Recourse to Assets. Loans made to any Borrower shall be repaid solely from the assets of such Borrower, and a Lender shall have no right of recourse or offset against the assets of any other Fund with respect to such Loans or any default in respect thereto. Each Lender’s liability under this Master Agreement with respect to a Loan shall be solely limited to the Lender’s assets and each Borrower hereby waives any and all rights it may have against any other Funds with respect to such Loan or any default by Lender with respect thereto.
Appears in 46 contracts
Samples: Master Interfund Lending Agreement (Putnam Sustainable Leaders Fund), Master Interfund Lending Agreement (Putnam Funds Trust), Master Interfund Lending Agreement (Putnam Income Fund)
Recourse to Assets. Loans made to any Borrower Portfolio shall be repaid solely from the assets of such BorrowerPortfolio, and a Lender shall have no right of recourse or offset against the assets of any other Fund Portfolio with respect to such Loans or any default in respect thereto. Each Lender’s 's liability under this Master Agreement with respect to a Loan shall be solely limited to the Lender’s 's assets and each Borrower hereby waives any and all rights it may have against any other Funds Portfolios with respect to such Loan or any default by Lender with respect thereto.
Appears in 13 contracts
Samples: Interfund Loan Agreement (Aim Special Opportunities Funds), Interfund Loan Agreement (Aim Investment Securities Funds), Interfund Loan Agreement (Aim Floating Rate Fund)
Recourse to Assets. Loans made to any Borrower shall be repaid solely from the assets of such Borrower, and a Lender shall have no right of recourse or offset against the assets of any other Fund with respect to such Loans or any default in respect thereto. Each Lender’s liability under this Master Agreement with respect to a Loan shall be solely limited to the Lender’s assets and each Borrower hereby waives any and all rights it may have against any other Funds with respect to such Loan or any default by Lender with respect thereto.
Appears in 11 contracts
Samples: Interfund Lending Agreement (Principal Funds, Inc.), Interfund Lending Agreement (Principal Funds, Inc.), Interfund Lending Agreement (Principal Variable Contracts Funds Inc)
Recourse to Assets. Loans made to any Borrower shall be repaid solely from the assets of such Borrower, and a Lender shall have no right of recourse or offset against the assets of any other Fund with respect to such Loans or any default in respect thereto. Each Lender’s 's liability under this Master Agreement with respect to a Loan shall be solely limited to the Lender’s 's assets and each Borrower hereby waives any and all rights it may have against any other Funds with respect to such Loan or any default by Lender with respect thereto.
Appears in 4 contracts
Samples: Interfund Lending Agreement (Principal Variable Contracts Funds Inc), Interfund Lending Agreement (Principal Funds, Inc.), Interfund Lending Agreement (Principal Variable Contracts Funds Inc)
Recourse to Assets. Loans made to any Borrower Fund shall be repaid solely from the assets of such BorrowerFund, and a Lender shall have no right of recourse or offset against the assets of any other Fund with respect to such Loans or any default in respect thereto. Each Lender’s liability under this Master Agreement with respect to a Loan shall be solely limited to the Lender’s assets and each Borrower hereby waives any and all rights it may have against any other Funds or Lenders with respect to such Loan or any default by a Lender with respect thereto.
Appears in 2 contracts
Samples: Interfund Lending Agreement (Aim Counselor Series Trust (Invesco Counselor Series Trust)), Interfund Lending Agreement (Aim International Mutual Funds (Invesco International Mutual Funds))
Recourse to Assets. Loans made to any Borrower shall be repaid solely from the assets of such Borrower, and a Lender shall have no right of recourse or offset against the assets of any other Fund with respect to such Loans or any default in respect thereto. Each Lender’s 's liability under this Master Agreement with respect to a Loan shall be solely limited to the Lender’s 's assets and each Borrower hereby waives any and all rights it may have against any other Funds with respect to such Loan or any default by Lender with respect thereto.. Classification: Internal Use
Appears in 1 contract
Samples: Interfund Lending Agreement (Principal Funds, Inc.)
