Common use of Holding and Administration of Collateral Clause in Contracts

Holding and Administration of Collateral. All Collateral consisting of cash and securities shall be received, held and administered by BBH&Co. (as set forth in Operational Procedures) for the benefit of the Fund in the applicable Custody Account or other account established for the purpose of holding Collateral. Collateral consisting of cash shall be placed in an investment listed in Operational Procedures, which may be updated from time to time by the Fund (“Permitted Investments”) in accordance with Section 7 hereof.

Holding and Administration of Collateral. All Collateral consisting of cash and securities shall be received, held and administered by BBH&Co. (as set forth in Operational Procedures) for the benefit of the Fund in the applicable Custody Account or other account established for the purpose of holding Collateral. Collateral consisting of cash shall be placed in an investment listed in Operational Proceduresthe attached Schedule 4, which may be updated from time to time by the Fund (“"Permitted Investments”") in accordance with Section 7 hereof.

Holding and Administration of Collateral. All Collateral consisting of cash and securities shall be received, held and administered by BBH&Co. (as set forth in Operational Procedures) for the benefit of the Fund in the applicable Custody Account or other account established for the purpose of holding Collateral. Collateral consisting of cash shall be placed in an investment listed in Operational Procedures, which may be updated from time to time by the Fund attached Schedule 5 (“"Permitted Investments”") in accordance with Section 7 hereof.

Holding and Administration of Collateral. All Collateral consisting of cash and securities shall be received, held and administered by BBH&Co. (as set forth in Operational Procedures) for the benefit of the in a Fund in the applicable Custody Account or other account established for the purpose of holding CollateralCollateral (each, a “Collateral Account”). Collateral consisting of cash shall be placed in an investment listed in Operational Procedures, which may be updated from time to time by the Fund attached Schedule 5 (“"Permitted Investments”") in accordance with Section 7 hereof.