Terms & Conditions and Risks of Securities Lending. 3.1 You herewith give consent to BUX to borrow Your Financial Instruments. BUX may, in turn, Lend these Financial Instruments to a Borrower. You lose the legal title to the Financial Instruments during the lending period but retain the economic benefits of these Financial Instruments. BUX makes use of BUX Custody for the safekeeping of the Financial Instruments and money for Clients. If BUX Lends Your Financial Instruments to a Borrower, BUX will ensure that these Financial Instruments are directly transferred from BUX Custody to the Borrower.
Appears in 4 contracts
Samples: Client Agreement, Client Agreement, Securities Lending Agreement
