Securities Lending Agreement definition

Securities Lending Agreement means an agreement under which a local agency agrees to transfer securities to a borrower who, in turn, agrees to provide collateral to the local agency. During the term of the agreement, both the securities and the collateral are held by a third party. At the conclusion of the agreement, the securities are transferred back to the local agency in return for the collateral.

Securities Lending Agreement means with respect to any Borrower, the agreement pursuant to which BTC lends securities on behalf of its customers (including the Fund) to such Borrower, as amended from time to time, which agreement shall meet any applicable requirements in the Securities Lending Guidelines. The Securities Lending Agreement may be in the form of a master agreement covering a series of Securities lending transactions from multiple lenders, including the Company.

Securities Lending Agreement means the securities lending authorization dated as of September 15, 2016, among the Company, CIBC Mellon Global Securities Company, CIBC Mellon Trust Company and the Securities Lending Agents to provide securities lending services relating to the Portfolio.

Examples of Securities Lending Agreement in a sentence

• The Global Master Securities Lending Agreement (GMSLA), published by the International Se-curities Lending Association (ISLA), is the model agreement for securities lending on the international market.

• In connection with entering into the Fully-Paid Securities Lending Program, Customer will be required to: (1) review and agree to the Clearing Broker’s Master Securities Lending Agreement, and (2) read and understand the separate document entitled ‘Important Disclosures Regarding Risks and Characteristics of Participating in Apex Clearing Corporation’s Fully-Paid Securities Lending Program,’ which describes the risks and characteristics of the program.

• In connection with entering into the Fully-Paid Securities Lending Program, Customer will be required to: (1) review and agree to the Clearing Broker’s Master Securities Lending Agreement, and (2) read and understand the “Important Disclosures Regarding Risks and Characteristics of Participating in Apex Clearing Corporation’s Fully-Paid Securities Lending Program,” which forms part of the Clearing Broker’s Master Securities Lending Agreement and describes the risks and characteristics of the program.

• In November 2018, the International Securities Lending Association (ISLA) released a new version of the standard market document for securities lending, the Global Master Securities Lending Agreement (the “Pledge GMSLA”) and issued the corresponding legal opinions in March 2019.

• Securities Lending Agreement - XXX.xxx Securities by Xxxxxx to Borrower and which shall cease upon the transfer of the Loaned Securities by Borrower to Lender.

More Definitions of Securities Lending Agreement

Securities Lending Agreement means with respect to any Borrower, the agreement pursuant to which BGI lends securities on behalf of its customers (including the Fund) to such Borrower, as amended from time to time, which agreement shall meet any applicable requirements in the Securities Lending Guidelines. The Securities Lending Agreement may be in the form of a master agreement covering a series of Securities lending transactions from multiple lenders, including the Trust.

Securities Lending Agreement means a securities lending agreement entered into between the Issuer and a Securities Lending Counterparty.

Securities Lending Agreement means an agreement under which a local agency agrees to transfer securities to a borrower who, in turn, agrees to provide collateral to the local agency. During the term of the agreement, both the securities and the

Securities Lending Agreement means that securities lending authorization agreement between State Street Bank and Trust Company and the Trust, on behalf of its series listed on Schedule B thereto (including the Funds), dated January 23, 2013, as it may be amended from time to time.

Securities Lending Agreement means the securities lending agreement (if any) entered into by the Issuer in relation to a Series on the basis of the Securities Lending Terms and a Confirmation (as defined therein) scheduled to the Issue Deed.

Securities Lending Agreement means an agreement which satisfies the Agreed Criteria, whereby the Issuer agrees to the transfer by it of its interest in a Debt Security held in the Portfolio and the subsequent transfer to it of an equivalent Debt Security;

Securities Lending Agreement means an agreement under which a local agency agrees to transfer securities to a borrower who, in