Template:M summ GMSLA 6.7: Difference between revisions

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(Created page with "''Compare Paragraph {{gmsla2000prov|6.4}} of the {{2000gmsla}}, which (ahem ~spoiler alert~) is materially the same'' There is a tension between {{gmslaprov|6.6}} and {{gmsl...")
 
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''Compare Paragraph {{gmsla2000prov|6.4}} of the {{2000gmsla}}, which (ahem ~spoiler alert~) is materially the same''
''Compare Paragraph {{gmsla2000prov|6.4}} of the {{2000gmsla}}, which (ahem ~spoiler alert~) is materially the same''


There is a  tension between {{gmslaprov|6.6}} and {{gmslaprov|6.7}}: while under {{gmslaprov|6.6}} a {{gmslaprov|Borrower}} is not obliged to ''vote'' in a certain way, for a corporate action — even one involving a lender option — the {{gmslaprov|Lender}} may requests the Equivalent securities be returned with the rights taken up.  
[[6.7 - GMSLA Provision|There]] is a  tension between {{gmslaprov|6.6}} and {{gmslaprov|6.7}}: while under {{gmslaprov|6.6}} a {{gmslaprov|Borrower}} is not obliged to ''vote'' in a certain way, for a corporate action — even one involving a lender option — the {{gmslaprov|Lender}} may requests the Equivalent securities be returned with the rights taken up.  


Best illustrated by way of example:
Best illustrated by way of example: