Preamble - OSLA Provision

1995 Overseas Securities Lender’s Agreement
A Jolly Contrarian owner’s manual™

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2010 GMSLA: Full wikitext · Nutshell wikitext \| GMLSA legal code \| GMSLA Netting Pledge GMSLA: Hard copy (ISLA) · Full wikitext · Nutshell wikitext \| 1995 OSLA: OSLA wikitext \| OSLA in a nutshell \| GMSLA/PGMSLA/OSLA clause comparison table From Our Friends On The Internet: Guide to equity finance \| ISLA’s guide to securities lending for regulators and policy makers Navigation: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 Index: Click ᐅ to expand: OSLA GMSLA

Paragraph preamble in a Nutshell™

Use at your own risk, campers!

Template:Nutshell OSLA preamble view template

Full text of Paragraph preamble

WHEREAS: 1. The Parties hereto are desirous of agreeing a procedure whereby either one of them (the “Lender”) will make available to the other of them (the “Borrower”) from time to time Securities (as hereinafter defined) in order to enable the Borrower, subject to any Inland Revenue provisions then in force, to fulfil a contract to sell such Securities or to on lend such Securities to a third party to enable such party to fulfil a contract to sell such Securities, whether or not as part of a chain of arrangements to enable the final party in such chain to fulfil a contract to sell such Securities or to replace an existing loan of Securities to such third party, or for other purposes. 2. All transactions carried out under this Agreement will be effected in accordance with the Rules (as hereinafter defined) TOGETHER WITH current market practices, customs and conventions. NOW THIS AGREEMENT WITNESSETH AND IT IS HEREBY AGREED AS FOLLOWS: view template

Related agreements and comparisons

Related agreements: Click here for the equivalent clause in the 2010 GMSLA Comparison: Template:Osladiff preamble

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