Borrower to pay reasonable costs of any Buy-in - OSLA Provision: Difference between revisions

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{{oslaanat|7(D)}}
====Commentary====
===Clause comparison===
 
====Related Provisions====
 
====Clause Comparison with GMSLA====
The equivalent of this clause in the {{Gmsla}} is:
The equivalent of this clause in the {{Gmsla}} is:
{{oslaanatomy}}

Latest revision as of 10:35, 28 November 2019

OSLA Anatomy™


In a Nutshell™ Clause 7(D):

Template:Nutshell OSLA 7(D) view template

1995 OSLA full text of Clause 7(D):

7(D) In the event that as a result of the failure of the Borrower to redeliver Equivalent Securities to the Lender in accordance with this Agreement a “buy-in” is exercised against the Lender then provided that reasonable notice has been given to the Borrower of the likelihood of such a “buy-in”, the Borrower shall account to the Lender for the total costs and expenses reasonably incurred by the Lender as a result of such “buy-in”.

view template


2010 GMSLA: Full wikitext · Nutshell wikitext | GMLSA legal code | GMSLA Netting

Pledge GMSLA: Hard copy (ISLA) · Full wikitext · Nutshell wikitext |
1995 OSLA: OSLA wikitext | OSLA in a nutshell | GMSLA/PGMSLA/OSLA clause comparison table
From Our Friends On The Internet: Guide to equity finance | ISLA’s guide to securities lending for regulators and policy makers

Navigation
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2018 Pledge GMSLA 1 · 2 · 3 · 4 · 5 · 6 · 7 · 8 · 9 · 10 · 11 · 12 · 13 · 14 · 15 · 16 · 17 · 18 · 19 · 20 · 21 · 22 · 23 · 24 · 25 · 26 · 27 · 28 · Schedule · Agency Annex

Stock lending agreement comparison: Includes navigation for the 2000 GMSLA and the 1995 OSLA

Index: Click ᐅ to expand:
GMSLA
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Clause comparison

The equivalent of this clause in the 2010 GMSLA is:

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