|Seller}}'''”) agrees to sell to the other, acting through a {{gmraprov|Designated Office}}, (“'''{{gmraprov|Buyer}}'''”) {{gmraprov|Securities}} and financial instruments (“'''{{gmraprov|Securities}}'''”) (subject to paragraph {{gmraprov|1(c)}}, other than equities and {{gmraprov|Net Paying Securities}}) against the payment of the purchase price by {{gmraprov|Buyer}} to {{gmraprov|Seller}}, with a simultaneous agreement by {{gmraprov|Buyer}} to sell to {{gmraprov|Seller}} {{gmraprov|Securities}} {{gmraprov|equivalent}} to such {{gmraprov|Securities}} at a date certain or on demand against the payment of the repurchase price by {{gmraprov|Seller}} to {{gmraprov|Buyer}}.<br> | | {{GMRA 2000 1(a)}} |
| {{GMRA 2000 1(b)}} | | {{GMRA 2000 1(b)}} |
| {{gmraprov|1(c)}} If this {{gmraprov|Agreement}} may be applied to <br> | | {{gmraprov|1(c)}} If this {{gmraprov|Agreement}} may be applied to <br> |