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Template:Nutshell OSLA Recital: Difference between revisions
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'''[[Recital - OSLA Provision| | '''[[Recital - OSLA Provision|WHEREAS]]''':<br> | ||
1. The {{oslaprov|Parties}} want to make arrangements under which one (the '''{{oslaprov|Lender}}''') will make {{oslaprov|Securities}} available to the other (the '''{{oslaprov|Borrower}}''') [[from time to time]] so the {{oslaprov|Borrower}} can sell them to someone else, so ''that someone else'' can sell them to someone ''else'', who in turn can sell them — and so on and so on you get the picture — or — hell, I don’t know — for other purposes too. <br> | 1. The {{oslaprov|Parties}} want to make arrangements under which one (the '''{{oslaprov|Lender}}''') will make {{oslaprov|Securities}} available to the other (the '''{{oslaprov|Borrower}}''') [[from time to time]] so the {{oslaprov|Borrower}} can sell them to someone else, so ''that someone else'' can sell them to someone ''else'', who in turn can sell them — and so on and so on you get the picture — or — hell, I don’t know — for other purposes too. <br> | ||
2. All transactions carried out under this {{oslaprov|Agreement}} will be effected in accordance with applicable {{oslaprov|Rules}} and market practices.<br> | 2. All transactions carried out under this {{oslaprov|Agreement}} will be effected in accordance with applicable {{oslaprov|Rules}} and market practices.<br> | ||