Template:GMSLA 2010 1.1: Difference between revisions

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Revision as of 10:16, 30 May 2013 (view source) Amwelladmin (talk \| contribs) (Created page with "{{gmslaprov\|1.1}} From time to time the {{gmslaprov\|Parties}} acting through one or more {{gmslaprov\|Designated Offices}} may enter into transactions in which one party ('''{{...")		Latest revision as of 10:31, 23 January 2020 (view source) Amwelladmin (talk \| contribs) No edit summary
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	{{gmslaprov\|1.1}} From time to time the {{gmslaprov\|Parties}} acting through one or more {{gmslaprov\|Designated ~~Offices~~}} may enter into transactions in which one party ('''{{gmslaprov\|Lender}}''') will transfer to the other ('''{{gmslaprov\|Borrower}}''') securities and financial instruments ('''{{gmslaprov\|Securities}}''') against the transfer of {{gmslaprov\|Collateral}} (as defined in paragraph {{gmslaprov\|2}}) with a simultaneous agreement by {{gmslaprov\|Borrower}} to transfer to {{gmslaprov\|Lender}} {{gmslaprov\|Securities}} {{gmslaprov\|equivalent to}} such {{gmslaprov\|Securities}} on a fixed date or on demand against the transfer to {{gmslaprov\|Borrower}} by {{gmslaprov\|Lender}} of assets equivalent to such {{gmslaprov\|Collateral}}. <br>		{{gmslaprov\|1.1}} From time to time the {{gmslaprov\|Parties}} acting through one or more {{gmslaprov\|Designated Office}}s may enter into transactions in which one party ('''{{gmslaprov\|Lender}}''') will transfer to the other ('''{{gmslaprov\|Borrower}}''') securities and financial instruments ('''{{gmslaprov\|Securities}}''') against the transfer of {{gmslaprov\|Collateral}} (as defined in paragraph {{gmslaprov\|2}}) with a simultaneous agreement by {{gmslaprov\|Borrower}} to transfer to {{gmslaprov\|Lender}} {{gmslaprov\|Securities}} {{gmslaprov\|equivalent to}} such {{gmslaprov\|Securities}} on a fixed date or on demand against the transfer to {{gmslaprov\|Borrower}} by {{gmslaprov\|Lender}} of assets equivalent to such {{gmslaprov\|Collateral}}. <br>