[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-165899-105":53,"doc-detail-165899-en":126},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":119,"head_meta":121,"extra_data":123,"updated_unix":125},105,"en","template-mini-close-out-notice-gmra-2000-version-post-split","Template Mini Close-out Notice - GMRA 2000 Version Post-Split","","ICMA provides a template for serving a written mini close-out notice under paragraph 10(h)(iii) of the TBMA/ISMA Global Master Repurchase Agreement (2000 Version) (GMRA). The notice enables the seller to terminate a transaction when the buyer fails to deliver equivalent securities. The document explains the required termination language, effectiveness timing, relevant valuation references under paragraph 10(c), delivery rules under paragraph 14, and key limitations, including that it does not address payment amounts or amounts due under paragraph 10(k).",{"@graph":63,"@context":118},[64,80,101],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":41,"@type":70,"position":76},"https://docshare.wps.com/template/letters/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/template-mini-close-out-notice-gmra-2000-version-post-split/165899/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/template-mini-close-out-notice-gmra-2000-version-post-split/165899.png","ImageObject",442,249,{"name":88,"@type":89},"Mali","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/vnd.openxmlformats-officedocument.wordprocessingml.document","2026-09-20","2026-08-31",true,{"@type":98,"interactionType":99,"userInteractionCount":9},"InteractionCounter",{"@type":100},"ViewAction",{"@type":102,"mainEntity":103},"FAQPage",[104,110,114],{"name":105,"@type":106,"acceptedAnswer":107},"What is the purpose of this ICMA Template Mini Close-out Notice under the GMRA?","Question",{"text":108,"@type":109},"It assists a party in serving written notice to its counterparty under paragraph 10(h)(iii) of the GMRA when a delivery failure occurs related to equivalent securities.","Answer",{"name":111,"@type":106,"acceptedAnswer":112},"What must the mini close-out notice state for the transaction to terminate immediately?",{"text":113,"@type":109},"It should declare that the relevant transaction shall be terminated immediately in accordance with paragraph 10(c), using the effective date of the notice as described in the template.",{"name":115,"@type":106,"acceptedAnswer":116},"How should the notice be delivered under the GMRA?",{"text":117,"@type":109},"Any GMRA notice, including a mini close-out notice, must be delivered according to the Notices provision in paragraph 14 of the GMRA and the address for notices in Annex I.","https://schema.org",{"og:url":78,"og:type":120,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":122,"canonical":78},"index,follow",{"doc_id":124,"site_id":56},165899,1788178375,{"code":4,"msg":5,"data":127},{"doc_id":124,"user_id":128,"nickname":88,"user_avatar":129,"doc_module":9,"category_id":40,"category_name":41,"doc_title":59,"doc_description":61,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":9,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":79,"language":135,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":136,"faqs":137,"seo_title":138,"seo_description":61,"update_tm":125,"read_time":73},2336475104362,"https://ap-avatar.wpscdn.com/avatar/22000c4c46a41b752dd?x-image-process=image/resize,m_fixed,w_180,h_180&k=1786595829695023868","Template Mini Close-out Notice\nIntroduction\nThis template Mini Close-out Notice has been published by the International Capital Market Association (“ICMA”) to assist a party wishing to serve written notice on its counterparty in accordance with paragraph 10(h)(iii) of the TBMA/ISMA Global Master Repurchase Agreement (2000 Version) (the “GMRA”).\nCapitalised terms used in these introductory paragraphs and not otherwise defined herein shall have the meaning given to them in the GMRA.\nResponsibility of the parties and disclaimer regarding legal advice\nICMA does not assume any responsibility for any use of this Template Mini Close-out Notice. The party sending a mini close-out notice based on this Template Mini Close-out Notice should ensure that it is satisfied that any such notice is effective and appropriate in respect of the GMRA. In particular, the party sending a mini close-out notice should have regard to the GMRA as negotiated with the counterparty, which may include amendments to the standard mini close-out and notices provisions. A party sending a mini close-out notice based on this Template Mini Close-out Notice should also consider any regulatory or legal constraints which may impact the exercise of its rights with respect to the GMRA.\nThe introductory paragraphs to this Template Mini Close-out Notice, the Template Mini Close-out Notice itself and the related explanatory footnotes do not constitute legal advice. The party sending a mini close-out notice should seek legal advice in any relevant jurisdiction and consult with any other advisor it deems appropriate prior to sending a mini close-out notice.\nCircumstances in which this Template Mini Close-out Notice can be used\nParagraph 10(h)(iii) of the GMRA provides the Seller with a right to terminate a Transaction by sending written notice to the other party in the event that the Buyer fails to deliver Equivalent Securities in accordance with its obligation to do so.\nIn order to exercise the right to a mini close-out of the relevant Transaction as a result of the above failure, the Seller must serve written notice on the other party. Any such notice should declare that the relevant Transaction shall be terminated immediately in accordance with sub-paragraph 10(c) of the GMRA (disregarding for this purpose references in that sub-paragraph to transfer of Cash Margin and delivery of Equivalent Margin Securities as if references to the Repurchase Date were to the date on which notice was given under sub-paragraph 10(h)(iii) of the GMRA). That date should be construed as the date on which the notice becomes effective, if later than the date it was sent.\nThis Template Mini Close-out Notice can be used as a basis for drafting such a notice pursuant to paragraph 10(h)(iii) of the GMRA.\nThis Template Mini Close-out Notice does not cover any communication of (i) the amount due from one party to the other as a result of termination of the relevant Transaction or (ii) any amounts due and payable under paragraph 10(k) of the GMRA with respect to the delivery failure.\nThe party sending the mini close-out notice should have regard to paragraph 10(b) of the GMRA for information on termination of the relevant Transaction on delivery of a mini close-out notice, and how the amount payable as a result will be calculated, but disregarding for this purpose references in that sub-paragraph to transfer of Cash Margin and delivery of Equivalent Margin Securities.\nDelivery of a mini close-out notice\nParties are reminded that any notice under the GMRA, including any mini close-out notice based on this Template Mini Close-out Notice, should be delivered in accordance with the Notices provision in paragraph 14 of the GMRA and the address for notices provisions in Annex I to the GMRA.\n\u000f\n[Insert address of the party sending the notice]\n[Insert addressee details for the recipient]\nDear Sir/Madam,\nRe: Mini close-out notice under the TBMA/ISMA Global Master Repurchase Agreement (2000 Version) dated [inse","cbCaismeDRA0EQRB","https://ap.wps.com/l/cbCaismeDRA0EQRB","docx",63638,"English","# Introduction\n## Responsibility of the parties and disclaimer regarding legal advice\n## Circumstances in which this Template Mini Close-out Notice can be used\n## Delivery of a mini close-out notice\n# Mini close-out notice template","[{\"question\":\"What is the purpose of this ICMA Template Mini Close-out Notice under the GMRA?\",\"answer\":\"It assists a party in serving written notice to its counterparty under paragraph 10(h)(iii) of the GMRA when a delivery failure occurs related to equivalent securities.\"},{\"question\":\"What must the mini close-out notice state for the transaction to terminate immediately?\",\"answer\":\"It should declare that the relevant transaction shall be terminated immediately in accordance with paragraph 10(c), using the effective date of the notice as described in the template.\"},{\"question\":\"How should the notice be delivered under the GMRA?\",\"answer\":\"Any GMRA notice, including a mini close-out notice, must be delivered according to the Notices provision in paragraph 14 of the GMRA and the address for notices in Annex I.\"}]","Template Mini Close-out Notice - GMRA 2000 Version Post-Split | DOCX"]