Template:GMSLA 2010 8.3: Difference between revisions

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Text replacement - "For the avoidance of doubt" to "{{f|For the avoidance of doubt}}"
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m (Text replacement - "For the avoidance of doubt" to "{{f|For the avoidance of doubt}}")
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{{gmslaprov|8.3}} '''{{gmslaprov|Delivery of Equivalent Securities on termination of a Loan}}''' <br>
{{gmslaprov|8.3}} '''{{gmslaprov|Delivery of Equivalent Securities on termination of a Loan}}''' <br>
{{gmslaprov|Borrower}} shall procure the {{gmslaprov|Delivery}} of {{gmslaprov|Equivalent}} {{gmslaprov|Securities}} to {{gmslaprov|Lender}} or deliver {{gmslaprov|Equivalent}} {{gmslaprov|Securities}} in accordance with this {{gmslaprov|Agreement}} and the terms of the relevant {{gmslaprov|Loan}} on termination of the {{gmslaprov|Loan}}.  For the avoidance of doubt any reference in this {{gmslaprov|Agreement}} or in any other agreement or communication between the {{gmslaprov|Parties}} (howsoever expressed) to an obligation to deliver or account for or act in relation to {{gmslaprov|Loaned Securities}} shall accordingly be construed as a reference to an obligation to deliver or account for or act in relation to {{gmslaprov|Equivalent}} {{gmslaprov|Securities}}. <br>
{{gmslaprov|Borrower}} shall procure the {{gmslaprov|Delivery}} of {{gmslaprov|Equivalent}} {{gmslaprov|Securities}} to {{gmslaprov|Lender}} or deliver {{gmslaprov|Equivalent}} {{gmslaprov|Securities}} in accordance with this {{gmslaprov|Agreement}} and the terms of the relevant {{gmslaprov|Loan}} on termination of the {{gmslaprov|Loan}}.  {{f|For the avoidance of doubt}} any reference in this {{gmslaprov|Agreement}} or in any other agreement or communication between the {{gmslaprov|Parties}} (howsoever expressed) to an obligation to deliver or account for or act in relation to {{gmslaprov|Loaned Securities}} shall accordingly be construed as a reference to an obligation to deliver or account for or act in relation to {{gmslaprov|Equivalent}} {{gmslaprov|Securities}}. <br>