Lending Agent. The Lending Agent shall negotiate on behalf of the Client with each Approved Borrower all terms of a securities loan, including the amounts or fees to be received or paid pursuant to the applicable SLA. The Lending Agent may prepare a transactional confirmation in respect of each loan effected pursuant to an SLA, setting forth the securities borrowed and the material terms of the loan, and may transmit such confirmation to the Approved Borrower in accordance with such SLA. The Client understands and agrees that the identity of the Client will be disclosed by the Lending Agent to the Approved Borrower in accordance with the SLA.
Lending Agent. This indemnity shall survive the termination of this Agreement and the resignation or removal of the Lending Agent.
Lending Agent. Pursuant to the Agreement, the Lending Agent is authorized to invest Cash Collateral of the Fund in a collective investment vehicle that satisfies the requirements of such Section 6. None of these collective investment vehicles are guaranteed or insured by the Lending Agent or its affiliates or by the Federal Deposit Insurance Corporation or any government agency. Set forth below is information about the MELLON GSL DBT II COLLATERAL FUND Series of the MELLON GSL REINVESTMENT TRUST, a collective investment vehicle to be utilized by the Lending Agent pursuant to the Agreement for the investment of Cash Collateral. Delaware Business Trust. A Delaware business trust, known as the Mellon GSL Reinvestment Trust (the "Trust"), has been established for the purpose of investment and reinvestment of Cash Collateral on behalf of clients in the securities lending programs of the Lending Agent and its affiliates, particularly clients who are not eligible to participate in collective trusts or common trust funds maintained by the Lending Agent or its affiliates. A complete copy of the Declaration of Trust establishing the Trust is available upon request.
Lending Agent. CITIC Trust Co. Ltd.,* ( 中 信 信 托 有 限 責 任 公 司 ) Amount of the Extended Entrusted Loan: RMB160 million, which shall be released to the Borrower upon deposit by the Lender of the fund into the account designated by the Lending Agent and upon written confirmation by the Lender Term: The original term under the Entrusted Loan Agreement (i.e. 17 December 2012 to 16 December 2015) was extended for two years till 17 December 2017 Interest rate: Fixed 8% per annum Repayment terms: The repayment term under the Entrusted Loan Agreement remained unchanged. Interest is payable by the Borrower quarterly or upon early repayment of the Extended Entrusted Loan. The Borrower shall repay not less than 25%, 50% and 75% of the outstanding principal under the Extended Entrusted Loan on or before the expiry of the 51st, 54th and 57th months (being March 2017, June 2017 and September 2017) from the date of the Extended Entrusted Loan, with balance repayable in full upon expiry of the Extended Entrusted Loan. Upon expiry of one year after the signing of the Supplemental Entrusted Loan Agreement, either the Lender or the Borrower has the right to terminate the Entrusted Loan Arrangement. The Borrower and Zhejiang Chisen would assume joint and several obligations regarding the repayment of the principal and interest of the Entrusted Loan. Upon receipt of interest or principal, the Lending Agent shall pay the same amount to the Lender within two business days after deduction of an agreed fee to be charged by the Lending Agent.
Lending Agent. Each of the Entrusted Loans will be provided by Shanghai SAC to Shanghai Building Material through a lending agent which shall be a licensed commercial bank in the PRC and a third party independent to the Company and its connected persons. The handling charge shall be paid by Shanghai Building Material to the lending agent.
