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Template:OSLA 1995 2: Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "{{oslaprov|2}}. '''{{oslaprov|Loan}}s of {{oslaprov|Securities}}''' <br> {{oslaprov|2(A)}} The {{oslaprov|Lender}} will lend {{oslaprov|Securities}} to the {{oslaprov|Borrowe...") |
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{{oslaprov|2}}. '''{{oslaprov| | {{oslaprov|2}}. '''{{oslaprov|Loans of Securities}}''' <br> | ||
{{oslaprov|2(A)}} The {{oslaprov|Lender}} will lend {{oslaprov|Securities}} to the {{oslaprov|Borrower}}, and the {{oslaprov|Borrower}} will borrow {{oslaprov|Securities}} from the {{oslaprov|Lender}} in accordance with the terms and conditions of this Agreement and with the Rules PROVIDED ALWAYS THAT the {{oslaprov|Lender}} shall have received from the {{oslaprov|Borrower}} and accepted (by whatever means) a {{oslaprov|Borrowing Request}}. <br> | {{oslaprov|2(A)}} The {{oslaprov|Lender}} will lend {{oslaprov|Securities}} to the {{oslaprov|Borrower}}, and the {{oslaprov|Borrower}} will borrow {{oslaprov|Securities}} from the {{oslaprov|Lender}} in accordance with the terms and conditions of this Agreement and with the Rules PROVIDED ALWAYS THAT the {{oslaprov|Lender}} shall have received from the {{oslaprov|Borrower}} and accepted (by whatever means) a {{oslaprov|Borrowing Request}}. <br> | ||
{{oslaprov|2(B)}} The {{oslaprov|Borrower}} has the right to reduce the amount of {{oslaprov|Securities}} referred to in a {{oslaprov|Borrowing Request}} PROVIDED THAT the {{oslaprov|Borrower}} has notified the {{oslaprov|Lender}} of such reduction no later than midday London time on the day which is two {{oslaprov|Business Day}}s prior to the {{oslaprov|Settlement Date}} unless otherwise agreed between the Parties and the {{oslaprov|Lender}} shall have accepted such reduction (by whatever means). <br> | {{oslaprov|2(B)}} The {{oslaprov|Borrower}} has the right to reduce the amount of {{oslaprov|Securities}} referred to in a {{oslaprov|Borrowing Request}} PROVIDED THAT the {{oslaprov|Borrower}} has notified the {{oslaprov|Lender}} of such reduction no later than midday London time on the day which is two {{oslaprov|Business Day}}s prior to the {{oslaprov|Settlement Date}} unless otherwise agreed between the Parties and the {{oslaprov|Lender}} shall have accepted such reduction (by whatever means). <br> | ||