Loan of Securities. During the term of any securities loan, the Client shall permit the loaned securities to be transferred, pursuant to an SLA, into the name of an Approved Borrower.
Loan of Securities. 1.1 Subject to the terms and conditions of this Agreement, either party hereto may orally initiate a transaction whereby Lender may, from time to time, lend securities to Borrower. The parties shall agree orally on the terms of each Loan, including the date of commencement of the Loan, the issuer of the securities, the description and amount of securities to be lent and the method and location of their delivery, the terms of compensation (including any applicable rebate), the Margin Percentage, and the type(s) and amount of Collateral to be transferred by Borrower and the method and location of their delivery, which terms may be amended during the Loan upon mutual agreement of the parties.
Loan of Securities. During the term of any securities loan, the Fund shall permit the loaned securities to be transferred, pursuant to an SLA, into the name of and voted (where applicable) by an Approved Borrower (or other holder or representative holder of the securities). BBH&Co. is authorized in its discretion to terminate any securities loan entered into with an Approved Borrower without prior notice to the Fund, subject to the conditions of the relevant SLA. The Fund may itself instruct BBH&Co. to terminate any loan on any date, subject to the conditions of the relevant SLA. BBH&Co. agrees to comply with any such instruction.
Loan of Securities. 1.1 Upon request of Xxxxxxxx, Lender may, from time to time, in its discretion and on behalf of the Clients, lend securities to Borrower against the receipt of collateral delivered by Xxxxxxxx. The parties shall agree on the terms of each Loan, including the identity and amount of the securities to be lent, the basis of compensation, and the type and amount of Collateral to be delivered by Borrower (subject to the terms and conditions of this Agreement), which terms may be amended during the period of the Loan only by mutual agreement of the parties hereto.
Loan of Securities. The Firm is authorized to lend to itself or others any securities held in your Account and to carry all securities lent as general loans. In connection with such loans, the Firm may receive compensation and retain certain benefits that you will not be entitled to, such as interest on Collateral posted for such loans. In certain circumstances, such loans may limit your ability to exercise voting rights with respect to the securities lent. You understand that in certain situations in which the Firm has borrowed your securities, you may receive a “payment in lieu” of the dividend issued.
Loan of Securities. During the term of any securities loan, each Participating Fund shall permit the loaned securities to be transferred, pursuant to an MSLA, into the name of and voted (where applicable) by an Approved Borrower. Lending Agent is authorized in its discretion to terminate any securities loan entered into with a Borrower without notice to the Participating Fund or Adviser, subject to the conditions of the relevant MSLA. Adviser may instruct Lending Agent to terminate any loan on any date, subject to the conditions of the relevant MSLA. Lending Agent shall promptly comply with any such instruction.
Loan of Securities. THE INSTRUMENT(s) ARE FOR THE FOLLOWING PURPOSE: The instrument(s) will be used for LENDER business purposes and for other business interests.
Loan of Securities. 1.1 Subject to the terms and conditions of this Agreement, either party hereto may initiate a transaction by telephone, mail, facsimile, e-mail, electronic message whereby Lender may, from time to time, lend securities to Borrower. The parties shall agree by telephone, mail, facsimile, e-mail, electronic message on the terms of each Loan, including the date of commencement of the Loan, the issuer of the securities, the description and amount of securities to be lent and the method and location of their delivery, the terms of compensation (including any applicable rebate), the Margin Percentage, and the type(s) and amount of Collateral to be transferred by Borrower and the method and location of their delivery, which terms may be amended during the Loan upon mutual agreement of the parties.
Loan of Securities. During the tenn of any securities loan, the Client shall pennit the loaned securities to be transferred, pursuant to a SLA, into the name of an Approved Borrower.
Loan of Securities. Lender, in its sole discretion, may from time to time lend securities to Borrower at Borrower’s request. If Lender decides to make such a loan, it shall deliver to Borrower certificates representing the securities loaned in form for good delivery or shall direct that the securities loaned be credited to Borrower’s account at The Depository Trust Company or, in the case of U.S. Treasury securities, in the Federal Reserve book-entry system. (Each security loaned to Borrower is hereinafter called a “Security” and collectively the “Securities”). Each such loan shall be evidenced by appropriate receipts or notifications customary in such transactions.
