Template:Nutshell OSLA 2: Difference between revisions

{{oslaprov|2(A)}} The {{oslaprov|Lender}} will lend {{oslaprov|Securities}} to the {{oslaprov|Borrower}}, under this {{oslaprov|Agreement}} and with the {{oslaprov|Rules}} once the {{oslaprov|Lender}} has accepted a {{oslaprov|Borrowing Request}}. <br>

{{oslaprov|2(B)}} The {{oslaprov|Borrower}} may reduce the amount of {{oslaprov|Securities}} subject to a {{oslaprov|Borrowing Request}} as long as it has given notice to the {{oslaprov|Lender}} by midday in London two {{oslaprov|Business Day}}s before the {{oslaprov|Settlement Date}} and the {{oslaprov|Lender}} has accepted the reduction.   <br>