Common use of Recall of Loaned Securities Clause in Contracts

Recall of Loaned Securities. Upon receiving a notice from Adviser that Available Securities that have been loaned to a Borrower should no longer be considered Available Securities or have been sold, Lending Agent shall notify promptly thereafter the Borrower that has borrowed such securities that the loan of such securities is terminated and that such securities are to be returned within the time specified by the applicable MSLA.

Appears in 6 contracts

Samples: Securities Lending Agency Agreement (Wells Fargo Master Trust), Securities Lending Agency Agreement (Wells Fargo Variable Trust), Securities Lending Agency Agreement (Wells Fargo Master Trust)

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