Common use of Limits on Return of Loaned Securities Clause in Contracts

Limits on Return of Loaned Securities. The Trust acknowledges that, under the applicable SLA, Approved Borrowers will not be required to return loaned securities immediately upon receipt of notice from NFS terminating the applicable loan, but instead will be required to return such loaned securities within a period of time as specified in the SLA.

Limits on Return of Loaned Securities. The Trust acknowledges that, under the applicable SLA, Approved Borrowers will not be required to return loaned securities immediately upon receipt of notice from NFS terminating the applicable loan, but instead will be required to return such loaned securities within a period of time as specified in which is the SLAstandard settlement period for trades of such loaned securities.

Limits on Return of Loaned Securities. The Trust Fund acknowledges that, under the applicable SLA, Approved Borrowers will not be required to return loaned securities immediately upon receipt of notice from NFS QA LLC terminating the applicable loan, but instead will be required to return such loaned securities within a such period of time as specified following such notice which is the standard settlement period for trades of the loaned securities entered into on the date of such notice in the SLAprincipal market therefor, or from the giving of such notice.