Template:GMSLA 2010 6.6

From The Jolly Contrarian
Revision as of 09:55, 2 July 2013 by Amwelladmin (talk | contribs)
Jump to navigation Jump to search

6.6 Exercise of voting rights

Where any voting rights fall to be exercised in relation to any Loaned Securities or Collateral, neither Borrower, in the case of Equivalent Securities, nor Lender, in the case of {{gmslaprov|Equivalent} Collateral, shall have any obligation to arrange for voting rights of that kind to be exercised in accordance with the instructions of the other Party in relation to the Securities borrowed by it or transferred to it by way of Collateral, as the case may be, unless otherwise agreed between the Parties.