Fees for Loan. 5.1 Unless otherwise agreed, (a) Borrower agrees to pay Lender a loan fee (a “Loan Fee”), computed daily on each Loan to the extent such Loan is secured by Collateral other than cash, based on the aggregate Market Value of the Loaned Securities on the day for which such Loan Fee is being computed, and (b) Lender agrees to pay Borrower a fee or rebate (a “Cash Collateral Fee”) on Collateral consisting of cash, computed daily based on the amount of cash held by Lender as Collateral, in the case of each of the Loan Fee and the Cash Collateral Fee at such rates as Borrower and Lender may agree. Except as Borrower and Lender may otherwise agree (in the event that cash Collateral is transferred by clearing house funds or otherwise), Loan Fees shall accrue from and including the date on which the Loaned Securities are transferred to Borrower to, but excluding, the date on which such Loaned Securities are returned to Lender, and Cash Collateral Fees shall accrue from and including the date on which the cash Collateral is transferred to Lender to, but excluding, the date on which such cash Collateral is returned to Borrower.
Fees for Loan. 5.1. Borrower and Lender agree to a loan fee (a “Loan Fee”), computed daily on each Loan. For more information, see the attached Schedule of Basis of Compensation for Loan, which is fully incorporated herein.
Fees for Loan. 5.1 Unless otherwise agreed, Borrower agrees to pay Lender a loan fee (a “Loan Fee”), computed daily on each Loan.
Fees for Loan. Unless otherwise agreed, when the agreement to lend securities is made, the parties shall agree on the basis of compensation to be paid in respect of the Loan. Unless otherwise agreed, any fee payable hereunder shall be calculated daily and payable (a) by Lender, in the case of Loaned Securities collateralized by cash, (i) before the 7th Business Day of the month following the month in which the fee was incurred, (ii) immediately, in the event of a Default hereunder by Lender, or (b) by Borrower, in the case of Loaned Securities collateralized other than by cash, (i) before the 7th Business Day of the month following the month in which the fee was incurred, or (ii) immediately, in the event of a Default hereunder by Borrower.
Fees for Loan. 4.1 (a) Borrower agrees to pay Lender a loan fee of 40 basis points per annum (a "LOAN FEE"), computed daily on the Loan, based on the aggregate market value, determined in accordance with Section 15 hereof, of the Loaned Securities on the day for which such Loan Fee is being computed and (b) Lender agrees to pay Borrower a fee or rebate (a "CASH COLLATERAL FEE") on Collateral, equal to the amount of all earnings or returns received by Lender in respect of any Collateral consisting of
Fees for Loan. Unless otherwise agreed, when the agreement to lend securities is made, the parties shall agree on the basis of compensation to be paid in respect of the Loan. Unless otherwise agreed, any fee payable hereunder shall be calculated daily and payable
Fees for Loan. Borrower and Lender agree to a loan fee (a “Loan Fee”), computed daily on each Loan, which such fee may change from time to time in the sole discretion of Borrower. For more information, see the attached Schedule of Basis of Compensation for Loan, which is fully incorporated herein. Unless otherwise agreed, any Loan Fee payable hereunder shall be payable within fifteen (15) Business Days following the last Business Day of the calendar month in which such fee was incurred.
Fees for Loan. 5.1 Unless otherwise agreed:-
Fees for Loan. 5.1 Borrower and Clearing Broker agree to pay Lender a loan fee (a “Loan Fee”), computed daily on each Loan based on the amount of cash or non- cash collateral held by Lender as Collateral as defined herein. Loan Fees shall accrue from and including the date on which the Loaned Securities are transferred to Borrower to, but excluding, the date on which such Loaned Securities are returned to Lender.
Fees for Loan. 5.1. Unless otherwise agreed by Xxxxxx, including in any agreement between Xxxxxx and Xxxxxx’s Introducing Firm that concern Xxxxxx’s compensation in connection with participation in any fully paid securities-lending transactions, Xxxxxxxx agrees to pay Xxxxxx a loan fee (a “Loan Fee”), computed daily on each Loan. The Loan Fee is based on the aggregate Market Value of the Loaned Securities and the current Lending Interest Rate on the day for which such Loan Fee is being computed. The Lending Interest Rate may change at any time, including, but not limited to, as a result of changes in market conditions. Borrower may relend Loaned Securities to third-party borrowers on a principal basis, in which case, Xxxxxxxx’s compensation for the applicable Loan will be the fees paid to Borrower by the third-party borrower less any Loan Fee paid to Lender, any fees paid to Xxxxxx’s Introducing Firm, and potentially any fees paid to other third- party borrowers of the Loaned Securities.
