2.2.3.1 Procedures for Closing of Contracts
A seller that has received a buy-in notice or retransmitted notice and has not rejected or stayed the notice must deliver the securities to the purchaser at or before 3:00 p.m. ET on the execution date of the buy-in notice, unless otherwise agreed by the issuing party.
If the seller fails to deliver in accordance with the buy-in notice or to obtain a stay, the buyer may close the contract by pur