Breach of warranty - GMSLA Provision

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GMSLA Anatomy


In a Nutshell Clause 10.1(e):

10.1(e) Breach of warranty: any Lender’s Warranty, or any of the Borrower’s Warranties except the ast one (14(e), about voting on Borrowed Securities) is materially incorrect when made or “deemed”;
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2010 GMSLA full text of Clause 10.1(e):

10.1(e) any warranty made by Lender or Borrower in paragraph 13 or paragraphs 14(a) to 14(d) being incorrect or untrue in any material respect when made or repeated or deemed to have been made or repeated;
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2010 GMSLA: Full wikitext · Nutshell wikitext | GMLSA legal code
Pledge GMSLA: Hard copy (ISLA) · Full wikitext · Nutshell wikitext |
1995 OSLA: Full wikitext · Nutshell wikitext | GMSLA Netting
Let me Google that for you: Guide to equity finance | ISLA’s guide to securities lending for regulators and policy makers

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Stock Loan owner’s manuals: GMSLA · Pledge GMSLA · OSLA

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Why exclude the 14(e) warranty about not having the primary purpose of voting on the Securities? Search me.