Common use of Lending of Available Securities Clause in Contracts

Lending of Available Securities. The Client authorizes the Lending Agent to lend, on the Client’s behalf, those securities (“Available Securities”) which are held in accounts maintained under the supervision of the Client’s custodian (the “Custodian”) or any sub-custodian (each a “Custody Account”), other than securities which the Client’s investment advisor (the “Advisor”), on behalf of the Client, specifically notifies the Lending Agent are not available for lending. The Client warrants to the Lending Agent that it will give appropriate instructions to the Advisor and the Custodian sufficient to permit the Lending Agent to arrange and settle loan transactions on the Client’s behalf as contemplated by this Agreement.

Lending of Available Securities. The Client authorizes the Lending Agent to lend, on the Client’s 's behalf, those securities (“Available Securities”) which are held in accounts maintained under the supervision of the Client’s 's custodian (the “Custodian”) or any sub-custodian (each a “Custody Account”), other than securities which the Client’s 's investment advisor (the “Advisor”), on behalf of the Client, specifically notifies the Lending Agent are not available for lending. The Client warrants to the Lending Agent that it will give appropriate instructions to the Advisor and the Custodian sufficient to permit the Lending Agent to arrange and settle loan transactions on the Client’s 's behalf as contemplated by this Agreement.

Lending of Available Securities. The Client authorizes the Lending Agent to lend, on the Client’s 's behalf, those securities (“"Available Securities”") which are held in accounts maintained under the supervision of the Client’s 's custodian (the “"Custodian”") or any sub-custodian (each a “"Custody Account”"), other than securities which the Client’s 's investment advisor adviser (the “"Advisor”"), on behalf of the Client, specifically notifies the Lending Agent are not available for lending. The Client warrants to the Lending Agent that it will give appropriate instructions to the Advisor and the Custodian sufficient to permit the Lending Agent to arrange and settle loan transactions on the Client’s 's behalf as contemplated by this Agreement.