Common use of No Borrowing Clause in Contracts

No Borrowing. The Sub-Advisor agrees that neither it nor any of its officers or employees shall borrow from the Fund or pledge or use the Fund's assets in connection with any borrowing not directly for the Fund's benefit. For this purpose, failure to pay any amount due and payable to the Fund for a period of more than thirty (30) days shall constitute a borrowing.

No Borrowing. The Sub-Advisor agrees that neither it nor any of its officers or employees shall borrow from the Fund or pledge or use the Fund's ’s assets in connection with any borrowing not directly for the Fund's ’s benefit. For this purpose, failure to pay any amount due and payable to the Fund for a period of more than thirty (30) days shall constitute a borrowing.

No Borrowing. The Sub-Advisor agrees that neither it nor any of its officers or employees shall borrow from the a Fund or pledge or use the a Fund's ’s assets in connection with any borrowing not directly for the Fund's ’s benefit. For this purpose, failure to pay any amount due and payable to the a Fund for a period of more than thirty (30) days shall constitute a borrowing.

No Borrowing. The Sub-Advisor agrees that neither it nor any of its officers or employees shall borrow from the Fund Funds or pledge or use the Fund's Funds’ assets in connection with any borrowing not directly for the Fund's Funds’ benefit. For this purpose, failure to pay any amount due and payable to the Fund Funds for a period of more than thirty (30) days shall constitute a borrowing.

No Borrowing. The Sub-Advisor agrees that neither it nor any of its officers or employees shall borrow from the Fund or pledge or use the Fund's assets in connection with any borrowing not directly for the Fund's benefit. For this purpose, failure to pay any amount due and payable to the Fund that has been billed to the Sub-Advisor by the Fund for a period of more than thirty (30) days shall constitute a borrowing.

No Borrowing. The Sub-Advisor Adviser agrees that neither it nor any of its officers or employees shall borrow from the Fund Funds or pledge or use the a Fund's ’s assets in connection with any borrowing not directly for the Fund's Funds’ benefit. For this purpose, failure to pay any amount due and payable to the a Fund for a period of more than thirty (30) days shall constitute a borrowing.

No Borrowing. The Sub-Advisor Adviser agrees that neither it nor any of its officers or employees shall borrow from the Fund or pledge or use the Fund's assets in connection with any borrowing not directly for the Fund's benefit. For this purpose, failure to pay any amount due and payable to the Fund for a period of more than thirty (30) days shall constitute a borrowing.

No Borrowing. The Sub-Advisor Adviser agrees that neither it nor any of its officers or employees shall borrow from the Fund or pledge or use the Fund's ’s assets in connection with any borrowing not directly for the Fund's ’s benefit. For this purpose, failure to pay any amount due and payable to the Fund for a period of more than thirty (30) days shall constitute a borrowing.

No Borrowing. The Sub-Advisor agrees that neither it nor any of its officers or employees shall borrow from the Fund or pledge or use the Fund's ’s assets in connection with any borrowing not directly for the Fund's ’s benefit. For this purpose, failure to pay any amount due and payable to the Fund that has been billed to the Sub-Advisor by the Fund for a period of more than thirty (30) days shall constitute a borrowing.

No Borrowing. The Sub-Advisor Subadviser agrees that neither it nor any of its officers or employees shall borrow from the a Fund or pledge or use the a Fund's ’s assets in connection with any borrowing not directly for the Fund's ’s benefit. For this purpose, failure to pay any amount due and payable to a Fund that has been billed to the Subadviser by the Fund for a period of more than thirty (30) days shall constitute a borrowing.

No Borrowing. The Sub-Advisor Adviser agrees that neither it nor any of its officers or employees shall borrow from the Fund or pledge or use the Fund's ’s assets in connection with any borrowing not directly for the Fund's ’s benefit. For this purpose, failure to pay any amount due and payable to the Fund that has been billed to the Sub-Adviser by the Fund for a period of more than thirty (30) days shall constitute a borrowing.

