Rights of the Client. 6.1. Where the Client is the lender unless otherwise agreed upon between the Participant and the Client - 6.1.1. The Client shall be entitled to receive the securities lent or financial compensation in lieu thereof, computed in such manner as may be specified by the AI from time to time. 6.1.2. The Client shall be entitled to receive lender’s fee for the securities lent. 6.2. Where the Client is the borrower unless otherwise agreed upon between the Participant and the Client - 6.2.1. The Client shall be entitled to receive securities borrowed or financial compensation in lieu thereof, computed in such manner as may be specified by the AI from time to time. 6.2.2. The Client shall be entitled to receive from the Participant, the collateral in case the Client has deposited securities approved by the AI as collateral. 6.3. Notwithstanding any other provisions of the Master Agreement, the Client shall be entitled to have all the rights that are conferred on it from time to time under the SEBI Scheme, Circulars of SEBI, SLBS and the Circulars issued thereunder.
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Sources: Participant Client Agreement for Securities Lending and Borrowing, Participant Client Agreement for Securities Lending and Borrowing, Partnership Agreement
Rights of the Client. 6.1. Where the Client is the lender unless otherwise agreed upon between the Participant and the Client -Client.
6.1.1. The Client shall be entitled to receive the securities lent or financial compensation in lieu thereof, computed in such manner as may be specified by the AI from time to time.
6.1.2. The Client shall be entitled to receive lender’s fee for the securities lent.
6.2. Where the Client is the borrower unless otherwise agreed upon between the Participant and the Client -Client.
6.2.1. The Client shall be entitled to receive securities borrowed or financial compensation in lieu thereof, computed in such manner as may be specified by the AI from time to time.
6.2.2. The Client shall be entitled to receive from the Participant, the collateral in case the Client has deposited securities approved by the AI as collateral.
6.3. Notwithstanding any other provisions of the Master Agreement, the Client shall be entitled to have all the rights that are conferred on it from time to time under the SEBI Scheme, Circulars of SEBI, SLBS and the Circulars issued thereunder.
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