Common use of Appointment Authority Clause in Contracts

Appointment Authority. (a) Lender hereby appoints X.X. Xxxxxx as its agent to lend Securities in each of the Lending Accounts on Lender’s behalf to Borrowers from time to time in accordance with the terms of this Agreement and on such terms and conditions and at such times as X.X. Xxxxxx shall determine. X.X. Xxxxxx hereby accepts appointment as such agent.

Appears in 2 contracts

Samples: Securities Lending Agreement (Proshares Trust), Securities Lending Agreement (Brighthouse Funds Trust I)

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Appointment Authority. (a) Lender hereby appoints X.X. J.X. Xxxxxx as its agent to lend Securities in each of the Lending Accounts on Lender’s behalf to Borrowers from time to time in accordance with the terms of this Agreement and on such terms and conditions and at such times as X.X. J.X. Xxxxxx shall determine. X.X. J.X. Xxxxxx hereby accepts appointment as such agent.

Appears in 1 contract

Samples: Securities Lending Agreement (Brighthouse Funds Trust II)

Appointment Authority. (a) Lender hereby appoints X.X. Xxxxxx as its agent to lend Securities in each of the Lending Accounts on Lender’s behalf to Borrowers from time to time in accordance with the terms of this Agreement and on such terms and conditions and at such times as X.X. Xxxxxx shall determine. , X.X. Xxxxxx hereby accepts appointment as such agent.

Appears in 1 contract

Samples: Securities Lending Agreement (Eq Advisors Trust)

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Appointment Authority. (a) The Lender hereby appoints X.X. J.X. Xxxxxx as its agent to lend Securities in each of the Lending Accounts on the Lender’s 's behalf to Borrowers from time to time in accordance with the terms of this Agreement and on such terms and conditions and at such times as X.X. J.X. Xxxxxx shall determine. X.X. J.X. Xxxxxx hereby accepts appointment as such agent.

Appears in 1 contract

Samples: Securities Lending Agreement (Precidian ETFs Trust)

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