Allocation of Lending Opportunities. Each Client acknowledges that the Lending Agent has been appointed Lending Agent by other clients on behalf of other funds and that the Lending Agent will allocate securities loan opportunities among its securities lending clients, including such Client’s Funds, by such reasonable and equitable methods as the Lending Agent deems appropriate. While the Lending Agent will make reasonable efforts to lend the Funds’ securities, nothing in this Agreement shall be deemed to impose upon the Lending Agent any obligation, in the event it makes a loan of another securities lending client's securities, to make a loan of any Fund's securities, whether or not such loan could have been made in accordance with this Agreement, and whether or not the Lending Agent has made fewer or more loans for any other securities lending client than for any Fund. The Lending Agent does not represent or warrant that any amount or percentage of any Fund’s securities will in fact be loaned to a Borrower.
Appears in 11 contracts
Samples: Securities Lending Authorization, Securities Lending Authorization (Delaware Vip Trust), Securities Lending Authorization (Delaware Group Government Fund)
Allocation of Lending Opportunities. Each Client acknowledges that the Lending Agent has been appointed Lending Agent by other clients on behalf of other funds and that the Lending Agent will allocate securities loan opportunities among its securities lending clients, including such Client’s 's Funds, by such reasonable and equitable methods as the Lending Agent deems appropriate. While the Lending Agent will make reasonable efforts to lend the Funds’ ' securities, nothing in this Agreement shall be deemed to impose upon the Lending Agent any obligation, in the event it makes a loan of another securities lending client's securities, to make a loan of any Fund's securities, whether or not such loan could have been made in accordance with this Agreement, and whether or not the Lending Agent has made fewer or more loans for any other securities lending client than for any Fund. The Lending Agent does not represent or warrant that any amount or percentage of any Fund’s 's securities will in fact be loaned to a Borrower.
Appears in 8 contracts
Samples: Securities Lending Authorization (Optimum Fund Trust), Securities Lending Authorization (Delaware Group Adviser Funds Inc /Md/), Securities Lending Authorization (Delaware Group Global & International Funds Inc)
Allocation of Lending Opportunities. Each The Client acknowledges that the Lending Agent has been appointed Lending Agent by other clients on behalf of other funds and that the Lending Agent will allocate securities loan opportunities among its securities lending clients, including such Client’s the Funds, by such reasonable and equitable methods as the Lending Agent deems appropriate. While the Lending Agent will make reasonable efforts to lend the Funds’ ' securities, nothing in this Agreement shall be deemed to impose upon the Lending Agent any obligation, in the event it makes a loan of another securities lending client's securities, to make a loan of any Fund's securities, whether or not such loan could have been made in accordance with this Agreement, and whether or not the Lending Agent has made fewer or more loans for any other securities lending client than for any Fund. The Lending Agent does not represent or warrant that any amount or percentage of any Fund’s 's securities will in fact be loaned to a Borrower.
Appears in 3 contracts
Samples: Securities Lending Agreement (Voyageur Mutual Funds Iii /Mn/), Securities Lending Authorization (Delaware Group Equity Funds Iii), Securities Lending Authorization (Delaware Pooled Trust Inc)