Template:Nutshell Pledge GMSLA 6.3: Difference between revisions

From The Jolly Contrarian
Jump to navigation Jump to search
Created page with "{{subst:Nutshell GMSLA 6.6}}"
 
No edit summary
 
(One intermediate revision by the same user not shown)
Line 1: Line 1:
{{gmslaprov|6.6}} '''{{gmslaprov|Exercise of voting rights}}''' <br>
{{pgmslaprov|6.3}} '''{{pgmslaprov|Exercise of voting rights}}''' <br>
If any [[voting rights]] arise under any {{gmslaprov|Loaned Securities}} or {{gmslaprov|Collateral}}, the party holding the asset in question is not required to vote it at the direction of the party that originally delivered it. <br>
If any [[voting rights]] arise under any {{pgmslaprov|Loaned Securities}}, the {{pgmslaprov|Borrower}} is not required to vote it at the {{pgmslaprov|Lender}}’s direction. <br>

Latest revision as of 15:53, 30 April 2020

6.3 Exercise of voting rights
If any voting rights arise under any Loaned Securities, the Borrower is not required to vote it at the Lender’s direction.