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.

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

• Collateral received is segregated from the assets belonging to each Funds’ Depositary or the Securities Lending Agent.

• Securities lending transactions entered into by the Funds are subject to a written legal agreement between the Funds and the Securities Lending Agent, BlackRock Advisors (UK) Limited, a related party to the Company, and separately between the Securities Lending Agent and the approved borrowing counterparty.

• Collateral received is segregated from the assets belonging to the Funds’ Depositary or the Lending Agent.

• All securities lending transactions entered into by each Fund are subject to a written legal agreement between each Fund and the Securities Lending Agent, BlackRock Advisors (UK) Limited, a related party to the Entity, and separately between the Securities Lending Agent and the approved borrowing counterparty.

• The outstanding 15 percent will be allocated to the Securities Lending Agent.

More Definitions of Lending Agent

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

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

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

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.

Lending Agent. Bank of China Limited, Shenzhen Sub-Branch Amount of the Entrusted Loan : up to RMB200 million by two tranches. The first tranche of the Entrusted Loan will be in the principal amount of RMB120 million. Subject to mutual agreement between the parties, the second tranche of the Entrusted Loan will be in the principal amount of up to RMB80 million. The Entrusted Loan in the principal amount of up to RMB200 million will be financed by the internal resources of the Paliburg Group. Term : 6 months Interest rate : 15% per annum, payable on a monthly basis Repayment terms : The Borrower shall repay in full the outstanding principal amount of the Entrusted Loan together with the interest accrued thereon upon expiry of the Entrusted Loan.

Lending Agent means the Bank or, in the event the Bank has retained a lending subagent, as provided by Section 2(c) herein, the Lending Subagent.