Template:Nutshell OSLA 2: Difference between revisions
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Amwelladmin (talk | contribs) Created page with "{{oslaprov|2}}. '''{{oslaprov|Loans of Securities}}''' <br> {{oslaprov|2(A)}} The {{oslaprov|Lender}} will lend {{oslaprov|Securities}} to the {{oslaprov|Borrower}}, under th..." |
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{{oslaprov|2}}. '''{{oslaprov|Loans of Securities}}''' <br> | {{oslaprov|2}}. '''{{oslaprov|Loans of Securities}}''' <br> | ||
{{oslaprov|2(A)}} The {{oslaprov|Lender}} | {{oslaprov|2(A)}} The {{oslaprov|Lender}} may lend {{oslaprov|Securities}} to the {{oslaprov|Borrower}} under this {{oslaprov|Agreement}} and the {{oslaprov|Rules}}, by accepting a {{oslaprov|Borrowing Request}}. <br> | ||
{{oslaprov|2(B)}} The {{oslaprov|Borrower}} may reduce the amount of {{oslaprov|Securities}} subject to a {{oslaprov|Borrowing Request}} | {{oslaprov|2(B)}} The {{oslaprov|Borrower}} may reduce the amount of {{oslaprov|Securities}} subject to a {{oslaprov|Borrowing Request}} by giving the {{oslaprov|Lender}} notice by midday in London two {{oslaprov|Business Day}}s before the {{oslaprov|Settlement Date}}, if the {{oslaprov|Lender}} accepts the reduction. <br> |
Latest revision as of 16:18, 8 January 2022
2. Loans of Securities
2(A) The Lender may lend Securities to the Borrower under this Agreement and the Rules, by accepting a Borrowing Request.
2(B) The Borrower may reduce the amount of Securities subject to a Borrowing Request by giving the Lender notice by midday in London two Business Days before the Settlement Date, if the Lender accepts the reduction.