Template:GMSLA 2010 5.8: Difference between revisions

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(Created page with "{{gmslaprov|5.8}}. '''{{gmslaprov|Timing of repayments of excess Collateral or deliveries of further Collateral}}''' <br> Where any {{gmslaprov|Equivalent}} {{gmslaprov|Collat...")
 
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{{gmslaprov|5.8}}. '''{{gmslaprov|Timing of repayments of excess Collateral or deliveries of further Collateral}}''' <br>
{{gmslaprov|5.8}}. '''{{gmslaprov|Timing of repayments of excess Collateral or deliveries of further Collateral}}''': Where any {{gmslaprov|Equivalent}} {{gmslaprov|Collateral}} falls to be repaid or delivered (as the case may be) or further {{gmslaprov|Collateral}} is to be provided under this paragraph {{gmslaprov|5}}, unless otherwise provided or agreed between the {{gmslaprov|Parties}}, if the relevant demand is received by the {{gmslaprov|Notification Time}} specified in paragraph {{gmslaprov|Schedule 1.5}} of the {{gmslaprov|Schedule}}, then the delivery shall be made not later than the {{gmslaprov|Close of Business}} on the same {{gmslaprov|Business Day}}; if a demand is received after the {{gmslaprov|Notification Time}}, then the relevant delivery shall be made not later than the {{gmslaprov|Close of Business}} on the next {{gmslaprov|Business Day}} after the date such demand is received. <br>
Where any {{gmslaprov|Equivalent}} {{gmslaprov|Collateral}} falls to be repaid or delivered (as the case may be) or further {{gmslaprov|Collateral}} is to be provided under this paragraph {{gmslaprov|5}}, unless otherwise provided or agreed between the {{gmslaprov|Parties}}, if the relevant demand is received by the {{gmslaprov|Notification Time}} specified in paragraph {{gmslaprov|Schedule 1.5}} of the {{gmslaprov|Schedule}}, then the delivery shall be made not later than the {{gmslaprov|Close of Business}} on the same {{gmslaprov|Business Day}}; if a demand is received after the {{gmslaprov|Notification Time}}, then the relevant delivery shall be made not later than the {{gmslaprov|Close of Business}} on the next {{gmslaprov|Business Day}} after the date such demand is received. <br>