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LMA Annual binding authority model agreements

The LMA Model binding authority wordings: LMA 3113 (Worldwide excluding USA/Canada); LMA 3114 (USA); LMA 3115 (Canada). These wordings replace a number of the existing 2006 model binding authority wordings.

The 2006 wordings can still be used if all parties agree, although the new wordings are designed to reflect changing legal and regulatory expectations for outsource agreements.