This document outlines the procedures and remedies available to parties in the event of a default in a securities transaction. It specifies how the Default Market Value of securities is determined, the liabilities of the defaulting party, and the actions that can be taken by the non-defaulting party. It also details the consequences if either the seller or buyer fails to deliver the securities on the agreed dates.
documents/vol00010-efta01353279-pdf.pdf
{"document_type":"legal","reference_numbers":["DB-SDNY-0037593","SDNY_GM_00183777","EFTA01353279"]}