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Corporate actions - GMSLA Provision: Difference between revisions
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Amwelladmin (talk | contribs) m (Text replace - "{{gmslaanatomy}}" to "{{anat|gmsla}}") |
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{{ | {{fullanat|gmsla|6.7|2010}} | ||
Compare Clause {{gmsla2000prov|6.3}} of the {{2000gmsla}} | Compare Clause {{gmsla2000prov|6.3}} of the {{2000gmsla}} | ||
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In this case the {{gmslaprov|Lender}} who has lent out over the [[record date]] could not (without prior agreement) oblige the {{gmslaprov|Borrower}} to vote against the {{tag|merger}}, but if the {{gmslaprov|Borrower}} has done so, the {{gmslaprov|Lender}} can, by request under {{gmslaprov|6.7}}, require the {{gmslaprov|Borrower}} to deliver the proceeds of the withdrawal in lieu of {{gmslaprov|Equivalent}} {{gmslaprov|Securities}}. | In this case the {{gmslaprov|Lender}} who has lent out over the [[record date]] could not (without prior agreement) oblige the {{gmslaprov|Borrower}} to vote against the {{tag|merger}}, but if the {{gmslaprov|Borrower}} has done so, the {{gmslaprov|Lender}} can, by request under {{gmslaprov|6.7}}, require the {{gmslaprov|Borrower}} to deliver the proceeds of the withdrawal in lieu of {{gmslaprov|Equivalent}} {{gmslaprov|Securities}}. | ||