Common use of Termination of Loan Clause in Contracts

Termination of Loan. (a) Borrower may terminate a loan of any Securities by (i) giving prior notice to Lender no later than 10:30 a.m. New York time on the business day on which Borrower intends to return the Securities to Lender and (ii) delivering such Securities to Lender.

Appears in 3 contracts

Samples: Securities Lending Agency Agreement (Master Investment Portfolio), Securities Lending Agency Agreement (Barclays Global Investors Funds), Letter Agreement (Ishares Trust)

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Termination of Loan. (a) Borrower may terminate a loan of any Securities by (i) giving prior notice of such termination to Lender no later than 10:30 a.m. 2:00p.m. New York time on the business day U.S. Business Day next preceding the relevant Specified Country Business Day on which Borrower intends to return the Securities to Lender and (ii) delivering such Securities to Lender.

Appears in 2 contracts

Samples: Securities Lending Agency Agreement (Barclays Global Investors Funds), Securities Lending Agency Agreement (Master Investment Portfolio)

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Termination of Loan. (a) Borrower may terminate a loan of any Securities by (i) giving prior notice of such termination to Lender no later than 10:30 a.m. 2:00 p.m. New York time on the business day U.S. Business Day next preceding the relevant Specified Country Business Day on which Borrower intends to return the Securities to Lender and (ii) delivering such Securities to Lender.

Appears in 1 contract

Samples: Letter Agreement (Ishares Trust)

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