No Investment Advice. The Fund understands and agrees that (i) BBH&Co. shall not provide investment advice or exercise any decision-making authority or control with respect to the investment of cash Collateral, and (ii) any investment of cash Collateral in one or more Permitted Investments may only be effected upon the Fund’s instruction to BBH&Co. (which may be in the form of a standing instruction).
Appears in 9 contracts
Samples: Securities Lending Agency Agreement (Heartland Group Inc), Securities Lending Agency Agreement (PNC Funds), Lending Agency Agreement (Pointbreak ETF Trust)
No Investment Advice. The Fund understands and agrees that (i) BBH&Co. shall not provide investment advice or exercise any decision-making authority or control with respect to the investment of cash Collateral, and (ii) any investment of cash Collateral in one or more Permitted Investments may only be effected only upon the Fund’s instruction to BBH&Co. (which instructions may be in the form of a standing instruction).
Appears in 1 contract
Samples: Securities Lending Agency Agreement (Catholic Responsible Investments Funds)
