Common use of Advances; Loans; Pledges Clause in Contracts

Advances; Loans; Pledges. You authorize the Manager to advance the Manager's own funds for your account, charging current interest rates, or to arrange loans for your account for the purpose of carrying out the provisions of the applicable AAU and any Intersyndicate Agreement and in connection therewith, to hold or pledge as security therefor all or any securities which the Manager may be holding for your account under the applicable AAU and any Intersyndicate Agreement, to execute and deliver any notes or other instruments evidencing such advances or loans and to give all instructions to the lenders with respect to any such loans and the proceeds

Appears in 4 contracts

Samples: Master Agreement (Ing Clarion Global Real Estate Income Fund), Master Agreement Among Underwriters (Van Kampen Senior Income Trust), Master Agreement Among Underwriters (Lazard Global Total Return & Income Fund Inc)

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Advances; Loans; Pledges. You authorize the Manager to advance the Manager's ’s own funds for your account, charging current interest rates, or to arrange loans for your account for the purpose of carrying out the provisions of the applicable AAU and any Intersyndicate Agreement and in connection therewith, to hold or pledge as security therefor all or any securities which the Manager may be holding for your account under the applicable AAU and any Intersyndicate Agreement, to execute and deliver any notes or other instruments evidencing such advances or loans and to give all instructions to the lenders with respect to any such loans and the proceeds

Appears in 1 contract

Samples: Master Agreement (Salomon Brothers Variable Rate Strategic Fund Inc.)

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