Common use of Procedural Requirements Clause in Contracts

Procedural Requirements. All loans shall be requested and funded in accordance with the procedures set forth herein and such other procedures as may be approved and adopted from time to time by the Board of Trustees of the applicable Trust (the “Interfund Lending Procedures”), including a majority of the trustees who are not “interested persons” as that term is used in Section 2(a)(19) of the 0000 Xxx.

Appears in 28 contracts

Samples: Master Interfund Lending Agreement (Putnam International Equity Fund), Master Interfund Lending Agreement (Putnam Target Date Funds), Master Interfund Lending Agreement (Putnam Asset Allocation Funds)

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Procedural Requirements. All loans shall be requested and funded in accordance with the procedures set forth herein and such other procedures as may be approved and adopted from time to time by the Board of Trustees Directors of the applicable Trust Fund (the “Interfund Lending Procedures”), including a majority of the trustees directors who are not “interested persons” as that term is used in Section 2(a)(19) of the 0000 Xxx.

Appears in 8 contracts

Samples: Interfund Lending Agreement (Principal Funds Inc), Interfund Lending Agreement (Principal Funds Inc), Interfund Lending Agreement (Principal Funds Inc)

Procedural Requirements. All loans shall be requested and funded in accordance with the procedures set forth herein and such other procedures as may be approved and adopted from time to time by the Board of Trustees of the applicable Trust (the “Interfund Lending Procedures”), including a majority of the trustees who are not “interested persons” as that term is used in Section 2(a)(19) of the 0000 Xxx1940 Act.

Appears in 4 contracts

Samples: Master Interfund Lending Agreement (Putnam New York Tax Exempt Income Fund), Master Interfund Lending Agreement (Putnam Investment Funds), Master Interfund Lending Agreement (Putnam Target Date Funds)

Procedural Requirements. All loans shall be requested and funded in accordance with the procedures set forth herein and such other procedures as may be approved and adopted from time to time by the Board of Trustees Directors of the applicable Trust Fund (the "Interfund Lending Procedures"), including a majority of the trustees directors who are not "interested persons" as that term is used in Section 2(a)(19) of the 0000 Xxx.

Appears in 4 contracts

Samples: Interfund Lending Agreement (Principal Funds, Inc.), Interfund Lending Agreement (Principal Variable Contracts Funds Inc), Interfund Lending Agreement (Principal Funds, Inc.)

Procedural Requirements. All loans shall be requested and funded in accordance with the procedures set forth herein and such other procedures as may be approved and adopted from time to time by the Board of Trustees of the applicable Trust (the “Interfund Lending Procedures”), including a majority of the trustees who are not “interested persons” as that term is used in Section 2(a)(19) of the 0000 1000 Xxx.

Appears in 2 contracts

Samples: Master Interfund Lending Agreement (Putnam Target Date Funds), Master Interfund Lending Agreement (Putnam Investment Funds)

Procedural Requirements. All loans shall be requested and funded in accordance with the procedures set forth herein and such other procedures as may be approved and adopted from time to time by the Board of Trustees Directors of the applicable Trust Fund (the “Interfund Lending Procedures”), including a majority of the trustees directors who are not “interested persons” as that term is used in Section 2(a)(19) of the 0000 1900 Xxx.

Appears in 1 contract

Samples: Interfund Lending Agreement (Principal Funds, Inc.)

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Procedural Requirements. All loans shall be requested and funded in accordance with the procedures set forth herein and such other procedures as may be approved and adopted from time to time by the Board of Trustees Directors of the applicable Trust Fund (the “Interfund Lending Procedures”), including a majority of the trustees directors who are not “interested persons” as that term is used in Section 2(a)(19) of the 0000 Xxx1940 Act.

Appears in 1 contract

Samples: Interfund Lending Agreement (Principal Funds, Inc.)

Procedural Requirements. All loans shall be requested and funded in accordance with the procedures set forth herein and such other procedures as may be approved and adopted from time to time by the Board of Trustees Directors of the applicable Trust Fund (the "Interfund Lending Procedures"), including a majority of the trustees directors who are not "interested persons" as that term is used in Section 2(a)(19) of the 0000 Xxx1940 Act.

Appears in 1 contract

Samples: Interfund Lending Agreement (Principal Variable Contracts Funds Inc)

Procedural Requirements. All loans shall be requested and funded in accordance with the procedures set forth herein and such other procedures as may be approved and adopted from time to time by the Board of Trustees Directors of the applicable Trust Fund (the “Interfund Lending Procedures”), including a majority of the trustees directors who are not “interested persons” as that term is used in Section 2(a)(19) of the 0000 1000 Xxx.

Appears in 1 contract

Samples: Interfund Lending Agreement (Principal Funds Inc)

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