Borrowing and Lending Instructions. Touchstone shall provide the Interfund Lending Team with standing instructions as to their desire to have the Fund act as a Lender when such Fund has uninvested cash balances (“Lending Instructions”). Touchstone shall provide the Interfund Lending Team with standing instructions as to their desire to participate as a Borrower should the borrowing need arise (“Borrowing Instructions”). Touchstone may revoke or change Lending Instructions or Borrowing Instructions with respect to a Fund by notifying the Interfund Lending Team. No portfolio managers of any Fund will serve as a member of the Interfund Lending Team.
Appears in 4 contracts
Samples: Master Interfund Lending Agreement (Touchstone ETF Trust), Master Interfund Lending Agreement (Touchstone Institutional Funds Trust), Master Interfund Lending Agreement (Touchstone Variable Series Trust)