Template:M comp disc GMSLA Act of Insolvency

The Act of Insolvency provisions are identical in the 2018 Pledge GMSLA and the 2010 GMSLA. Also, compare with the “Bankruptcy” definition in the ISDA Master Agreement. Note: the grace period is the languid 30 days of the 1992 ISDA, rather than the more stringent 15 introduced in the 2002 ISDA.