Exercise of buy. in on failure to redeliver In the event that as a result of the failure of the Transferor to fulfil its redelivery obligations a “buy-in” is exercised against the Transferee, then the Transferor shall account to the Transferee for the total costs and expenses reasonably incurred by the Transferee as a result of such “buy-in”.
Appears in 6 contracts
Samples: Lending Agreement (Credit Industriel Et Commercial), Lending Agreement (Credit Industriel Et Commercial), Lending Agreement (Credit Industriel Et Commercial)
Exercise of buy. in on failure to redeliver In the event that as a result of the failure of the Transferor to fulfil its redelivery obligations a “"buy-in” " is exercised against the Transferee, then the Transferor shall account to the Transferee for the total costs and expenses reasonably incurred by the Transferee as a result of such “"buy-in”".
Appears in 1 contract
Samples: Global Master Securities Lending Agreement (Siem Industries Inc.)
