Securities Loan definition

Securities Loan means a loan of securities hereunder.

Securities Loan has the meaning given in Section 3.6(a).

Securities Loan means a loan or borrowing of securities, and includes sale-and- repurchase (repo) transactions, a reverse repo, a buy/sell-back and a sell/buy back;

Examples of Securities Loan in a sentence

• In the event that a Put and/or Securities Loan (each as defined in the Technical Supplement) is designated as applicable in this Pricing Supplement, the parties, or their authorised representatives shall execute a Put and/or a Securities Loan and/or Pledge, as the case may be, on the terms substantially similar to Annexure 1, Annexure 2 and Annexure 3, as the case may be, of this Pricing Supplement.

• The Collateral shall be returned to Borrower at the termination of the Loan upon the return of the Loaned Securities by Borrower to State Street in accordance with the applicable Securities Loan Agreement.

• Each Securities Loan Agreement shall have such terms and conditions as State Street may negotiate with the Borrower.

• Each Fund authorizes State Street to enter into one or more Securities Loan Agreements with such Borrowers as may be selected by State Street.

• In connection with the lending of Available Securities, a Fund shall pay to the Lending Agent a percentage (the “Lending Agent Fee Percentage”) of the net amount earned from securities lending activities, consisting of income earned on the investment and reinvestment of Cash Collateral plus any Securities Loan Fees otherwise paid by the Authorized Borrowers.

More Definitions of Securities Loan

Securities Loan. A loan (advance) of Securities entered into between the parties pursuant to the Master Agreement.

Securities Loan means a cash and securities loan agreement where cash is to be paid by or delivered to the approved participant as part of the transaction.

Securities Loan. A loan (advance) of Securities entered into between the parties pursuant to the Master Agreement. “Term” The period commencing on the agreed date of delivery of loaned Securities, up to and including the date which has been agreed or, following termination in accordance with sections 6.2 and 6.3, determined for return of corresponding Securities. “Transaction” Conclusion of an agreement for a Securities Loan. “Transaction Date” Date when a Transaction is executed. Transaction and Contract Note A Transaction takes place through agreement by telephone or in another manner. Each Transaction shall be confirmed by the drawing up of a Contract Note. The parties understand and accept that an agreement for a Securities Loan is entered into at the time of the agreement and not subsequently when the Contract Note is drawn up. A Contract Note shall be drawn up by the BA/IF and sent to the Client. The Client shall immediately notify the BA/IF of any errors or shortcomings which appear in the Contract Note, that no Contract Note has been provided, and of other errors or shortcomings in connection with the Transaction. The BA/IF shall, under no circumstances, be liable for loss that could have been avoided had a complaint been made immediately.

Securities Loan means a cash and securities loan agreement where cash is to be paid by or delivered to the Dealer Member as part of the transaction.(b) Notwithstanding the requirements of Form 1 to make any provision out of a Dealer Member's capital in respect of a repo, reverse repo or securities loan, where (i) the date of repurchase, resale or termination of the loan, as the case may be, is determined at the time of entering into the transaction, and (ii) the amount of any compensation, price differential, fee, commission of other financing charge to be paid in connection with the repurchase, resale or loan is calculated according to a fixed rate (whether expressed as a price, a decimal or percentage per annum or any other manner that does not vary until termination), the margin in respect of the obligation of the Dealer Member thereunder shall be determined in accordance with Rule 100.2(a)(i), provided that this paragraph (b) shall not apply in the case of an overnight repo, reverse repo or securities loan which for the purposes of this Rule shall be an obligation to repurchase, resell or terminate the loan within five business days of the date the obligation is assumed. All calculations must be performed daily and shall make full provision for any principal and return of capital then payable, all accrued interest, dividends or other distributions on securities used as collateral.

Securities Loan. Bor rower", "loan", "loaned", "borrowed", "return" and "returned" which are used in relation to Securities Loans to reflect market terminology, title to Securities the subject of a Securities Loan shall pass to the Borrower, and the Borrower shall be obliged to return Equivalent Securities.

Securities Loan means a loan of Collateral Securities pursuant to and in accordance with a Securities Lending Agreement;

Securities Loan means a loan or borrowing of securities, and includes sale and repurchase transactions, a reverse repurchase transactions, a buy/sell- back, a sell/buy back and a security lending/borrowing. Where BCS agrees to pay interest such interest will be paid as specifically agreed by BCS for that purpose in the Client’s Fee Schedule unless otherwise agreed.