Template:GMSLA 2000 Market Value: Difference between revisions

:(a) in relation to the valuation of {{gmsla2000prov|Securities}},  {{gmsla2000prov|Equivalent Securities}},  {{gmsla2000prov|Collateral }} or  {{gmsla2000prov|Equivalent Collateral}} (other than Cash Collateral or a Letter of Credit): <br>

::(i) such price as is equal to the market quotation for the bid price of such {{gmsla2000prov|Securities}}, {{gmsla2000prov|Equivalent Securities}}, {{gmsla2000prov|Collateral}} [[and/or]] {{gmsla2000prov|Equivalent Collateral}} as derived from a reputable pricing information service reasonably chosen in good faith by  {{gmsla2000prov|Lender}}; or <br>

:in each case at Close of Business on the previous  {{gmsla2000prov|Business Day}} or, at the option of either  {{gmsla2000prov|Party}} where in its reasonable opinion there has been an exceptional movement in the price of the asset in question since such time, the latest available price; plus (in each case)

::(iii) the aggregate amount of  {{gmsla2000prov|Income}} which has accrued but not yet been paid in respect of the {{gmsla2000prov|Securities}},  {{gmsla2000prov|Equivalent Securities}},  {{gmsla2000prov|Collateral }} or  {{gmsla2000prov|Equivalent Collateral}} concerned to the extent not included in such price,

:(provided that the price of {{gmsla2000prov|Securities}},  {{gmsla2000prov|Equivalent Securities}},  {{gmsla2000prov|Collateral }} or  {{gmsla2000prov|Equivalent Collateral}} that are suspended shall (for the purposes of paragraph 5) be nil unless the Parties otherwise agree and (for all other purposes) shall be the price of such {{gmsla2000prov|Securities}},  {{gmsla2000prov|Equivalent Securities}},  {{gmsla2000prov|Collateral }} or  {{gmsla2000prov|Equivalent Collateral}}, as the case may be, as of Close of Business on the dealing day in the relevant market last preceding the date of suspension or a commercially reasonable price agreed between the {{gmsla2000prov|Parties}}; <br>