Securities Lending Transactions. l LOAN INITIATION. From time to time the Bank may lend Securities to Borrowers and deliver such Securities against receipt of Collateral in accordance with the applicable Securities Borrowing Agreement. The Bank shall deliver to the Lender a Receipt in connection with each loan made hereunder, prior to settlement of such loan.
Appears in 4 contracts
Samples: Securities Lending Agency Agreement (CDC Nvest Funds Trust I), Securities Lending Agency Agreement (CDC Nvest Companies Trust I), Securities Lending Agency Agreement (CDC Nvest Funds Trust Iii)
Securities Lending Transactions. l LOAN INITIATION. From time to time the Bank may lend Securities to Borrowers and deliver such Securities against receipt of Collateral in accordance with the applicable Securities Borrowing Agreement. The Bank shall deliver to the Lender a Receipt in connection with each loan made hereunder, prior to settlement of such loan.
Appears in 2 contracts
Samples: Securities Lending Agency Agreement (CDC Nvest Companies Trust I), Securities Lending Agency Agreement (CDC Nvest Funds Trust Ii)