ISLA is pleased to announce the publication of new templates to accompany the 2000, 2010, and 2018 versions of the Global Master Securities Lending Agreement (GMSLA).
Developed by the ISLA Documentation Subgroup, in collaboration with Linklaters as appointed counsel, the following templates have been produced:
- Mini Close-out Notice
- Default Notice
- Termination Notice
- Amendment Agreement
The templates have been produced to provide a point of reference for parties who have not otherwise developed their own. ISLA is not seeking to create any new standard, or to change existing practices. Use of the templates is not mandatory and parties may adapt the templates as required.