Examples of Margin Loan Provider in a sentence
Not Applicable Not Applicable The Reference Asset will be held by the Margin Loan Provider in the Margin Account.
Claims of the Margin Loan Provider: Investors should be aware that the agreements entered into between the Issuer and the Margin Loan Providers (the “LS Margin Account Agreements”) do not contain limited recourse provisions with respect to the obligations of the Issuer.
The Issuer shall give a copy of the Issuer Call Redemption Notice to each of the Programme Parties on the same date as such notice is given to the Margin Loan Provider and the ETP Securityholders.
The Issuer may, on giving an irrevocable notice to the Margin Loan Provider and the ETP Securityholders in accordance with Condition 17, elect to redeem all or some only of the ETP Securities and designate a Mandatory Redemption Date for such purposes, provided that the date designated as the Mandatory Redemption Date shall not be earlier than the fifth calendar day following the date of the relevant notice (such notice an "Issuer Call Redemption Notice").
GWM Limited, who may act as the broker dealer of record with respect to certain Series of ETP Securities (the “Broker Dealer of Record”) however, has agreed to indemnify the Issuer against any loss, cost, claim, action, demand or expense which the Issuer may incur as a result of any such claims by the Margin Loan Provider.