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: Lending Authorization Agreement (Phoenix Adviser Trust), Securities Lending Authorization Agreement (Phoenix-Kayne Funds), Securities Lending Authorization Agreement (Phoenix Edge Series Fund)