OSLA definition
Examples of OSLA in a sentence
Where the Client is required to deliver securities equivalent to Hong Kong Settlement Securities, it shall effect that delivery by delivering Equivalent Securities (as defined in the OSLA) in accordance with the OSLA and such delivery shall constitute performance of its obligations under this paragraph.
Where the Settlement relates to Hong Kong Settlement Securities MSI plc may deliver the securities directly to the Client (or to its order) in accordance with the OSLA and such delivery shall constitute performance by MSI plc of a Settlement.
With respect to Borrowers who are resident outside of the United States ("Non U.S. Borrowers"), each such loan of securities of a Fund shall be made pursuant to a written Borrower Agreement which is substantially in the form of the standard Overseas Securities Lender's (Agency) Agreement (the "OSLA Agreement"), as amended from time to time, the current version of which is attached hereto as Attachment 2.
The OSLA will be exchanged at the outset of the joint venture relationship, simultaneously with the Members Agreement.
In the case of Priority Sites, the parties must use reasonable endeavours to satisfy the "Initial Site Conditions" (as listed in the attached flowchart) for each Priority Site within six (6) months of the date of exchange of the OSLA.
No party can assign its interest in the OSLA, except that the LLP can assign or charge its benefit to a lender for the purpose of funding its development of the intended housing units.
The parties to the OSLA will be Hyde Housing Association Limited (1), Brighton and Hove Council (2) and Homes for Brighton and Hove LLP (3).
In order to activate a service in the network, an O-SLA contracted between a client and an optical operator has to be provisioned.
After an exposition of the rationale behind an optical SLA, parameters that could be included in this O-SLA, as well as their values for four classes of services, are proposed.
The last part of this article presents issues related to the provisioning of services emanating from this O-SLA.