Template:Nutshell OSLA 2

From The Jolly Contrarian
Jump to navigation Jump to search

2. Loans of Securities
2(A) The Lender may lend Securities to the Borrower under this Agreement and the Rules, by accepting a Borrowing Request.
2(B) The Borrower may reduce the amount of Securities subject to a Borrowing Request by giving the Lender notice by midday in London two Business Days before the Settlement Date, if the Lender accepts the reduction.