Examples of Lending Agents in a sentence
Except as specifically provided in Section 9, the Lending Agent shall not be liable with respect to any losses incurred by any Fund in connection with the Program, except to the extent that such losses result from the Lending Agent's negligence, bad faith or willful misconduct in its administration of the Program.
Notwithstanding the foregoing, each Client acknowledges and agrees that the non-material provisions of the Lending Agent's agreement with any Borrower may differ from the Lending Agent's then current master form of Borrower Agreement (as attached hereto) as a result of the customary negotiation process between the Lending Agent and the Borrowers.
Each Client on behalf of each of its Funds hereby indemnifies and agrees to defend, hold and save harmless the Lending Agent from any and all claims, actions, demands or lawsuits of any kind whatsoever arising in any way out of the performance of the Lending Agent's duties under this Agreement, except to the extent caused by the negligence, bad faith or willful misconduct of the Lending Agent in its administration of the Program.
FCIBL reported Operating Profit of Rs.19.8 million for FY19 against Rs. 16.6 million reported for FY18 showing increase of Rs. 3.2 million.
Adviser shall monitor and supervise the Lending Agent's performance of its duties and obligations under this Agreement.
The purchasers of the Group’s properties has pledged to the Lending Agents the respective properties purchased.
Borrowing Agent enters the borrow requests in the Depository and Settlement System whereby their borrowing requests will appear to other Lending Agents under “Borrowing Availability” screen on the system.
SECURITIES LENDINGSecurities lending income is split between the Fund and the securities lending agent in a ratio of 62.5:37.5 in favour of the Fund, with all operational costs borne out of the Securities Lending Agents' share.
Professional malpractice – all professional malpractice lawsuits.
The Portfolio Accounting & Reporting Director and supporting staff will coordinate daily interaction with the Master Custodian and/or Securities Lending Agent(s).