Common use of Loan of Securities Clause in Contracts

Loan of Securities. During the term of any securities loan, the Fund shall permit the loaned securities to be transferred, pursuant to an SLA, into the name of and voted (where applicable) by an Approved Borrower (or other holder or representative holder of the securities). BBH&Co. is authorized in its discretion to terminate any securities loan entered into with an Approved Borrower without prior notice to the Fund, subject to the conditions of the relevant SLA. The Fund may itself instruct BBH&Co. to terminate any loan on any date, subject to the conditions of the relevant SLA. BBH&Co. agrees to comply with any such instruction.

Appears in 6 contracts

Samples: Securities Lending Agency Agreement (Pointbreak ETF Trust), Securities Lending Agency Agreement (USCF ETF Trust), Securities Lending Agency Agreement (Touchstone Investment Trust)

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Loan of Securities. During the term of any securities loan, the Fund shall permit the loaned securities to be transferred, pursuant to an SLA, into the name of and voted (where applicable) by an Approved Borrower (or other holder or representative holder of the securities)Borrower. BBH&Co. is authorized in its discretion to terminate any securities loan entered into with an Approved Borrower without prior notice to the Fund, subject to the conditions of the relevant SLA. The Fund may itself instruct BBH&Co. to terminate any loan on any date, subject to the conditions of the relevant SLA. BBH&Co. agrees to comply with any such instruction.

Appears in 5 contracts

Samples: Securities Lending Agency Agreement (Heartland Group Inc), Securities Lending Agency Agreement (PNC Funds), Securities Lending Agency Agreement (American Beacon Funds)

Loan of Securities. During the term of any securities loan, the Fund shall permit the loaned securities to be transferred, pursuant to an SLA, into the name of and voted (where applicable) by an Approved Borrower (or other holder or representative holder of the securities)Borrower. BBH&Co. BBH&CO is authorized in its discretion to terminate any securities loan entered into with an Approved Borrower without prior notice to the Fund, subject to the conditions of the relevant SLA. The Fund may itself instruct BBH&Co. BBH&CO to terminate any loan on any date, subject to the conditions of the relevant SLA. BBH&Co. BBH&CO agrees to comply with any such instruction.

Appears in 4 contracts

Samples: Securities Lending Agency Agreement (Touchstone Institutional Funds Trust), Securities Lending Agency Agreement (Touchstone Variable Series Trust), Securities Lending Agency Agreement (Touchstone Strategic Trust)

Loan of Securities. During the term of any securities loanLoan, the Fund shall permit the loaned securities Loaned Securities to be transferred, pursuant to an SLA, into the name of and voted (where applicable) by an Approved Borrower (or other holder or representative holder of the securitiesLoaned Securities). BBH&Co. is authorized in its BBH&Co.’s discretion to terminate any securities loan Loan entered into with an Approved Borrower without prior notice to the Fund, subject to the conditions of the relevant SLA. The Fund may itself instruct BBH&Co. to terminate any loan Loan on any date, subject to the conditions of the relevant SLA. BBH&Co. agrees to comply with any such said instruction.

Appears in 1 contract

Samples: Securities Lending Agency Agreement (Catholic Responsible Investments Funds)

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Loan of Securities. During the term of any securities loan, the Fund a Portfolio shall permit the loaned securities to be transferred, pursuant to an a SLA, into the name of and voted (where applicable) by an Approved Borrower (or other holder or representative holder of the securities)Borrower. BBH&Co. BBH&CO is authorized in its discretion to terminate any securities loan entered into with an Approved Borrower without prior notice to the Fund, subject to the conditions of the relevant SLA. The Fund may itself instruct BBH&Co. BBH&CO to terminate any loan on any date, subject to the conditions of the relevant SLA. BBH&Co. BBH&CO agrees to comply with any such instruction.

Appears in 1 contract

Samples: Securities Lending Agency Agreement (Nicholas Applegate Institutional Funds)

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