Template:M comp disc GMSLA 27: Difference between revisions
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Largely untouched between the {{gmsla}} and the {{pgmsla}} but for the omission of what I call the “supersession” clause: the one that automatically hoovers up all the outstanding stock loans documented under existing, but due-to-be-superseded, stock loan agreements, which is not used | Largely untouched between the {{gmsla}} and the {{pgmsla}} but for the omission of what I call the “supersession” clause: the one that automatically hoovers up all the outstanding stock loans documented under existing, but due-to-be-superseded, stock loan agreements, which is not used in the transition between [[title transfer]] and [[pledge]] [[stock loans]] because there are some fairly fiddly manual re-bookings required for each Loan, given the change in legal theory of the transactions. | ||
Revision as of 17:23, 17 September 2021
Largely untouched between the 2010 GMSLA and the 2018 Pledge GMSLA but for the omission of what I call the “supersession” clause: the one that automatically hoovers up all the outstanding stock loans documented under existing, but due-to-be-superseded, stock loan agreements, which is not used in the transition between title transfer and pledge stock loans because there are some fairly fiddly manual re-bookings required for each Loan, given the change in legal theory of the transactions.