Selling Your Shares or Borrowing Against Them Will Terminate the Loan Transaction. If you sell the Fully-Paid Shares you have lent out, or if you borrow against the shares (such that the securities become margin securities and are no longer fully-paid or excess margin securities), the loan will terminate, and you and your Introducing Broker will stop receiving the Loan Fee.
Appears in 4 contracts
Samples: Customer Account Agreement, Master Securities Lending Agreement, Master Securities Lending Agreement
Selling Your Shares or Borrowing Against Them Will Terminate the Loan Transaction. If you sell the Fully-Paid Shares you have lent out, or if you borrow against the shares (such that the securities become margin securities and are no longer fully-paid or excess margin securities), the loan will terminate, terminate and you and your Introducing Broker will stop receiving the Loan Feeloan fee.
Appears in 1 contract
Samples: Master Securities Lending Agreement