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Template:Nutshell GMSLA 1.1: Difference between revisions
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{{gmslaprov|1.1}} The {{gmslaprov|Parties}} may enter into | {{gmslaprov|1.1}} The {{gmslaprov|Parties}} may enter into {{gmslaprov|Loan}}s through their {{gmslaprov|Designated Office}}s where one ('''{{gmslaprov|Lender}}''') transfers securities and financial instruments ('''{{gmslaprov|Securities}}''') to the other ('''{{gmslaprov|Borrower}}''') against the transfer by the other of {{gmslaprov|Collateral}}, with a simultaneous agreement by the {{gmslaprov|Borrower}} to transfer {{gmslaprov|Equivalent}} {{gmslaprov|Securities}} back to {{gmslaprov|Lender}} at a future date against the return of {{gmslaprov|Equivalent}} {{gmslaprov|Collateral}}. <br> | ||