Lending Agent definition

Lending Agent means State Street Bank and Trust Company acting in its capacity as agent for the Borrower under the Securities Lending Agreement.

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Lending Agent. A Clearing Participant who has been approved by the Clearing House to perform certain functions with respect to lending of Securities by the Lending Participant or the Lender to the Clearing House in a Bursa SBL Transaction as specified in these Rules or any directives, circulars or instructions issued by the Clearing House and who is appointed as an agent to act on behalf of the Lending Participant or the Lender in respect of these functions;

Lending Agent means State Street Bank and Trust Company acting in its capacity as agent for Borrower under the SLAA.

Examples of Lending Agent in a sentence

The records maintained by the Lending Agent (as defined below) shall constitute conclusive evidence with respect to the Loan, including the number of shares of Common Stock that are the subject of the Loan.
Notwithstanding anything to the contrary in the forgoing, if required by the Lending Agent (as defined below), the Loaned Shares shall, subject to the terms of this Agreement (including Section 2(b) hereunder) be delivered to Borrower by Lender by crediting such Loaned Shares to the “Lending Account” (as defined in the SSLA), and Borrower borrowing such Loaned Shares from the Lending Account pursuant to the JPM Lending Agreements and the procedures of the Lending Agent.
Upon the satisfaction of all L▇▇▇▇▇’s obligations hereunder, any remaining Loaned Shares shall be returned to Lender and L▇▇▇▇▇ may direct the Lending Agent accordingly.
Notwithstanding anything to the contrary herein, Lender may not use or invest the Collateral and shall give no instruction to the Collateral Agent or Lending Agent regarding the use or investment of Collateral, except as set forth in ‎Section 11.

More Definitions of Lending Agent

Lending Agent means a person who is authorised to lend shares as agent for a principal;

Lending Agent means State Street Bank and Trust Company, in its capacity as lending agent pursuant to a Securities Lending Agreement;

Lending Agent means PledgeMe or a person nominated by PledgeMe to administer the Loans and take Enforcement Action on behalf of the Participating Lenders. Loan means a loan made by Participating Lenders to a Borrower through the Platform.

Lending Agent means the Bank of New York Mellon, in its capacity as lending agent pursuant to the Securities Lending Agreement.

Lending Agent means a third party who is not a party to a securities lending agreement but who provides support services to securities lenders including the monitoring of loans, the negotiation of lending fees or rebate rates, and the management of collateral;

Lending Agent. ’ means Ningbo Bank Corporation;

Lending Agent. China CITIC Limited (Zhuhai branch)* (中信銀行股份有限公司珠海分行) Amount of the Entrusted Loan: : RMB 100,000,000 Term: : One year Interest rate: : 10% per annum Repayment terms: : The Borrower shall repay in full the outstanding principal amount of Entrusted Loan II upon expiry of the Entrusted Loan II Security : The Entrusted Loan II is secured by the Properties The aggregate amount of the Entrusted Loans in the principal amount of RMB300,000,000 is financed by the internal resources of the Company.