Common use of Terms & Conditions and Risks of Securities Lending Clause in Contracts

Terms & Conditions and Risks of Securities Lending. 3.1 Hereby, You explicitly give consent to BUX to use Your Financial Instruments and to lend them to a Borrower. In this context, BUX shall at all times act as the counterparty of BUX Custody and shall be obliged to redeliver the Lent Financial Instruments, as specified in more detail in the Securities Lending Handbook.

Terms & Conditions and Risks of Securities Lending. 3.1 HerebyXxxxxx, You explicitly give consent to BUX to use Your Financial Instruments and to lend them to a Borrower. In this context, BUX shall at all times act as the counterparty of BUX Custody and shall be obliged to redeliver the Lent Financial Instruments, as specified in more detail in the Securities Lending Handbook.