Concerning the Agent. 9.1 Agent shall administer the securities lending program in conformity with the applicable laws governing each Loan and all rules, regulations and exemptions from time to time promulgated and issued under the authority of those laws. Nothing in this Agreement shall be construed to require Agent to take any action which in Agent's reasonable belief could cause Agent or a Lending Fund to violate any applicable law. In the event of a change in the securities lending program required in order to comply with a change in applicable laws, rules, regulations or exemptions, Agent shall notify the Company and such change shall be deemed to be a part of this Agreement.
Appears in 3 contracts
Samples: Securities Lending Authorization Agreement (Wilshire Mutual Funds Inc), Securities Lending Authorization Agreement (Advisors Inner Circle Fund II), Authorization Agreement (Usallianz Variable Insurance Products Trust)
Concerning the Agent. 9.1 Agent shall administer the securities lending program in conformity with the applicable laws governing each Loan and all rules, regulations and exemptions from time to time promulgated and issued under the authority of those laws. Nothing in this Agreement shall be construed to require Agent to take any action which in Agent's ’s reasonable belief could cause Agent or a Lending Fund to violate any applicable law. In the event of a change in the securities lending program required in order to comply with a change in applicable laws, rules, regulations or exemptions, Agent shall notify the Company and such change shall be deemed to be a part of this Agreement.
Appears in 1 contract
Samples: Securities Lending Authorization Agreement (Wilshire Variable Insurance Trust)
Concerning the Agent. 9.1 Agent shall administer the securities lending program in conformity with the applicable laws governing each Loan and all rules, regulations and exemptions from time to time promulgated and issued under the authority of those laws. Nothing in this Agreement shall be construed to require Agent to take any action which in Agent's ’s reasonable belief could cause Agent or a Lending Fund Lender to violate any applicable law. In the event of a change in the securities lending program required in order to comply with a change in applicable laws, rules, regulations or exemptions, Agent shall notify the Company Lender in writing thereof and such change shall be deemed to be a part of this Agreement.
Appears in 1 contract
Samples: Securities Lending Authorization Agreement (Brandes Investment Trust)
