Template:Nutshell GMSLA 3: Difference between revisions
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{{gmslaprov|3}}. '''{{gmslaprov| | {{gmslaprov|3}}. '''{{gmslaprov|Loans of Securities}}''' <br> | ||
{{gmslaprov|Lender}} will lend and {{gmslaprov|Borrower}} will borrow {{gmslaprov|Securities}} as set out in this {{gmslaprov|Agreement}}. The parties must agree the economic terms of each {{gmslaprov|Loan}} in advance and will confirm it afterwards. Any such later confirmation will not override the terms of original agreement unless the parties agree otherwise. <br> | {{gmslaprov|Lender}} will lend and {{gmslaprov|Borrower}} will borrow {{gmslaprov|Securities}} as set out in this {{gmslaprov|Agreement}}. The parties must agree the economic terms of each {{gmslaprov|Loan}} in advance and will confirm it afterwards. Any such later confirmation will not override the terms of original agreement unless the parties agree otherwise. <br> |
Revision as of 10:54, 17 July 2018
3. Loans of Securities
Lender will lend and Borrower will borrow Securities as set out in this Agreement. The parties must agree the economic terms of each Loan in advance and will confirm it afterwards. Any such later confirmation will not override the terms of original agreement unless the parties agree otherwise.