Template:Nutshell OSLA 2

2. Loans of Securities
2(A) The Lender will lend Securities to the Borrower, under this Agreement and with the Rules once the Lender shall have received accepted a Borrowing Request.
2(B) The Borrower may reduce the amount of Securities subject to a Borrowing Request as long as it has given notice to the Lender by midday in London two Business Days before the Settlement Date and the Lender has accepted the reduction.