Template:Nutshell Pledge GMSLA 6.3: Difference between revisions

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.

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	{{~~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>