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The Security Loan Agreement is a fundamental document in securities lending transactions under Dutch law, used when parties wish to establish a framework for temporary transfers of securities against collateral. This agreement type is particularly important in the Netherlands' sophisticated financial markets, where securities lending plays a crucial role in market liquidity and efficiency. The document addresses key aspects required by Dutch regulatory authorities, including the Financial Supervision Act and Financial Collateral Arrangements Act, while incorporating necessary provisions from the Dutch Civil Code. It sets out detailed mechanisms for the loan of securities, collateral arrangements, corporate actions, and default scenarios, making it essential for financial institutions, investment firms, and large corporations engaged in securities lending activities.

1. Parties: Identification of the lender and borrower, including their registration details and addresses

2. Background: Context of the agreement and brief description of the parties' intentions

3. Definitions and Interpretation: Definitions of key terms used throughout the agreement and rules of interpretation

4. Loan of Securities: Core provisions regarding the lending of securities, including conditions precedent and mechanics

5. Delivery and Redelivery: Procedures and timing for the delivery and return of loaned securities

6. Collateral Requirements: Details of required collateral, including type, value, and maintenance requirements

7. Income and Corporate Actions: Handling of dividends, interest, voting rights and other corporate actions

8. Fees and Payments: Lending fees, payment procedures, and other financial considerations

9. Tax Provisions: Treatment of taxes, including withholding tax and tax indemnities

10. Representations and Warranties: Standard and specific representations made by each party

11. Covenants: Ongoing obligations of the parties during the term of the agreement

12. Events of Default: Circumstances constituting default and consequences thereof

13. Termination: Provisions for termination of the agreement and individual transactions

14. Set-off Rights: Rights of set-off and netting arrangements

15. Governing Law and Jurisdiction: Choice of Dutch law and jurisdiction provisions