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Template:Pledge GMSLA 2018 6.1: Difference between revisions
Template:Pledge GMSLA 2018 6.1 (view source)
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Amwelladmin (talk | contribs) (Created page with "{{pgmslaprov|6.1}} {{pgmslaprov|Manufactured payments in respect of Loaned Securities}} Where a {{pgmslaprov|Loan}} extends over an {{pgmslaprov|Income Record Date}} or an {{p...") |
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{{pgmslaprov|6.1}} {{pgmslaprov|Manufactured payments in respect of Loaned Securities}} | {{pgmslaprov|6.1}} '''{{pgmslaprov|Manufactured payments in respect of Loaned Securities}}''' <br> | ||
Where a {{ | Where the term of a {{gmslaprov|Loan}} extends over an {{pgmslaprov|Income Record Date}} in respect of any {{pgmslaprov|Loaned Securities}} or an {{pgmslaprov|Income Record Date}} in respect of any such {{pgmslaprov|Securities}} occurs after the end of the term of the relevant {{gmslaprov|Loan}} but before {{pgmslaprov|Equivalent}} {{pgmslaprov|Securities}} have been delivered to {{pgmslaprov|Lender}}, {{pgmslaprov|Borrower}} shall, on the date such {{pgmslaprov|Income}} is paid by the issuer, or on such other date as the {{pgmslaprov|Parties}} may [[from time to time]] agree, pay or deliver to {{pgmslaprov|Lender}} such sum of money or property as is agreed between the {{pgmslaprov|Parties}} or, failing such agreement, a sum of money or property {{pgmslaprov|Equivalent}} to (and in the same currency as) the type and amount of such {{pgmslaprov|Income}} that would be received by {{pgmslaprov|Lender}} (after any applicable withholding or deduction for or on account of {{pgmslaprov|Tax}}) in respect of such {{pgmslaprov|Loaned Securities}} assuming such {{pgmslaprov|Securities}} were not loaned to {{pgmslaprov|Borrower}} and were retained by {{pgmslaprov|Lender}} on the {{pgmslaprov|Income Record Date}}. <Br> | ||