Structure of Investments. 1. No more than 40% of loans outstanding at any time may be term loans. Any such term loans must have matched collateral investments. The weighted average term of a Fund’s lent securities cannot exceed thirty (30) days. The weighted average life of the Collateral Investment Pool for a Fund shall not differ from the weighted average term of the outstanding Loans by such Fund by more than 15 days.
Appears in 5 contracts
Samples: Novation Agreement, Novation Agreement (Thrivent Series Fund Inc), Agency Securities Lending Agreement (Thrivent Series Fund Inc)
