Common use of No Investment Advice Clause in Contracts

No Investment Advice. The Fund understands and agrees that (i) BBH&Co. shall not provide investment advice or exercise any decision-making authority or control with respect to the investment of cash Collateral, and (ii) any investment of cash Collateral in one or more Permitted Investments may only be effected upon the Fund’s instruction to BBH&Co. (which may be in the form of a standing instruction).

Appears in 9 contracts

Samples: Securities Lending Agency Agreement (Krane Shares Trust), Securities Lending Agency Agreement (Pointbreak ETF Trust), Securities Lending Agency Agreement (Heartland Group Inc)

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No Investment Advice. The Fund understands and agrees that (i) BBH&Co. shall not provide investment advice or exercise any decision-making authority or control with respect to the investment of cash Collateral, and (ii) any investment of cash Collateral in one or more Permitted Investments may only be effected only upon the Fund’s instruction to BBH&Co. (which instructions may be in the form of a standing instruction).

Appears in 1 contract

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

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