Funding the Loans. If a Loan has been allocated to a Lender and Borrower pursuant to Section 3.1.2 hereof, and the Loan is otherwise in compliance with the requirements set forth in the Order, the Lender shall make such Loan to the Borrower. The proceeds of each Loan made by the Lender to the Borrower shall be wired (or transferred if Borrower and Lender have the same custodian) at the Borrower’s expense in accordance with the wiring instructions for each Fund, as in effect from time to time, to an account maintained on the Borrower’s behalf by its custodian.
Appears in 43 contracts
Samples: Master Interfund Lending Agreement (Putnam Variable Trust), Interfund Lending Agreement (Principal Funds, Inc.), Master Interfund Lending Agreement (Putnam Funds Trust)
Funding the Loans. If a Loan has been allocated to a Lender and Borrower pursuant to Section 3.1.2 hereof, and the Loan is otherwise in compliance with the requirements set forth in the OrderOrder and the Interfund Lending Procedures, the Lender shall make such Loan to the Borrower. The proceeds of each Loan made by the Lender to the Borrower shall be wired (or transferred if Borrower and Lender have the same custodian) at the Borrower’s expense in accordance with the wiring instructions for each Fund, as in effect from time to time, to an account maintained on the Borrower’s behalf by its custodian.
Appears in 8 contracts
Samples: Master Interfund Lending Agreement (Touchstone ETF Trust), Master Interfund Lending Agreement (Touchstone Institutional Funds Trust), Master Interfund Lending Agreement (Touchstone Variable Series Trust)
Funding the Loans. If a Loan has been allocated to a Lender and Borrower pursuant to Section 3.1.2 hereof, and the Loan is otherwise in compliance with the requirements set forth in the Order, the Lender shall make such Loan to the Borrower. The proceeds of each Loan made by the Lender to the Borrower shall be wired (or transferred if Borrower and Lender have the same custodian) at the Borrower’s 's expense in accordance with the wiring instructions for each Fund, as in effect from time to time, to an account maintained on the Borrower’s 's behalf by its custodian.
Appears in 5 contracts
Samples: Interfund Lending Agreement (Principal Variable Contracts Funds Inc), Interfund Lending Agreement (Principal Funds, Inc.), Interfund Lending Agreement (Principal Variable Contracts Funds Inc)