No Borrowing. The Sub-Advisor agrees that neither it nor any of its officers or employees shall borrow from the Fund Funds or pledge or use the a Fund's assets in connection with any borrowing not directly for the Fund's benefit. For this purpose, failure to pay any amount due and payable to the a Fund for a period of more than thirty (30) days shall constitute a borrowing.

No Borrowing. The Sub-Advisor agrees that neither it nor any of its officers or employees shall is empowered nor permitted to, directly or indirectly, borrow from the Fund or pledge or use the Fund's assets in connection with any borrowing not directly for the Fund's benefit’s assets. For this purpose, failure to pay any amount due and payable to the Fund for a period of more than thirty (30) days shall constitute a borrowing.

No Borrowing. The Sub-Advisor agrees that neither it nor any of its officers or employees shall borrow from the Fund or pledge or use the Fund's ’s assets in connection with any borrowing not directly for the Fund's ’s benefit. For this purpose, failure to pay any amount due and payable to the Fund (other than any amount due and payable under Section 8) for a period of more than thirty (30) days shall constitute a borrowing.

No Borrowing. The Sub-Advisor agrees that neither it nor any of its officers or employees shall borrow from the Fund or pledge or use the Fund's ’s assets in connection with any borrowing not directly for the Fund's ’s benefit. For this purpose, failure to pay any amount due and payable to the Fund for a period of more than thirty (30) days shall constitute a borrowing; provided, however, that reimbursement for a trade error in the Sub-Advisor Account shall not be due and payable until it has been properly identified by, or to, the Sub-Advisor.

No Borrowing. The Sub-Advisor Adviser agrees that neither it nor any of its officers or employees shall borrow from the Fund or pledge or use the a Fund's ’s assets in connection with any borrowing not directly for the Fund's ’s benefit. For this purpose, failure to pay any amount due and payable to the a Fund for a period of more than thirty (30) days shall constitute a borrowing.

No Borrowing. The Sub-Advisor agrees that neither it nor any of its officers or employees shall borrow from the Fund or pledge or use the Fund's assets in connection with any borrowing not directly for the Fund's benefit. For this purpose, failure to pay any amount due and payable to the Fund for a period of more than thirty (30) days shall constitute a borrowing. Nothing in the Section 11 shall be construed to prohibit the Sub-Advisor from using the Fund’s assets in any manner that is consistent with the Fund’s Prospectus.

No Borrowing. The Sub-Advisor agrees that neither it nor any of its officers or employees shall borrow from the Fund Funds or pledge or use the Fund's Funds' assets in connection with any borrowing not directly for the Fund's Funds' benefit. For this purpose, failure to pay any amount due and payable to the Fund Funds for a period of more than thirty (30) days shall constitute a borrowing.

No Borrowing. The Sub-Advisor agrees that neither it nor any of its officers or employees shall borrow from the Fund or pledge or use the Fund's assets in connection with any borrowing not directly for the Fund's benefit. For this purpose, failure to pay any amount due and payable to the Fund for a period of more than thirty (30) days shall constitute a borrowing. The foregoing shall not be construed as prohibiting the Sub-advisor from involvement in a securities lending program for the benefit of the Fund.

No Borrowing. The Sub-Advisor agrees that neither it nor any of its officers or employees shall borrow from the Fund or pledge or use the Fund's ’s assets in connection with any borrowing not directly for the Fund's ’s benefit. For this purpose, failure to pay any amount due and payable by the Sub-Advisor to the Fund for a period of more than thirty (30) days shall constitute a borrowing.

No Borrowing. The Sub-Advisor agrees that neither it nor any of its officers or employees shall borrow from the Fund or pledge or use the Fund's ’s assets in connection with any borrowing not directly for the Fund's ’s benefit. For this purpose, failure to pay any amount due and payable to the Fund by the Sub-Advisor or any of its officers or employees for a period of more than thirty (30) days shall constitute a borrowing.