Stock Lending. No Company Group Member is a party to any stock lending or similar agreements or similar arrangements or has any obligations or liabilities (whether or not contingent) under or in connection with any such agreements or arrangements. No Company Group Member has any obligations or liabilities (whether or not contingent) under or in connection with any stock lending agreements or arrangements which are no longer outstanding but under which obligations or liabilities (whether or not contingent) exist or may arise.
Stock Lending. Upon receipt of Proper Instructions, to deliver securities of the Fund, in connection with loans of securities by the Fund, to the borrower thereof prior to receipt of the collateral, if any, for such borrowing.
Stock Lending. Upon receipt of Proper Instructions, to deliver securities of the Fund, in connection with loans of securities by the Fund, to the borrower thereof, including (if specifically indicated by Proper Instruction, which may be a standing instructions) delivery prior to receipt of the collateral, if any, for such borrowing.
Stock Lending. No AIA Group Member is a party to any stock lending or similar agreements or arrangements or has any obligations or liabilities (whether or not contingent) under or in connection with any such agreements or arrangements. No AIA Group Member has any obligations or liabilities (whether or not contingent) under or in connection with any stock lending agreements or arrangements which are no longer outstanding but under which obligations or liabilities (whether or not contingent) exist or may arise.
Stock Lending. No AerCap Group Member is a party to any stock lending or similar agreements or similar arrangements or has any obligations or liabilities (whether or not contingent) under or in connection with any such agreements or arrangements. No AerCap Group Member has any obligations or liabilities (whether or not contingent) under or in connection with any stock lending agreements or arrangements which are no longer outstanding but under which obligations or liabilities (whether or not contingent) exist or may arise.
Stock Lending. No Purchaser Group Member is a party to any stock lending or similar agreements or similar arrangements or has any obligations or liabilities (whether or not contingent) under or in connection with any such agreements or arrangements. No Purchaser Group Member has any obligations or liabilities (whether or not contingent) under or in connection with any stock lending agreements or arrangements which are no longer outstanding but under which obligations or liabilities (whether or not contingent) exist or may arise.
Stock Lending. Rowan Dartington does not participate in stock lending and we will not lend stock to a third party nor will money be borrowed on your behalf against security of that stock.
Stock Lending. For a period of one year from the Closing Date, no officer or director of the Company shall lend or permit the lending of his or her shares of Common Stock to any Person for any purpose, and shall take any necessary action to prevent any broker-dealer holding such officer or director’s shares from lending such officer or director’s Common Stock.
Stock Lending. Many tracking fund providers lend out stock to third parties as a way of increasing fee income or reducing costs and while these arrangements are bound by strict covenants and would require collateral, we recognise that they do introduce the possibility of counterparty risk and should be monitored. Relevant criteria that will be considered by the Pier Investment Committee include the level of security offered and the benefits to Clients, such as cost savings, relative to the risk. Preference will be given to assets where stock lending is low or secured by government bonds.
Stock Lending. You hereby instruct us to make arrangements with eligible custodian for the lending of such of the investments we are holding for you as you may from time to time authorise us to do on the terms of this paragraph. Such lending will be under eligible custodian’s standard supplementary terms and conditions governing the lending and borrowing of securities through Euroclear or Clearstream Banking in force from time to time. The automatic lending programme option will not apply. A copy of the current version of such terms and conditions is attached to this agreement. You authorise us to operate stock lending on your behalf and to give instructions to eligible custodian in respect of your investments under such terms and conditions without reference to you unless you otherwise specifically request it. You appreciate that lending of your investments as described in this paragraph is at your risk, and that we are not responsible for the safe return of the investments loaned by you, or in respect of the payment of dividends or coupons or non cash distributions during the period of the loan. You should refer to the terms and conditions described in this paragraph for eligible custodian’s responsibility for such matters.
