Lending Agreement definition
Examples of Lending Agreement in a sentence
Capitalized terms used but not defined herein shall have the meaning assigned to them in the applicable Securities Lending Agreement.
All transfer taxes and necessary costs with respect to the transfer of the loaned Securities by the Fund to the Borrower and the Borrower to the Fund upon the termination of the loan shall be paid by the Borrower in accordance with the applicable Securities Lending Agreement.
This Lending Agreement may be executed in several counterparts, each one of which shall constitute an original, and all collectively shall constitute but one instrument.
The headings of the sections hereof are included for convenience of reference only and do not form part of this Lending Agreement.
Except as specifically set forth herein, or in any applicable Securities Lending Agreement, BTC shall have no duty or obligation to take action to effect payment by a Borrower of any amounts owed by such Borrower pursuant to the Securities Lending Agreement.