CANCELLATION OF TRANSACTIONS. Notwithstanding anything contained in the Master Agreement, the AI shall be entitled to cancel transactions under the SLBS, either on an application by a Participant or suo moto or under regulatory directions, and in such event, the transactions done on behalf of the Client shall ipso facto stand cancelled, and neither the AI nor the Participant shall be liable to compensate the Client for any loss whatsoever (including opportunity loss) arising out of such cancellation.
Appears in 4 contracts
Samples: Participant Client Agreement for Securities Lending and Borrowing, Participant Client Agreement for Securities Lending and Borrowing, Securities Lending and Borrowing Agreement