Common use of Short Sale instructions Clause in Contracts

Short Sale instructions. Upon our acceptance of a Short Sale instruction, we shall record the position as if you had sold the Equity Securities to us as principal. We shall in respect of any Short Sale Transaction effect delivery of the Equity Securities on or before the settlement date. To do so we may borrow Equity Securities from a third party or lend them to you ourselves. Unless you advise us that you have arranged [for us] to borrow the Equity Securities from a particular lender (in which case we shall, subject to whatever conditions have been previously agreed between us and you, seek to confirm such arrangements), we shall have absolute discretion in the selection of lenders.

Short Sale instructions. Upon our acceptance of a Short Sale instruction, we shall record the position as if you had sold the Equity Securities to us as principal. We shall in respect of any Short Sale Transaction effect delivery of the Equity Securities on or before the settlement date. To do so we may borrow Equity Securities from a third party or lend them to you ourselves. Unless you advise us that you have arranged [for us] us to borrow the Equity Securities from a particular lender (in which case we shall, subject to whatever conditions have been previously agreed between us and you, seek to confirm such arrangements), we shall have absolute discretion in the selection of lenders.

Short Sale instructions. Upon our acceptance of a Short Sale instruction, we shall record the position as if you had sold the Equity Securities Fixed Income Secu­ rities to us as principal. We shall in respect of any Short Sale Transaction effect delivery of the Equity Fixed Income Securities on or before the settlement date. To do so we may borrow Equity Fixed Income Securities from a third party or lend them to you ourselvesour­ selves. Unless you advise us that you have arranged [for us] to borrow the Equity Fixed Income Securities from a particular lender (in which case we shall, subject to whatever conditions have been previously agreed between us and you, seek to confirm such arrangements), we shall have absolute discretion in the selection of lenders.

Short Sale instructions. Upon our acceptance of a Short Sale instruction, we shall record the position as if you had sold the Equity Securities to us as principal. We shall in respect of any Short Sale Transaction Transac­ tion effect delivery of the Equity Securities on or before the settlement date. To do so so, we may borrow Equity Securities from a third party or lend them to you ourselves. Unless you advise us that you have arranged [for us] to borrow the Equity Securities Secu­ rities from a particular lender (in which case we shall, subject to whatever conditions have been previously agreed between us and you, seek to confirm such arrangements), we shall have absolute discretion in the selection of lenders.

Short Sale instructions. Upon our acceptance of a Short Sale instruction, we shall record the position as if you had sold the Equity Securities Fixed Income Secu­ rities to us as principal. We shall in respect of any Short Sale Transaction effect delivery of the Equity Fixed Income Securities on or before the settlement date. To do so so, we may borrow Equity Fixed Income Securities from a third party or lend them to you ourselves. Unless you advise us that you have arranged [for us] to borrow the Equity Fixed Income Securities from a particular lender lend­ er (in which case we shall, subject to whatever conditions have been previously agreed between us and you, seek to confirm such arrangements), we shall have absolute discretion dis­ cretion in the selection of lenders.

Short Sale instructions. Upon our acceptance of a Short Sale instruction, we shall record the position as if you had sold the Equity Securities to us as principal. We shall in respect of any Short Sale Transaction Trans­ action effect delivery of the Equity Securities on or before the settlement date. To do so so, we may borrow Equity Securities Securi­ ties from a third party or lend them to you ourselves. Unless you advise us that you have arranged [for us] to borrow the Equity Securities from a particular lender (in which case we shall, subject to whatever conditions have been previously agreed between us and you, seek to confirm such arrangements), we shall have absolute discretion in the selection of lenders.