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Template:Pledge GMSLA 2018 8.1: Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "{{pgmslaprov|8.1}} '''{{pgmslaprov|Lender’s right to terminate a Loan}}''' <br> :Subject to paragraph {{pgmslaprov|11}} and the terms of the relevant {{pgmslaprov|Loan}}, {{...") |
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{{pgmslaprov|8.1}} '''{{pgmslaprov|Lender’s right to terminate a Loan}}''' | {{pgmslaprov|8.1}} '''{{pgmslaprov|Lender’s right to terminate a Loan}}''': :Subject to paragraph {{pgmslaprov|11}} and the terms of the relevant {{pgmslaprov|Loan}}, {{pgmslaprov|Lender}} shall be entitled to terminate a {{pgmslaprov|Loan}} and to call for the {{pgmslaprov|Delivery}} of all or any {{pgmslaprov|Equivalent}} {{pgmslaprov|Securities}} at any time by giving notice on any {{pgmslaprov|Business Day}} of not less than the standard settlement time for such {{pgmslaprov|Equivalent}} {{pgmslaprov|Securities}} on the exchange or in the clearing organisation through which the {{pgmslaprov|Loaned Securities}} were originally delivered. Borrower shall deliver such {{pgmslaprov|Equivalent}} {{pgmslaprov|Securities}} not later than the expiry of such notice in accordance with {{pgmslaprov|Lender}}’s instructions. <br> | ||
:Subject to paragraph {{pgmslaprov|11}} and the terms of the relevant {{pgmslaprov|Loan}}, {{pgmslaprov|Lender}} shall be entitled to terminate a {{pgmslaprov|Loan}} and to call for the {{pgmslaprov|Delivery}} of all or any {{pgmslaprov|Equivalent}} {{pgmslaprov|Securities}} at any time by giving notice on any {{pgmslaprov|Business Day}} of not less than the standard settlement time for such {{pgmslaprov|Equivalent}} {{pgmslaprov|Securities}} on the exchange or in the clearing organisation through which the {{pgmslaprov|Loaned Securities}} were originally delivered. Borrower shall deliver such {{pgmslaprov|Equivalent}} {{pgmslaprov|Securities}} not later than the expiry of such notice in accordance with {{pgmslaprov|Lender}}’s instructions. <br> | |||