Template:Nutshell 2000 GMSLA 8.4: Difference between revisions

From The Jolly Contrarian
Jump to navigation Jump to search
(Created page with "{{gmslaprov|8.4}} '''{{gmslaprov|Redelivery of Equivalent Collateral on termination of a Loan}}''' <br> When {{gmslaprov|Equivalent Securities}} must be redelivered by {{gmsl...")
(No difference)

Revision as of 09:11, 4 November 2021

8.4 Redelivery of Equivalent Collateral on termination of a Loan

When Equivalent Securities must be redelivered by Borrower on termination of a Loan, Lender must simultaneously (subject to paragraph 5.4) return to Borrower any Cash Collateral or Equivalent Collateral provided by Borrower in respect of the Loan.