Template:M comp gmsla

The Varieties of Stock Lending Experience

Subject	2010 GMSLA	2018 Pledge GMSLA	1995 OSLA
Applicability/Preamble	1	1	Preamble
Interpretation	2	2	1
Definitions	2.1	2.1	1
Loans of Securities	3	3	2
Delivery	4	4	3
Collateral	5	5	6
Distributions and Corporate Actions	6	6	4 (“Rights and Title”)
Rates for Loans and Collateral	7	7	4
Delivery of Equivalent Securities	8	8	7
Failure to Deliver	9	9	N/A
Events of Default	10	10	12
Consequences of Events of Default	11	11	8 (“Set-off”)
Taxation	12	12	9
Lender's Warranties	13	13	10
Borrower's Warranties	14	14	11
Interest on Outstanding Payments	15	15	13
Termination of Agreement	16	16	15
Single Agreement	17	17	N/A
Severance	18	18	18
Specific Performance	19	19	19
Notices	20	20	20
Assignment	21	21	21
Non-Waiver	22	21	22
Governing Law and Jurisdiction	23	23	26
Time	24	24	24
Recording	25	25	25
Waiver of Immunity	26	26	N/A
Expenses	N/A	27	N/A
Miscellaneous	27	28	N/A

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