GMSLA definition

GMSLA means the Global Master Securities Lending Agreement (which includes the 2000 version, 2010 version, 2018 version, and/or any other version(s) as may be published by the International Securities Lending Association from time to time);

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GMSLA means a global master securities lending agreement in the form, or substantially in the form, of the Global Master Securities Lending Agreement (Version: May 2000) and the Global Master Securities Lending Agreement (Version: January 2010), each as published by the International Securities Lenders Association;

GMSLA means a global master securities lending agreement in a currently existing industry standard form or a variation thereof, or as subsequently amended or modified by Bank in its discretion.

Examples of GMSLA in a sentence

• The Netting Clause shall not apply to any Transaction in Equity Securities to the extent that such Transaction has become subject to close-out netting under the terms of a GMSLA in place between us.

• Each GMSLA shall be considered a “Securities Borrower Agreement” under the Agreement (together, the “Global Securities Borrowing Agreements”) and that Bank shall have the authority to negotiate and agree to the terms of any such Global Securities Borrowing Agreement and any associated security agreements.

• The Global Master Securities Lending Agreement (GMSLA), published by the International Se-curities Lending Association (ISLA), is the model agreement for securities lending on the international market.

• Since 2017 in the context of the management of its liquidity buffer, Belfius is also active in securities lending transactions under agreed Global Master Securities Lending Agreements (GMSLA).

• Bank may also enter into, as principal, a MSLA, GMSLA or Pledge GMSLA with a Borrower (any such agreement, a “Principal Securities Borrowing Agreement”).

• From Global Master Securities Lending Agreements (GMSLA) and annexes, to legal opinions covering the enforceability of netting provisions in respect of the GMSLA in over 65 jurisdictions globally.

• Together the GMSLA and Pledge GMSLA shall be considered the “Global Securities Borrower Agreements” and each MSLA, GMSLA and Pledge GMSLA shall be a “Securities Borrowing Agreement” under the Agreement.

• Conversely, if the daily aggregate marked-to-market value of Collateral exceeds the Required Collateral Percentage (accounting for any amounts due and payable but unpaid between Clients and the Borrower under the terms of the GMSLA, if any), NTC shall, upon the Borrower’s request, return any excess to the Borrower.

• The Borrower or NTC (as a Client’s agent) may elect, upon service of written notice to the other party, to treat certain events as “Events of Default” (as defined in the GMSLA) should they occur with respect to the other party, including but not limited to an “Act of Insolvency” (as defined in the GMSLA).

• The aggregate costs of such purchase (including all transaction costs) shall be used in calculating the Close-Out Balance in accordance with the GMSLA.

More Definitions of GMSLA

GMSLA means the global master securities lending agreement (2010).

GMSLA means the Global Master Securities Lending Agreement (2000, 2009 and 2010 versions, including the 2000 version as amended by adherence to the ISLA 2009 Securities Lending Set-Off Protocol).

GMSLA means the Global Master Securities Lending Agreement (including the Annex thereto) dated as of November 13, 2008, between FSAM and Dexia Bank Belgium S.A., as the same may from time to time be amended.

GMSLA means the Global Master Securities Lending Agreement and any amendment or replacement of any such agreement;

GMSLA means the “Global Master Securities Lending Agreement” as published by the International Securities Lending Association and its Schedule to be agreed between the Parties.

GMSLA means the 2010 Global Master Securities Lending Agreement published by the International Securities Lending Association, amended by the inclusion of a standard South African schedule thereto and concluded between Computershare and each Approved Borrower;