Delivery in Connection with Borrowings of the Fund or other Collateral and Margin Requirements. Pursuant to Instruction, the Custodian may deliver Investments or cash of the Fund in connection with borrowings and other collateral and margin requirements.
Appears in 42 contracts
Samples: Custodian Agreement (Vanguard World Fund), Custodian Agreement (Vanguard Specialized Funds), Custodian Agreement (Vanguard Valley Forge Funds)
Delivery in Connection with Borrowings of the Fund or other Collateral and Margin Requirements. Pursuant to Instruction, the Custodian may deliver Investments or cash of the Fund to lenders or their agents as collateral in connection with borrowings and other collateral and margin requirements. Such borrowed money is payable to or upon the Custodian’s order as Custodian for the Fund.
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Delivery in Connection with Borrowings of the Fund or other Collateral and Margin Requirements. Pursuant to Instruction, the Custodian may deliver Investments or cash of the Fund in connection with borrowings and other collateral and margin requirements.. 6.4
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