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Template:GTMA Master Agreement 2004 12.1.6: Difference between revisions
Template:GTMA Master Agreement 2004 12.1.6 (view source)
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Amwelladmin (talk | contribs) (Created page with "{{gtmaprov|}} ('''{{gtmaprov|Credit Support}}''')<br> :{{gtmaprov|12.1.6(a)}} the {{gtmaprov|Party}} or any {{gtmaprov|Credit Support Provider}} of the {{gtmaprov|Party}} fail...") |
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{{gtmaprov|}} ('''{{gtmaprov|Credit Support}}''')<br> | {{gtmaprov|12.1.6}} ('''{{gtmaprov|Credit Support}}''')<br> | ||
:{{gtmaprov|12.1.6(a)}} the {{gtmaprov|Party}} or any {{gtmaprov|Credit Support Provider}} of the {{gtmaprov|Party}} fails to comply with or perform any agreement or obligation to be complied with or performed by it in accordance with any {{gtmaprov|Credit Support Document}} if that failure is continuing after any applicable [[grace period]] has elapsed;<br> | :{{gtmaprov|12.1.6(a)}} the {{gtmaprov|Party}} or any {{gtmaprov|Credit Support Provider}} of the {{gtmaprov|Party}} fails to comply with or perform any agreement or obligation to be complied with or performed by it in accordance with any {{gtmaprov|Credit Support Document}} if that failure is continuing after any applicable [[grace period]] has elapsed;<br> | ||
:{{gtmaprov|12.1.6(b)}} any {{gtmaprov|Credit Support Document}} expires or terminates or fails or ceases to be in full force and effect for the purpose of this {{gtmaprov|Agreement}} (in either case other than in accordance with its terms) prior to the satisfaction of all obligations of the {{gtmaprov|Party}} under each {{gtmaprov|Transaction}} to which that {{gtmaprov|Credit Support Document}} relates without the written consent of the other {{gtmaprov|Party}}; or<br> | :{{gtmaprov|12.1.6(b)}} any {{gtmaprov|Credit Support Document}} expires or terminates or fails or ceases to be in full force and effect for the purpose of this {{gtmaprov|Agreement}} (in either case other than in accordance with its terms) prior to the satisfaction of all obligations of the {{gtmaprov|Party}} under each {{gtmaprov|Transaction}} to which that {{gtmaprov|Credit Support Document}} relates without the written consent of the other {{gtmaprov|Party}}; or<br> | ||
:{{gtmaprov|12.1.6(c)}} the Party or any {{gtmaprov|Credit Support Provider}} of that {{gtmaprov|Party}} disaffirms, disclaims, repudiates or rejects, in whole or in part, or challenges the validity of, that {{gtmaprov|Credit Support Document}};<br> | :{{gtmaprov|12.1.6(c)}} the Party or any {{gtmaprov|Credit Support Provider}} of that {{gtmaprov|Party}} disaffirms, disclaims, repudiates or rejects, in whole or in part, or challenges the validity of, that {{gtmaprov|Credit Support Document}};<br> | ||