Loan Initiation Sample Clauses
The Loan Initiation clause defines the process and requirements for formally starting a loan agreement between the lender and borrower. It typically outlines the steps necessary for disbursing funds, such as the submission of required documentation, satisfaction of preconditions, and execution of relevant agreements. By clearly specifying how and when the loan is officially commenced, this clause ensures both parties understand their obligations at the outset and helps prevent disputes regarding the timing and validity of the loan's start.
Loan Initiation. From time to time BTC may lend Securities to Borrowers and deliver such Securities against receipt of Collateral in accordance with the applicable Securities Lending Agreement and the Securities Lending Guidelines. If instructed by the Company in writing, BTC shall refrain from lending a particular Security or from making loans to a particular Borrower.
Loan Initiation. From time to time BGI may lend Securities to Borrowers and deliver such Securities against receipt of Collateral in accordance with the applicable Securities Lending Agreement and the Securities Lending Guidelines. If instructed by the Trust in writing, BGI shall refrain from lending a particular Security or from making loans to a particular Borrower.
Loan Initiation. From time to time Bank may lend to Approved Counterparties Securities held by the Custodian and identified by Customer as being available for Loan and direct the Custodian to deliver such Securities against receipt of Collateral. Nothing in this Agreement shall obligate Bank to make such Loans.
Loan Initiation. From time to time the Bank may lend Securities to Borrowers and deliver such Securities against receipt of Collateral in accordance with the applicable Securities Borrowing Agreement. The Bank shall deliver to the Lender a Receipt in connection with each loan made hereunder, prior to settlement of such loan.
Loan Initiation. No additional notice shall be required from the Borrower to the Lender in order for the Lender to initiate remittance of the Loan Amount under this Agreement.