Common use of Loans of Available Securities Clause in Contracts

Loans of Available Securities. State Street shall be responsible for determining whether any Loans shall be made and shall have the authority to terminate any Loan in its discretion, at any time and without prior notice to the Fund. Each Fund acknowledges that State Street administers securities lending programs for other clients of State Street. State Street will allocate securities lending opportunities among its clients, using reasonable and equitable methods established by State Street from time to

Appears in 7 contracts

Samples: Securities Lending Authorization Agreement (Phoenix Series Fund), Securities Lending Authorization Agreement (Phoenix Edge Series Fund), Securities Lending Authorization Agreement (Phoenix Adviser Trust)

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