Common use of Securities Loan Agreements Clause in Contracts

Securities Loan Agreements. Each Fund authorizes State Street to enter into one or more Securities Loan Agreements with such Borrowers as may be selected by State Street. Each Securities Loan Agreement shall have such terms and conditions as State Street may negotiate with the Borrower. State Street shall use reasonable efforts to negotiate Securities Loan Agreements to be not materially adverse from applicable market standard agreements (including without limitation the SIFMA/BMA Master Securities Loan Agreement 2000 version and the ISLA Global Master Securities Loan Agreement 2000 version). Certain terms of individual Loans, including rebate fees to be paid to the Borrower for the use of cash Collateral, shall be negotiated at the time a Loan is made. State Street agrees to provide a Fund a confidential copy of any Securities Loan Agreement with any Borrower upon request.

Appears in 3 contracts

Samples: Securities Lending Authorization Agreement (Russell Investment Funds), Securities Lending Authorization Agreement (Russell Investment Co), Securities Lending Authorization Agreement (Russell Investment Co)

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Securities Loan Agreements. Each Fund authorizes State Street to enter into one or more Securities Loan Agreements with such Borrowers as may be selected by State Street. Each Securities Loan Agreement shall have such terms and conditions as State Street may negotiate with the Borrower, which terms and conditions will not be inconsistent with this Agreement and will be reasonable in accordance with standard industry practice. State Street Street, as lending agent on behalf of each Fund, shall use reasonable efforts to negotiate comply with the terms of each such Securities Loan Agreements to be not materially adverse from applicable market standard agreements (including without limitation the SIFMA/BMA Master Securities Loan Agreement 2000 version and the ISLA Global Master Securities Loan Agreement 2000 version)Agreement. Certain terms of individual Loans, including rebate fees to be paid to the Borrower for the use of cash Collateral, shall be negotiated at the time a Loan is made. State Street agrees to provide a Fund a confidential copy of any Securities Loan Agreement with any Borrower upon request.

Appears in 1 contract

Samples: Exhibits and Schedules (First Focus Funds Inc)

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