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Amwelladmin (talk | contribs) (Created page with "{{gmslaprov|10.1(d)}} An {{gmslaprov|Act of Insolvency}} occurring with respect to {{gmslaprov|Lender}} or {{gmslaprov|Borrower}}. If {{gmslaprov|Automatic Early Termination}}...") |
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{{gmslaprov|10.1(d)}} An {{gmslaprov|Act of Insolvency}} occurring | {{gmslaprov|10.1(d)}} '''{{gmslaprov|Act of Insolvency}}''': An {{gmslaprov|Act of Insolvency}} occurring to {{gmslaprov|Lender}} or {{gmslaprov|Borrower}}. If {{gmslaprov|Automatic Early Termination}} applies, if anyone presents a winding up petition or appoints a liquidator, it will be an {{gmslaprov|Automatic Early Termination}} and the {{gmslaprov|Non Defaulting Party}} need not serve written notice. <br> |