Template:Pledge GMSLA 2018 8.2: Difference between revisions
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{{pgmslaprov|8.2}} '''{{pgmslaprov|Borrower’s right to terminate a Loan}}''' <br> | {{pgmslaprov|8.2}} '''{{pgmslaprov|Borrower’s right to terminate a Loan}}''' <br> | ||
:Subject to the terms of the relevant {{pgmslaprov|Loan}}, Borrower shall be entitled at any time to terminate a {{pgmslaprov|Loan}} and to deliver all and any {{pgmslaprov|Equivalent}} {{pgmslaprov|Securities}} due and outstanding to {{pgmslaprov|Lender}} in accordance with {{pgmslaprov|Lender}}’s instructions and {{pgmslaprov|Lender}} shall accept such {{pgmslaprov|Delivery}}. | :Subject to the terms of the relevant {{pgmslaprov|Loan}}, Borrower shall be entitled at any time to terminate a {{pgmslaprov|Loan}} and to deliver all and any {{pgmslaprov|Equivalent}} {{pgmslaprov|Securities}} due and outstanding to {{pgmslaprov|Lender}} in accordance with {{pgmslaprov|Lender}}’s instructions and {{pgmslaprov|Lender}} shall accept such {{pgmslaprov|Delivery}}. <br> | ||
Revision as of 08:33, 2 June 2020
8.2 Borrower’s right to terminate a Loan
- Subject to the terms of the relevant Loan, Borrower shall be entitled at any time to terminate a Loan and to deliver all and any Equivalent Securities due and outstanding to Lender in accordance with Lender’s instructions and Lender shall accept such Delivery.