Permitted Purpose. The Loaned Securities may be used by the SP for any purpose permitted under Regulation T, including, but not limited to, to satisfy delivery requirements resulting from short sales, to cover a short sale or a failure to deliver, to satisfy customer possession and control requirements or to further on‐lend the Loaned Securities to a third party.
Appears in 5 contracts
Samples: Brokerage Services Agreement, Trading Services Customer Agreement, Letter Agreement