Termination of Participation in the Interfund Program. Each Lender and each Borrower may terminate its participation in this Master Agreement at any time at the election of the portfolio manager by written notice to the InterFund Program Team; provided that on or before the date of any termination the relevant Lender or Borrower has no Loans outstanding. The Adviser may at any time direct the InterFund Program Team to add additional Funds that are eligible to rely on the Order as parties to this Master Agreement, whereupon those additional Funds shall be treated for all purposes as a Borrower and as a Lender, as applicable.
Appears in 5 contracts
Samples: Master Interfund Lending Agreement (Jackson Variable Series Trust), Master Interfund Lending Agreement (JNL Series Trust), Master Interfund Lending Agreement (JNL Strategic Income Fund LLC)
