Template:Nutshell GMSLA 2000 6.1: Difference between revisions

no edit summary
No edit summary
No edit summary
 
Line 1: Line 1:
'''{{gmsla2000prov|6.1}} {{gmsla2000prov|Manufactured Payments}}''' <br>
'''{{gmsla2000prov|6.1}} {{gmsla2000prov|Manufactured Payments}}''' <br>
Where {{gmsla2000prov|Income}} is paid on any {{gmsla2000prov|Loaned Securities}} or {{gmsla2000prov|Collateral}} the {{gmsla2000prov|Borrower}} or {{gmsla2000prov|Lender}} (as appropriate) must manufacture an equivalent amount of {{gmsla2000prov|Income}} on the relevant payment date (the '''{{gmsla2000prov|Relevant Payment Date}}''') that the other person would have been entitled to receive from the issuer on the {{gmsla2000prov|Income Payment Date had it not delivered the {{gmsla2000prov|Loaned Securities}} or {{gmsla2000prov|Collateral}} under a {{gmsla2000prov|Loan}}. <br>
Where {{gmsla2000prov|Income}} is paid on any {{gmsla2000prov|Loaned Securities}} or {{gmsla2000prov|Collateral}} the {{gmsla2000prov|Borrower}} or {{gmsla2000prov|Lender}} (as appropriate) must manufacture an equivalent amount of {{gmsla2000prov|Income}} on the relevant payment date (the '''{{gmsla2000prov|Relevant Payment Date}}''') that the other person would have been entitled to receive from the issuer on the {{gmsla2000prov|Income Payment Date}} had it not delivered the {{gmsla2000prov|Loaned Securities}} or {{gmsla2000prov|Collateral}} under a {{gmsla2000prov|Loan}}. <br>