In a Nutshell™ Clause 8.2: 8.2 Borrower’s right to terminate a Loan: The Borrower may terminate a Loan at any time and deliver outstanding Equivalent Securities to Lender per its instructions. The Lender must accept such delivery. view template 2010 GMSLA full text of Clause 8.2: 8.2 Borrower’s right to terminate a Loan Subject to the terms of the relevant Loan, Borrower shall be entitled at any time to terminate a Loan and to deliver all and any Equivalent Securities due and outstanding to Lender in accordance with Lender’s instructions and Lender shall accept such delivery. view template
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Stock lending agreement comparison: Includes navigation for the 2000 GMSLA and the 1995 OSLA
But what to do if the Securities no longer exist?