Common use of Securities Lending Duties and Fees Clause in Contracts

Securities Lending Duties and Fees. The Advisor agrees to provide the following services in connection with the securities lending activities of each Fund: (a) oversee participation in the securities lending program to ensure compliance with all applicable regulatory and investment guidelines; (b) assist the securities lending agent or principal (the "Agent") in determining which specific securities are available for loan; (c) monitor the Agent to ensure that securities loans are effected in accordance with the Advisor's instructions and with procedures adopted by the Board of Trustees; (d) prepare appropriate periodic reports for, and seek appropriate approvals from, the Board of Trustees with respect to securities lending activities; (e) respond to Agent inquiries; and (f) perform such other duties as necessary. As compensation for such services provided by the Advisor in connection with securities lending activities of each Fund, a lending Fund shall pay the Advisor a fee equal to 25% of the net monthly interest or fee income retained or paid to the Fund from such activities.

Securities Lending Duties and Fees. The Advisor Adviser agrees to provide the following services in connection with the securities lending activities of each Fundthe Trust: (a) oversee participation in the securities lending program to ensure compliance with all applicable regulatory and investment guidelines; (b) assist the securities lending agent or principal (the "Agent") in determining which specific securities are available for loan; (c) monitor the Agent to ensure that securities loans are effected in accordance with the AdvisorAdviser's instructions and with procedures adopted by the Board of Trustees; (d) prepare appropriate periodic reports for, and seek appropriate approvals from, the Board of Trustees with respect to securities lending activities; (e) respond to Agent inquiries; and (f) perform such other duties as necessary. As compensation for such services provided by the Advisor Adviser in connection with securities lending activities of each Fundactivities, a lending Fund the Trust shall pay the Advisor Adviser a fee equal to 25% of the net monthly interest or fee income retained or paid to the Fund Trust from such activities.

Securities Lending Duties and Fees. The Advisor Adviser agrees to provide the following services in connection with the securities lending activities of each Fund: (a) oversee participation in the securities lending program to ensure compliance with all applicable regulatory and investment guidelines; (b) assist the securities lending agent or principal (the "“Agent"”) in determining which specific securities are available for loan; (c) monitor the Agent to ensure that securities loans are effected in accordance with the Advisor's Adviser’s instructions and with procedures adopted by the Board of Trustees; (d) prepare appropriate periodic reports for, and seek appropriate approvals from, the Board of Trustees with respect to securities lending activities; (e) respond to Agent inquiries; and (f) perform such other duties as necessary. As compensation for such services provided by the Advisor Adviser in connection with securities lending activities of each Fund, a lending Fund shall pay the Advisor Adviser a fee equal to 25% of the net monthly interest or fee income retained or paid to the Fund from such activities.

Securities Lending Duties and Fees. The Advisor Adviser agrees to provide the following services in connection with the securities lending activities of each Fund: (a) oversee participation in the securities lending program to ensure compliance with all applicable regulatory and investment guidelines; (b) assist the securities lending agent or principal (the "Agent") in determining which specific securities are available for loan; (c) monitor the Agent to ensure that securities loans are effected in accordance with the AdvisorAdviser's instructions and with procedures adopted by the Board of Trustees/Directors; (d) prepare appropriate periodic reports for, and seek appropriate approvals from, the Board of Trustees Trustees/Directors with respect to securities lending activities; (e) respond to Agent inquiries; and (f) perform such other duties as necessary. As compensation for such services provided by the Advisor Adviser in connection with securities lending activities of each Fund, a lending Fund shall pay the Advisor Adviser a fee equal to 25% of the net monthly interest or fee income retained or paid to the Fund from such activities.

Securities Lending Duties and Fees. The Advisor agrees to provide the following services in connection with the securities lending activities of each Fund: (a) oversee participation in the securities lending program to ensure compliance with all applicable regulatory and investment guidelines; (b) assist the securities lending agent or principal (the "Agent") in determining which specific securities are available for loan; (c) monitor the Agent to ensure that securities loans are effected in accordance with the Advisor's instructions and with procedures adopted by the Board of TrusteesDirectors; (d) prepare appropriate periodic reports for, and seek appropriate approvals from, the Board of Trustees Directors with respect to securities lending activities; (e) respond to Agent inquiries; and (f) perform such other duties as necessary. As compensation for such services provided by the Advisor in connection with securities lending activities of each Fund, a lending Fund shall pay the Advisor a fee equal to 25% of the net monthly interest or fee income retained or paid to the Fund from such activities.

