Common use of Borrow money Clause in Contracts

Borrow money. Subject to the Fundamental Policies, the ------------ Trustees shall have power to borrow money or otherwise obtain credit and to secure the same by mortgaging, pledging or otherwise subjecting as security the assets of the Trust or any Series thereof, including the lending of portfolio securities, and to endorse, guarantee or undertake the performance of any obligation, contract or engagement of any other person, form, association or corporation.

Appears in 2 contracts

Samples: Agreement and Declaration of Trust (Pacific Select Fund), Agreement and Declaration of Trust (Pacific Select Fund)

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Borrow money. Subject to the Fundamental Policies, the Trustees ---- ------------ Trustees shall have power to borrow money or otherwise obtain credit and to secure the same by mortgaging, pledging or otherwise subjecting as security the assets of the Trust or any Series thereof, including the lending of portfolio securities, and to endorse, guarantee or undertake the performance of any obligation, contract or engagement of any other person, form, association or corporation.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Pacific Select Fund)

Borrow money. Subject to the Fundamental Policies, the ------------ Trustees shall have power to borrow money or otherwise obtain credit and to secure the same by mortgaging, pledging or otherwise subjecting as security the assets of the Trust or any Series Portfolio thereof, including the lending of portfolio securities, and to endorse, guarantee or undertake the performance of any obligation, contract or engagement of any other person, form, association or corporation.

Appears in 1 contract

Samples: Trust Agreement (Palladian Trust)

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Borrow money. Subject to the Fundamental Policies, the ------------ Trustees shall have power to borrow money or otherwise obtain credit and to secure the same by mortgaging, pledging or otherwise subjecting as security the assets of the Trust or any Series Portfolio thereof, including the lending of portfolio securities, and to endorse, guarantee or undertake the performance of any obligation, contract or engagement of any other person, form, association or corporation.

Appears in 1 contract

Samples: Restated Agreement and Declaration of Trust (Fulcrum Trust)

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