Loans of Securities. 2.1 Subject to the terms and conditions of this Agreement, either party hereto may orally initiate a transaction whereby Lender, may, from time to time, lend securities to Borrower. The parties shall agree on the terms of each Loan, including the issuer of the securities, the class of securities, the quantity or principal amount of securities to be lent, the term certain or uncertain of each Loan, the basis of compensation, and the type and amount of Collateral (including, in the case of securities, the issuer of the securities, the class and principal amount or quantity of the securities) to be delivered by Borrower, which terms may be amended during the Loan, by agreement of each party.
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Samples: Securities Loan Agreement, Securities Loan Agreement, Securities Loan Agreement
