a user agreement in which the parties may enter into transactions in which one party (a “Seller”) agrees to transfer securities or other assets to the other (a “Buyer”) against the transfer of funds by the Buyer, with a simultaneous agreement by the Buyer to transfer such securities to the Seller at any given time or upon request; against the transfer of funds by the seller. A user agreement where the parties may enter into transactions in which one party (a “lender”) lends certain securities to the other party (a “borrower”) against a transfer of collateral. A contract of use where the parties enter into transactions involving the purchase or sale of mortgage-backed securities and other securities that may be determined, including under issuance, TBA, dollar roll and other transactions that may result in or lead to the late delivery of securities. Press Release › View related opinions, which are free for member companies. Only available as PDF documents. Here you will find the Master Repurchase Agreement, the Global Master Repurchase Agreement, the Master Securities Loan Agreement and the Master Securities Forward Transaction Agreement. The 2017 MsLA release contains the latest 2017 change regarding T+2 issues and also updates a number of deprecated skus since 2000. Other substantive changes are not reflected. . . .