Common use of Borrow money Clause in Contracts

Borrow money. Subject to the Fundamental Policies, the ------------ Trustees shall have power to borrow money or otherwise obtain credit and to secure the same by mortgaging, pledging or otherwise subjecting as security the assets of the Trust or any Series thereof, including the lending of portfolio securities, and to endorse, guarantee or undertake the performance of any obligation, contract or engagement of any other person, form, association or corporation.

Appears in 2 contracts

Samples: Pacific Select Fund, Pacific Select Fund

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Borrow money. Subject to the Fundamental Policies, the ------------ Trustees shall have power to borrow money or otherwise obtain credit and to secure the same by mortgaging, pledging or otherwise subjecting as security the assets of the Trust or any Series Portfolio thereof, including the lending of portfolio securities, and to endorse, guarantee or undertake the performance of any obligation, contract or engagement of any other person, form, association or corporation.

Appears in 1 contract

Samples: Agreement (Fulcrum Trust)

Borrow money. Subject to the Fundamental Policies, the ------------ Trustees shall have power to borrow money or otherwise obtain credit and to secure the same by mortgaging, pledging or otherwise subjecting as security the assets of the Trust or any Series Portfolio thereof, including the lending of portfolio securities, and to endorse, guarantee or undertake the performance of any obligation, contract or engagement of any other person, form, association or corporation.

Appears in 1 contract

Samples: Agreement And (Palladian Trust)

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Borrow money. Subject to the Fundamental Policies, the Trustees ---- ------------ Trustees shall have power to borrow money or otherwise obtain credit and to secure the same by mortgaging, pledging or otherwise subjecting as security the assets of the Trust or any Series thereof, including the lending of portfolio securities, and to endorse, guarantee or undertake the performance of any obligation, contract or engagement of any other person, form, association or corporation.

Appears in 1 contract

Samples: Pacific Select Fund

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