Lending of Available Securities. The Client authorizes the Lending Agent to lend, on the Client’s behalf, those securities (“Available Securities”) which are held in accounts maintained under the supervision of the Client’s custodian (the “Custodian”) or any sub-custodian (each a “Custody Account”), other than
Lending of Available Securities. The Fund hereby authorizes the lending of those securities identified in Schedule 1 hereto (“Available Securities”) which are held in accounts maintained with BBH&Co. or its subcustodians(each a “Custody Account”).
Lending of Available Securities. Lending Agent shall lend securities that are held in accounts maintained with Lending Agent (each a "Custody Account"). Except as set forth in a written instrument provided from time to time by Adviser, any securities held in a Custody Account for a Participating Fund shall be available for lending pursuant to this Agreement ("Available Securities").
Lending of Available Securities. The Client authorizes the Lending Agent to lend, on the Client’s behalf, those securities (“Available Securities”) which are held in accounts maintained under the supervision of the Client’s custodian (the “Custodian”) or any sub-custodian (each a “Custody Account”), other than securities which the Client’s investment advisor (the “Advisor”), on behalf of the Client, specifically notifies the Lending Agent are not available for lending. The Client warrants to the Lending Agent that it will give appropriate instructions to the Advisor and the Custodian sufficient to permit the Lending Agent to arrange and settle loan transactions on the Client’s behalf as contemplated by this Agreement.
Lending of Available Securities. Each Trust authorizes NFS to lend, on the Trust’s behalf, those securities (“Available Securities”) which are held in accounts maintained under the supervision of the Fund’s custodian (the “Custodian”) or any sub-custodian (each a “Custody Account”), that the Trust’s investment advisor (the “Adviser”), on behalf of the Trust, specifically notifies NFS are available for lending. Each Trust or its Adviser will notify NFS in a timely manner of the availability, and of the type and amount, of Available Securities on an ongoing basis as agreed to by Adviser and NFS, but in no event less frequently than daily. The Trust agrees to provide notification to Custodian of NFS’s appointment and the authorization of NFS to act on the Trust’s behalf with regard to the lending of securities as set forth herein. The Trust shall instruct Custodian to cooperate with, and take direction from, NFS for the sole purpose of the administration of such lending activity on the Trust’s behalf, consistent with any agreement between Custodian and Trust regarding custody services and the Trusts’ Procedures for Lending of Securities (“Securities Lending Procedures”) set forth in Exhibit A.
Lending of Available Securities. The Fund hereby authorizes the lending of those securities identified in the Operating Procedures, as the same may be amended by the Fund from time to time and as otherwise limited by notice from the Fund (“Available Securities”) which are held in accounts maintained with either the Fund’s custodian or subcustodian (each a “Custody Account”).
Lending of Available Securities. The Client authorizes the Lending Agent to lend, on the Client's behalf, those securities ("Available Securities") which are held in 1 accounts maintained under the supervision of the Client's custodian (the "Custodian") or any sub-custodian (each a "Custody Account"), other than securities which the Client's investment advisor (the "Advisor"), on behalf of the Client, specifically notifies the Lending Agent are not available for lending. With respect to the Clients identified on Schedule A as Closed-End Funds, except as otherwise agreed by the Client and the Advisor, the Lending Agent shall lend Available Securities only when the "lending spread" with respect to such Available Securities is equal to or greater than 300 basis points, determined at the time such loan is entered into ("Threshold Lending Securities"). For purposes of this Agreement, "lending spread" shall mean the difference between the rebate rate (interest rate) owed to the Approved Borrower and the risk free rate (typically Fed Funds Target). The Client warrants to the Lending Agent that it will give appropriate instructions to the Advisor and the Custodian sufficient to permit the Lending Agent to arrange and settle loan transactions on the Client's behalf as contemplated by this Agreement.
Lending of Available Securities. The Fund hereby authorizes the lending of those securities identified in Schedule 1 hereto ("Available Securities") which are held in accounts maintained with BBH&CO or its subcustodians, or, in the case of third party lending, either a Portfolio's custodian or subcustodian (each a "Custody Account").
Lending of Available Securities. The Fund hereby authorizes the lending of those securities identified in Schedule 1 hereto, as the same may be amended by the Fund from time to time and as otherwise limited by notice from the Fund ("Available Securities") which are held in accounts maintained with either the Fund's custodian or subcustodian (each a "Custody Account").
Lending of Available Securities. The Fund authorizes QA LLC to lend, on the Fund's behalf, those securities ("Available Securities") which are held in accounts maintained under the supervision of the Fund's custodian (the "Custodian") or any sub-custodian (each a "Custody Account"), other than securities which the Fund's investment adviser (the "Adviser"), on behalf of the Fund, specifically notifies QA LLC are not available for lending. The Fund warrants to QA LLC that it will give appropriate instructions to the Adviser and the Custodian sufficient to permit QA LLC to arrange and settle loan transactions on the Fund's behalf as contemplated by this Agreement.
