Common use of Loan Collateral Clause in Contracts

Loan Collateral. For each loan of securities, the Approved Borrower shall pledge as collateral any of the following items: (a) cash in U.S. dollars or foreign currency ("Cash Collateral") or (b) securities issued or fully guaranteed by the United States government or any agencies or instrumentalities thereof ("Non-Cash Collateral" and, collectively with Cash Collateral, "Collateral") having a market value (as determined by the Lending Agent pursuant to the applicable SLA) at least equal to the market value of the loaned securities (as determined by the Lending Agent pursuant to the applicable SLA).

Loan Collateral. For each loan of securities, the Approved Borrower shall pledge as collateral any of the following items: (a) cash in U.S. dollars or foreign currency ("Cash Collateral") ), or (b) securities issued or fully guaranteed by the United States government or any agencies or instrumentalities thereof ("Non-Cash Collateral" and, collectively with Cash Collateral, "Collateral") having a market value (as determined by the Lending Agent QA LLC pursuant to the applicable SLA) at least equal to the market value of the loaned securities (as determined by the Lending Agent QA LLC pursuant to the applicable SLA).

Loan Collateral. For each loan of securities, the Approved Borrower shall pledge as collateral any of the following items: (a) cash in U.S. dollars or foreign currency ("Cash Collateral") currency; or (b) securities issued or fully guaranteed by the United States government or any agencies or instrumentalities thereof ("Non-Cash Collateral" and, collectively with Cash Collateralcollectively, "Collateral") having a an initial market value (as determined by the Lending Agent BBH&Co. pursuant to the applicable SLA) at least equal to the market value of the loaned securities (as determined by the Lending Agent pursuant to the Operating Procedures and applicable SLA).

Loan Collateral. For each loan of securities, the Approved Borrower shall pledge as collateral any of the following items: (a) cash in U.S. dollars or foreign currency ("Cash Collateral") currency; or (b) securities issued or fully guaranteed by the United States government or any agencies or instrumentalities thereof ("Non-Cash collectively, “Collateral" and, collectively with Cash Collateral, "Collateral"”) having a an initial market value (as determined by the Lending Agent BBH&Co. pursuant to the applicable SLA) at least equal to the market value of the loaned securities (as determined by the Lending Agent pursuant to the Operating Procedures and applicable SLA).