Securities Loan Fee Sample Clauses
The Securities Loan Fee clause defines the fee that a borrower must pay to a lender for borrowing securities under a securities lending agreement. Typically, this fee is calculated as a percentage of the value of the loaned securities and is paid periodically, such as daily or monthly, for the duration of the loan. The clause ensures that the lender is compensated for the temporary transfer of their securities, thereby incentivizing participation in securities lending and clarifying the financial terms of the arrangement.
Securities Loan Fee. The Bank shall receive any applicable Securities Loan Fee paid by Borrowers pursuant to the Securities Borrowing Agreement and credit all such amounts received to the Collateral Account.
Securities Loan Fee. BTC shall receive, hold and administer any applicable Securities Loan Fee paid by any Borrower pursuant to a Securities Lending Agreement and credit all such amounts received to the applicable Account of the lending Fund.
Securities Loan Fee. BGI shall receive any applicable Securities Loan Fee paid by any Borrower pursuant to a Securities Lending Agreement and credit all such amounts received to the Earnings Account.
Securities Loan Fee. Bank as agent shall receive any applicable Securities Loan Fee paid by Borrowers and credit all such amounts received to the applicable Collateral Account.