Template:Nutshell GMSLA 3: Difference between revisions

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{{gmslaprov|3}}. '''{{gmslaprov|Loan}}s of {{gmlsaprov|Securities}}}}''' <br>  
{{gmslaprov|3}}. '''{{gmslaprov|Loans of Securities}}''' <br>  
{{gmslaprov|Lender}} will lend and {{gmslaprov|Borrower}} will borrow {{gmlsaprov|Securities}} as set out in this {{gmslaprov|Agreement}}. The parties must agree the economic terms of each {{gmslaprov|Loan}} in advance and will confirm it afterwards. Any such later confirmation will not override the terms of original agreement unless the parties  agree otherwise. <br>
{{gmslaprov|Lender}} will lend and {{gmslaprov|Borrower}} will borrow {{gmslaprov|Securities}} under this {{gmslaprov|Agreement}}. The parties will agree the terms of {{gmslaprov|Loan}}s in advance and will confirm them afterwards, though the confirmations will not override the originally agreed terms without further agreement. <br>

Latest revision as of 11:06, 17 July 2018

3. Loans of Securities
Lender will lend and Borrower will borrow Securities under this Agreement. The parties will agree the terms of Loans in advance and will confirm them afterwards, though the confirmations will not override the originally agreed terms without further agreement.