Securities Lending Duties and Fees. The Advisor Adviser agrees to provide the following services in connection with the securities lending activities of each Fundthe Trust: (a) oversee participation in the securities lending program to ensure compliance with all applicable regulatory and investment guidelines; (b) assist the securities lending agent or principal (the "“Agent"”) in determining which specific securities are available for loan; (c) monitor the Agent to ensure that securities loans are effected in accordance with the Advisor's Adviser’s instructions and with procedures adopted by the Board of Trustees; (d) prepare appropriate periodic reports for, and seek appropriate approvals from, the Board of Trustees with respect to securities lending activities; (e) respond to Agent inquiries; and (f) perform such other duties as necessary. As compensation for such services provided by the Advisor Adviser in connection with securities lending activities of each Fundactivities, a lending Fund the Trust shall pay the Advisor Adviser a fee equal to 25% of the net monthly interest or fee income retained or paid to the Fund Trust from such activities.

Securities Lending Duties and Fees. The Advisor agrees to provide the following services in connection with the securities lending activities of each Fund: (a) oversee participation in the securities lending program to ensure compliance with all applicable regulatory and investment guidelines; (b) assist the securities lending agent or principal (the "“Agent"”) in determining which specific securities are available for loan; (c) monitor the Agent to ensure that securities loans are effected in accordance with the Advisor's ’s instructions and with procedures adopted by the Board of Trustees; (d) prepare appropriate periodic reports for, and seek appropriate approvals from, the Board of Trustees with respect to securities lending activities; (e) respond to Agent inquiries; and (f) perform such other duties as necessary. As compensation for such services provided by the Advisor in connection with securities lending activities of each Fund, a lending Fund shall pay the Advisor a fee equal to 25% of the net monthly interest or fee income retained or paid to the Fund from such activities.

Securities Lending Duties and Fees. The Advisor Adviser agrees to provide the following services in connection with the securities lending activities of each Fund: (a) oversee participation in the securities lending program to ensure compliance with all applicable regulatory and investment guidelines; (b) assist the securities lending agent or principal (the "Agent") in determining which specific securities are available for loan; (c) monitor the Agent to ensure that securities loans are effected in accordance with the AdvisorAdviser's instructions and with procedures adopted by the Board of Trustees; (d) prepare appropriate periodic reports for, and seek appropriate approvals from, the Board of Trustees with respect to securities lending activities; (e) respond to Agent inquiries; and (f) perform such other duties as necessary. As compensation for such services provided by the Advisor Adviser in connection with securities lending activities of each Fund, a lending Fund shall pay the Advisor Adviser a fee equal to 25% of the net monthly interest or fee income retained or paid to the Fund from such activities.

Securities Lending Duties and Fees. The Advisor Adviser agrees to provide the following services in connection with the securities lending activities of each the Fund: (a) oversee participation in the securities lending program to ensure compliance with all applicable regulatory and investment guidelines; (b) assist the securities lending agent or principal (the "“Agent"”) in determining which specific securities are available for loan; (c) monitor the Agent to ensure that securities loans are effected in accordance with the Advisor's Adviser’s instructions and with procedures adopted by the Board of Trustees; (d) prepare appropriate periodic reports for, and seek appropriate approvals from, the Board of Trustees with respect to securities lending activities; (e) respond to Agent inquiries; and (f) perform such other duties as necessary. As compensation for such services provided by the Advisor Adviser in connection with securities lending activities of each Fundactivities, a lending the Fund shall pay the Advisor Adviser a fee equal to 25% of the net monthly interest or fee income retained or paid to the Fund from such activities.

Securities Lending Duties and Fees. The Advisor Adviser agrees to provide the following services in connection with the securities lending activities of each the Fund: (a) oversee participation in the securities lending program to ensure compliance with all applicable regulatory and investment guidelines; (b) assist the securities lending agent or principal (the "Agent") in determining which specific securities are available for loan; (c) monitor the Agent to ensure that securities loans are effected in accordance with the AdvisorAdviser's instructions and with procedures adopted by the Board of Trustees; (d) prepare appropriate periodic reports for, and seek appropriate approvals from, the Board of Trustees with respect to securities lending activities; (e) respond to Agent inquiries; and (f) perform such other duties as necessary. As compensation for such services provided by the Advisor Adviser in connection with securities lending activities of each Fundactivities, a lending the Fund shall pay the Advisor Adviser a fee equal to 25% of the net monthly interest or fee income retained or paid to the Fund from such activities.

