Template:GMSLA 2010 3: Difference between revisions

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{{gmslaprov|3}}. '''{{gmslaprov|LOANS OF SECURITIES}}''' <br>
{{gmslaprov|3}}. '''{{gmslaprov|Loans of Securities}}''' <br>
{{gmslaprov|Lender}} will lend {{gmslaprov|Securities}} to {{gmslaprov|Borrower}}, and {{gmslaprov|Borrower}} will borrow {{gmslaprov|Securities}} from {{gmslaprov|Lender}} in accordance with the terms and conditions of this {{gmslaprov|Agreement}}.  The terms of each {{gmslaprov|Loan}} shall be agreed prior to the commencement of the relevant {{gmslaprov|Loan}} either orally or in writing (including any agreed form of electronic communication) and confirmed in such form and on such basis as shall be agreed between the {{gmslaprov|Parties}}.  Unless otherwise agreed, any confirmation produced by a {{gmslaprov|Party}} shall not supersede or prevail over the prior oral, written or electronic communication (as the case may be). <br>
{{gmslaprov|Lender}} will lend {{gmslaprov|Securities}} to {{gmslaprov|Borrower}}, and {{gmslaprov|Borrower}} will borrow {{gmslaprov|Securities}} from {{gmslaprov|Lender}} in accordance with the terms and conditions of this {{gmslaprov|Agreement}}.  The terms of each {{gmslaprov|Loan}} shall be agreed prior to the commencement of the relevant {{gmslaprov|Loan}} either orally or in writing (including any agreed form of electronic communication) and confirmed in such form and on such basis as shall be agreed between the {{gmslaprov|Parties}}.  Unless otherwise agreed, any confirmation produced by a {{gmslaprov|Party}} shall not supersede or prevail over the prior oral, written or electronic communication (as the case may be). <br>