Template:Nutshell Pledge GMSLA 6.4

6.4 Corporate actions
Where a holder is entitled to exercise any “corporate rights” under any Loaned Securities before the receiver can return equivalent ones to the provider, then the provider can, within a reasonable time before the relevant deadline, notify the receiver that it wishes to receive the Loaned Securities as if the corporate rights had been exercised.

“Corporate rights” include any:

• conversion, sub-division, consolidation or pre-emption rights;
• rights arising under a takeover offer;
• rights to receive securities now or in the future; or
• other rights, including ones requiring the holder to make an election.