Lending Securities Clause Samples
Lending Securities. Except in accordance with its Prospectus, lend or otherwise hypothecate, pledge or encumber in whatsoever manner any of its assets or securities, for any purpose without the prior written consent of the Lenders.
Lending Securities. The Trustees shall have all powers necessary or desirable to loan any securities to brokers or dealers and to secure the same in any manner, and during the term of any such loan to permit the loaned securities to be transferred unto the name of and voted by the borrower or others; and to hold and administer any securities or other property with respect to which the foregoing powers have or may be exercised, including any security or collateral received by the Trustees, in any sub-account which may be invested in securities or other property of different types than the securities or other property of different types than the securities or other property otherwise held in the Investment Fund subject to the foregoing powers.
Lending Securities