Obligations to be Separate. Each and every obligation, liability or undertaking of an Account with respect to any Loan shall be solely an obligation, liability or undertaking of, and binding upon, the Account by which such Loan is made (“Affected Account”) and shall be payable solely from the available assets of such Account. No such obligation, liability or undertaking shall be binding upon or affect any other Account. Neither Xxxxxxx Xxxxx Agency Lending (in its individual capacity) nor any Affiliate thereof shall have any liability to Borrower whatsoever in respect of any Loan, it being understood and agreed that Borrower shall have recourse solely to the Affected Account in the event of the occurrence of a Default involving the Affected Account.
Appears in 12 contracts
Samples: Securities Lending Agency Agreement (Allspring Master Trust), Securities Lending Agency Agreement (Allspring Funds Trust), Securities Lending Agency Agreement (Wells Fargo Master Trust)
Obligations to be Separate. Each and every obligation, liability or undertaking of an Account with respect to any Loan shall be solely an obligation, liability or undertaking of, and binding upon, the Account by which such Loan is made (“"Affected Account”") and shall be payable solely from the available assets of such Account. No such obligation, liability or undertaking shall be binding upon or affect any other Account. Neither Xxxxxxx Xxxxx Agency Lending (in its individual capacity) nor any Affiliate thereof shall have any liability to Borrower whatsoever in respect of any Loan, it being understood and agreed that Borrower shall have recourse solely to the Affected Account in the event of the occurrence of a Default involving the Affected Account.
Appears in 4 contracts
Samples: Securities Loan Agreement (Allspring Funds Trust), Securities Loan Agreement (Allspring VARIABLE TRUST), Securities Lending Agency Agreement (Wells Fargo Funds Trust)
Obligations to be Separate. Each and every obligation, liability or undertaking of an Account with respect to any Loan shall be solely an obligation, liability or undertaking of, and binding upon, the Account by which such Loan is made (“Affected Account”) and shall be payable solely from the available assets of such Account. No such obligation, liability or undertaking shall be binding upon or affect any other Account. Neither Xxxxxxx Xxxxx Sachs Agency Lending (in its individual capacity) nor any Affiliate thereof shall have any liability to Borrower whatsoever in respect of any Loan, it being understood and agreed that Borrower shall have recourse solely to the Affected Account in the event of the occurrence of a Default involving the Affected Account.
Appears in 4 contracts
Samples: Securities Lending Agency Agreement (Artisan Partners Funds Inc), Securities Loan Agreement (Thrivent Mutual Funds), Securities Loan Agreement (Thrivent Core Funds)
Obligations to be Separate. Each and every obligation, liability or undertaking of an Account with respect to any Loan shall be solely an obligation, liability or undertaking of, and binding upon, the Account by which such Loan is made (“Affected Account”) and shall be payable solely from the available assets of such Account. No such obligation, liability or undertaking shall be binding upon or affect any other Account. Neither Xxxxxxx Xxxxx Gxxxxxx Sachs Agency Lending (in its individual capacity) nor any Affiliate thereof shall have any liability to Borrower whatsoever in respect of any Loan, it being understood and agreed that Borrower shall have recourse solely to the Affected Account in the event of the occurrence of a Default involving the Affected Account.
Appears in 3 contracts
Samples: Securities Loan Agreement (JPMorgan Trust I), Securities Loan Agreement (Jpmorgan Insurance Trust), Securities Loan Agreement (Jpmorgan Trust Ii)
Obligations to be Separate. Each and every obligation, liability or undertaking of an Account with respect to any Loan shall be solely an obligation, liability or undertaking of, and binding upon, the Account by which such Loan is made (“"Affected Account”") and shall be payable solely from the available assets of such Account. No such obligation, liability or undertaking shall be binding upon or affect any other Account. Neither Xxxxxxx Xxxxx Sachs Agency Lending (in its individual capacity) nor any Affiliate thereof shall have any liability to Borrower whatsoever in respect of any Loan, it being understood and agreed that Borrower shall have recourse solely to the Affected Account in the event of the occurrence of a Default involving the Affected Account.
Appears in 2 contracts
Samples: Securities Loan Agreement (Wells Fargo Variable Trust), Securities Loan Agreement (Wells Fargo Variable Trust)
Obligations to be Separate. Each and every obligation, liability or undertaking of an Account with respect to any Loan shall be solely an obligation, liability or undertaking of, and binding upon, the Account by which such Loan is made (“Affected Account”) and shall be payable solely from the available assets of such Account. No such obligation, liability or undertaking shall be binding upon or affect any other Account. Neither Xxxxxxx Xxxxx Agency Lending (in its individual capacity) nor any Affiliate thereof shall have any liability to Borrower whatsoever in respect of any Loan, it being understood and agreed that Borrower Xxxxxxxx shall have recourse solely to the Affected Account in the event of the occurrence of a Default involving the Affected Account.
Appears in 2 contracts
Samples: Securities Loan Agreement (Allspring Master Trust), Securities Loan Agreement (Allspring Variable Trust)
