Template:OSLA 1995 7(E): Difference between revisions
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Amwelladmin (talk | contribs) (Created page with ":{{oslaprov|7(E)}} Subject to the terms of the relevant {{oslaprov|Borrowing Request}}, the {{oslaprov|Borrower}} shall be entitled at any time to terminate a particular loan ...") |
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Revision as of 11:13, 18 July 2013
- 7(E) Subject to the terms of the relevant Borrowing Request, the Borrower shall be entitled at any time to terminate a particular loan of Securities and to redeliver all and any Equivalent Securities due and outstanding to the Lender in accordance with the Lender's instructions. The Lender shall accept such redelivery and simultaneously therewith (subject to Clause 6(I) if applicable) shall repay to the Borrower any Cash Collateral or, as the case may be, redeliver Collateral equivalent to the Collateral provided by the Borrower pursuant to Clause 6 in respect thereof.