Common use of Appointment and Acceptance Clause in Contracts

Appointment and Acceptance. The Customer hereby appoints the Bank as its agent for the purpose of lending Securities; and the Bank hereby agrees to accept such appointment and act in such capacity.

Appears in 19 contracts

Samples: Securities Lending Agreement (Professionally Managed Portfolios), Securities Lending Agreement (Professionally Managed Portfolios), Securities Lending Agreement (Professionally Managed Portfolios)

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Appointment and Acceptance. The Customer hereby appoints the Bank as its agent for the purpose of lending SecuritiesSecurities not restricted by the Customer for lending; and the Bank hereby agrees to accept such appointment and act in such capacity.

Appears in 5 contracts

Samples: Securities Lending Agreement (Manager Directed Portfolios), Securities Lending Agreement (Manager Directed Portfolios), Securities Lending Agreement (Manager Directed Portfolios)

Appointment and Acceptance. The Each Customer hereby appoints the Bank as its agent for the purpose of lending Securities; and the Bank hereby agrees to accept such appointment and act in such capacity.

Appears in 2 contracts

Samples: BB&T Variable Insurance Funds, Bb&t Funds /

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Appointment and Acceptance. The Customer Trust, on behalf of each Customer, hereby appoints the Bank as its each Customer’s agent for the purpose of lending Securities; and the Bank hereby agrees to accept such appointment and act in such capacity.

Appears in 1 contract

Samples: Securities Lending Agreement (Kinetics Portfolios Trust)

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