Template:GMSLA 2010 4.3: Difference between revisions

Template:GMSLA 2010 4.3 (view source)

Revision as of 09:37, 31 March 2017

1 byte added , 31 March 2017

no edit summary

Amwelladmin

Bureaucrats, Interface administrators, Administrators

82,891

edits

Revision as of 09:37, 31 March 2017 (view source) Amwelladmin (talk \| contribs) (Created page with "{{gmslaprov\|4.3}} '''{{isdaprov\|Deliveries to be simultaneous unless otherwise agreed}}<br /> Where under the terms of this {{gmslaprov\|Agreement}} a {{gmslaprov\|Party}} is no...")		Revision as of 09:37, 31 March 2017 (view source) Amwelladmin (talk \| contribs) No edit summary Newer edit →
Line 1:		Line 1:
	{{gmslaprov\|4.3}} '''{{~~isdaprov~~\|Deliveries to be simultaneous unless otherwise agreed}}<br />		{{gmslaprov\|4.3}} '''{{gmslaprov\|Deliveries to be simultaneous unless otherwise agreed}}<br />
	Where under the terms of this {{gmslaprov\|Agreement}} a {{gmslaprov\|Party}} is not obliged to make a {{gmslaprov\|Delivery}} unless simultaneously a {{gmslaprov\|Delivery}} is made to it, subject to and without prejudice to its rights under paragraph {{gmslaprov\|8.6}}, such {{gmslaprov\|Party}} may [[from time to time]] [[in accordance with]] market practice and in recognition of the practical difficulties in arranging simultaneous delivery of {{gmslaprov\|Securities}}, {{gmslaprov\|Collateral}} and cash transfers, [[waive]] its right under this {{gmslaprov\|Agreement}} in respect of simultaneous delivery [[and/or]] payment provided that no such [[waiver]] ([[whether]] by course of conduct [[or otherwise]]) in respect of one transaction [[shall]] bind it in respect of any other transaction. <br />		Where under the terms of this {{gmslaprov\|Agreement}} a {{gmslaprov\|Party}} is not obliged to make a {{gmslaprov\|Delivery}} unless simultaneously a {{gmslaprov\|Delivery}} is made to it, subject to and without prejudice to its rights under paragraph {{gmslaprov\|8.6}}, such {{gmslaprov\|Party}} may [[from time to time]] [[in accordance with]] market practice and in recognition of the practical difficulties in arranging simultaneous delivery of {{gmslaprov\|Securities}}, {{gmslaprov\|Collateral}} and cash transfers, [[waive]] its right under this {{gmslaprov\|Agreement}} in respect of simultaneous delivery [[and/or]] payment provided that no such [[waiver]] ([[whether]] by course of conduct [[or otherwise]]) in respect of one transaction [[shall]] bind it in respect of any other transaction. <br />