Securities Lending Duties and Fees. The Advisor Adviser agrees to provide the following services in connection with the securities lending activities of each Fundthe Trust: (a) oversee participation in the securities lending program to ensure compliance with all applicable regulatory and investment guidelines; (b) assist the securities lending agent or principal (the "Agent") in determining which specific securities are available for loan; (c) monitor the Agent to ensure that securities loans are effected in accordance with the AdvisorAdviser's instructions and with procedures adopted by the Board of Trustees; (d) prepare appropriate periodic reports for, and seek appropriate approvals from, the Board of Trustees with respect to securities lending activities; (e) respond to Agent inquiries; and (f) perform such other duties as necessary. Sub-Item 77Q1(e) As compensation for such services provided by the Advisor Adviser in connection with securities lending activities of each Fundactivities, a lending Fund the Trust shall pay the Advisor Adviser a fee equal to 25% of the net monthly interest or fee income retained or paid to the Fund Trust from such activities.

Securities Lending Duties and Fees. The Advisor Adviser agrees to provide the following services in connection with the securities lending activities of each Fund: (a) oversee participation in the securities lending program to ensure compliance with all applicable regulatory and investment guidelines; (b) assist the securities lending agent or principal (the "“Agent"”) in determining which specific securities are available for loan; (c) monitor the Agent to ensure that securities loans are effected in accordance with the Advisor's Adviser’s instructions and with procedures adopted by the Board of Trustees/Directors; (d) prepare appropriate periodic reports for, and seek appropriate approvals from, the Board of Trustees Trustees/Directors with respect to securities lending activities; (e) respond to Agent inquiries; and (f) perform such other duties as necessary. As compensation for such services provided by the Advisor Adviser in connection with securities lending activities of each Fund, a lending Fund shall pay the Advisor Adviser a fee equal to 25% of the net monthly interest or fee income retained or paid to the Fund from such activities.

Securities Lending Duties and Fees. The Advisor agrees to provide the following services in connection with the securities lending activities of each Fund: (a) oversee participation in the securities lending program to ensure compliance with all applicable regulatory and investment guidelines; (b) assist the securities lending agent or principal (the "“Agent"”) in determining which specific securities are available for loan; (c) monitor the Agent to ensure that securities loans are effected in accordance with the Advisor's ’s instructions and with procedures adopted by the Board of TrusteesDirectors; (d) prepare appropriate periodic reports for, and seek appropriate approvals from, the Board of Trustees Directors with respect to securities lending activities; (e) respond to Agent inquiries; and (f) perform such other duties as necessary. As compensation for such services provided by the Advisor in connection with securities lending activities of each Fund, a lending Fund shall pay the Advisor a fee equal to 25% of the net monthly interest or fee income retained or paid to the Fund from such activities.

Securities Lending Duties and Fees. The Advisor Adviser agrees to provide the following services in connection with the securities lending activities of each the Fund: (a) oversee participation in the securities lending program to ensure compliance with all applicable regulatory and investment guidelines; (b) assist the securities lending agent or principal (the "Agent") in determining which specific securities are available for loan; (c) monitor the Agent to ensure that securities loans are effected in accordance with the AdvisorAdviser's instructions and with procedures adopted by the Board of TrusteesManaging General Partners; (d) prepare appropriate periodic reports for, and seek appropriate approvals from, the Board of Trustees Managing General Partners with respect to securities lending activities; (e) respond to Agent inquiries; and (f) perform such other duties as necessary. As compensation for such services provided by the Advisor Adviser in connection with securities lending activities of each Fundactivities, a lending the Fund shall pay the Advisor Adviser a fee equal to 25% of the net monthly interest or fee income retained or paid to the Fund from such activities.

Securities Lending Duties and Fees. The Advisor Adviser agrees to provide the following services in connection with the securities lending activities of each the Fund: (a) oversee participation in the securities lending program to ensure compliance with all applicable regulatory and investment guidelines; (b) assist the securities lending agent or principal (the "“Agent"”) in determining which specific securities are available for loan; (c) monitor the Agent to ensure that securities loans are effected in accordance with the Advisor's Adviser’s instructions and with procedures adopted by the Board of TrusteesManaging General Partners; (d) prepare appropriate periodic reports for, and seek appropriate approvals from, the Board of Trustees Managing General Partners with respect to securities lending activities; (e) respond to Agent inquiries; and (f) perform such other duties as necessary. As compensation for such services provided by the Advisor Adviser in connection with securities lending activities of each Fundactivities, a lending the Fund shall pay the Advisor Adviser a fee equal to 25% of the net monthly interest or fee income retained or paid to the Fund from such activities.