Securities Borrowing and Lending Sample Clauses

Securities Borrowing and Lending. The SEHK has announced that securities borrowing and lending will be permitted for eligible China Connect Securities as specified by the relevant China Connect Market for the purpose of (a) covered short selling and (b) satisfying the Pre-Trade Checking requirement. Securities borrowing and lending of eligible China Connect Securities will be subject to restrictions set by SEHK and the relevant China Connect Market, including but not limited to the following:
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Securities Borrowing and Lending. In the event that we apply Securities or Securities Collateral in accordance with Clause 8.1(a) of this Section, we may either:
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Securities Borrowing and Lending. E1. The Customer acknowledges and agrees that where the Customer has requested, on the Application Form, to borrow securities through the SBL Account with DBS Xxxxxxx inter alia for purposes of delivery to settle a proposed sale on SGX-ST or subsequent to the date of the Application Form, the Customer has requested to borrow securities through the SBL Account with DBS Xxxxxxx, the Customer agrees to comply with the terms and conditions in this Section E which shall apply in addition to all other terms and conditions in the other sections of this Agreement and all other documents pertaining to the SBL Account. For this purpose, the Customer requests that DBS Xxxxxxx opens and maintains for the Customer a SBL Account. The Customer represents and warrants that it is eligible to apply for and open a SBL Account, based on the criteria determined from time to time by DBS Xxxxxxx. DBS Xxxxxxx agrees to open and maintain the SBL Account. Subject to the terms and conditions herein, on any Market Day during DBS Xxxxxxx’ business hours and on each occasion when the Customer wishes to borrow securities to meet its obligations for a proposed sale on the SGX-ST, the Customer shall submit to DBS Xxxxxxx a request (the “Borrowing Request”) to borrow securities (as specified in the Borrowing Request) for the purposes of settling the proposed sale on the SGX-ST. DBS Xxxxxxx shall be entitled to determine from time to time and at its absolute discretion such minimum limits and/or other criteria for a Borrowing Request and/or loan of securities, and the Customer agrees to comply with such minimum limits and/or other criteria. Such Borrowing Request may be made by a Customer through any means of communication and agents (including the Customer’s Trading Representative). The Customer shall not be entitled to revoke such Borrowing Request and DBS Xxxxxxx shall be entitled to treat the Borrowing Request as irrevocable. The Customer agrees that DBS Xxxxxxx is not obliged to accept and act upon a Borrowing Request and may refuse at any time and at its absolute discretion to do so or to continue doing so without providing any reason. The Customer agrees that DBS Xxxxxxx may from time to time and at its discretion establish and review borrowing and position limits for the Customer, and the Customer agrees to comply with, and not to exceed, such limits. E2. DBS Xxxxxxx will notify the Customer whether the securities are available for borrowing and a notification that such securities a...
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Related to Securities Borrowing and Lending

  • Manner of Borrowing and Funding Revolver Loans Borrowings under the Commitments established pursuant to Section 1.1 hereof shall be made and funded as follows:

  • Special Provisions Governing Eurodollar Rate Loans Notwithstanding any other provision of this Agreement to the contrary, the following provisions shall govern with respect to Eurodollar Rate Loans as to the matters covered:

  • Borrowing and Security To borrow funds and to mortgage and pledge the assets of the Trust or any part thereof to secure obligations arising in connection with such borrowing;

  • Use of Loans and Letters of Credit The proceeds of the Loans and the Letters of Credit shall be used to provide working capital for exploration and production operations, to provide funding for general corporate purposes, including the issuance of letters of credit. The Borrower and its Subsidiaries are not engaged principally, or as one of its or their important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying margin stock (within the meaning of Regulation T, U or X of the Board). No part of the proceeds of any Loan or Letter of Credit will be used for any purpose which violates the provisions of Regulations T, U or X of the Board.

  • Procedure for Swingline Borrowing; Refunding of Swingline Loans (a) Whenever the Borrower desires that the Swingline Lender make Swingline Loans it shall give the Swingline Lender irrevocable telephonic notice confirmed promptly in writing (which telephonic notice must be received by the Swingline Lender not later than 1:00 P.M., New York City time, on the proposed Borrowing Date), specifying (i) the amount to be borrowed and (ii) the requested Borrowing Date (which shall be a Business Day during the Revolving Commitment Period). Each borrowing under the Swingline Commitment shall be in an amount equal to $500,000 or a whole multiple of $100,000 in excess thereof. Not later than 3:00 P.M., New York City time, on the Borrowing Date specified in a notice in respect of Swingline Loans, the Swingline Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the amount of the Swingline Loan to be made by the Swingline Lender. The Administrative Agent shall make the proceeds of such Swingline Loan available to the Borrower on such Borrowing Date by depositing such proceeds in the account of the Borrower with the Administrative Agent on such Borrowing Date in immediately available funds.

  • CONDITIONS OF LENDING AND ISSUANCE OF LETTERS OF CREDIT The obligation of each Lender to make Loans and of the Issuing Lender to issue Letters of Credit hereunder is subject to the performance by each of the Loan Parties of its Obligations to be performed hereunder at or prior to the making of any such Loans or issuance of such Letters of Credit and to the satisfaction of the following further conditions:

  • Procedure for Borrowing Swingline Loans The Borrower shall give the Agent and the Swingline Lender notice pursuant to a Notice of Swingline Borrowing or telephonic notice of each borrowing of a Swingline Loan. Each Notice of Swingline Borrowing shall be delivered to the Swingline Lender no later than 3:00 p.m. on the proposed date of such borrowing. Any such notice given telephonically shall include all information to be specified in a written Notice of Swingline Borrowing and shall be promptly confirmed in writing by the Borrower pursuant to a Notice of Swingline Borrowing sent to the Swingline Lender by telecopy on the same day of the giving of such telephonic notice. On the date of the requested Swingline Loan and subject to satisfaction of the applicable conditions set forth in Article V. for such borrowing, the Swingline Lender will make the proceeds of such Swingline Loan available to the Borrower in Dollars, in immediately available funds, at the account specified by the Borrower in the Notice of Swingline Borrowing not later than 4:00 p.m. on such date.

  • Initial Borrowing Before or concurrently with the initial Borrowing:

  • Conditions of Initial Borrowing The obligation of each Lender to make its initial Borrowing hereunder is subject to satisfaction of the following conditions precedent:

  • CONDITIONS TO LOANS AND LETTERS OF CREDIT The obligations of Lenders to make Loans and the issuance of Letters of Credit hereunder are subject to the satisfaction of the following conditions.

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