Borrowing Request - OSLA Provision: Difference between revisions

Borrowing Request - OSLA Provision (view source)

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-{{oslaanat|Borrowing Request}}the {{osla}} is a pretty deficient piece of legal craftspersonship — but it seems to assume that a loan will have a pre-agreed term. The {{gmsla}} inverted that asumption, and provided for a Loan to be terminable on notice (unless a term was otherwise agreed).
+{{Manual|MSO|1995|Borrowing Request|Paragraph|Borrowing Request|comp}}
-{{sa}}
-{{oslaprov|Borrower's undertaking to redeliver Equivalent Securities}}