Common use of Loan of Securities Clause in Contracts

Loan of Securities. 1.1 Upon request of Xxxxxxxx, Lender may, from time to time, in its discretion and on behalf of the Clients, lend securities to Borrower against the receipt of collateral delivered by Xxxxxxxx. The parties shall agree on the terms of each Loan, including the identity and amount of the securities to be lent, the basis of compensation, and the type and amount of Collateral to be delivered by Borrower (subject to the terms and conditions of this Agreement), which terms may be amended during the period of the Loan only by mutual agreement of the parties hereto.

Appears in 8 contracts

Samples: Lending Authorization Agreement (Hansberger International Series), Securities Lending Authorization Agreement (Loomis Sayles Funds I), Securities Lending Authorization Agreement (IXIS Advisor Funds Trust IV)

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