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Look here to the [[mini-closeout]] provisions, which are designed to cope with exactly this kind of settlement failure. | Look here to the [[mini-closeout]] provisions, which are designed to cope with exactly this kind of settlement failure. | ||
===[[8 | ===[[8 - GMSLA Provision|And]] a [[letter of credit]] is=== | ||
{{lc capsule}} | {{lc capsule}} | ||
In any case, not a common way of collateralising a [[stock loan]] — done away with entirely in the {{pgmsla}} but hey — you never know. | In any case, not a common way of collateralising a [[stock loan]] — done away with entirely in the {{pgmsla}} but hey — you never know. |