Common use of Securities Lending Clause in Contracts

Securities Lending. The Separate Accounts may participate in a securities lending program consistent with the terms of the general account securities lending program in which collateral is received for loaned securities, provided investments made with such collateral are invested within the Separate Accounts in assets consistent with these Investment guidelines and that match securities lending program liabilities.

Appears in 21 contracts

Sources: Coinsurance and Modified Coinsurance Agreement (MEMBERS Horizon Variable Separate Account), Coinsurance and Modified Coinsurance Agreement (MEMBERS Life Insurance Co), Coinsurance and Modified Coinsurance Agreement (MEMBERS Life Insurance Co)

Securities Lending. The Separate Accounts may participate in a securities lending program consistent with the terms of the general account securities lending program in which collateral is received for loaned securities, provided investments made with such collateral are invested within the Separate Accounts in assets consistent with these Investment guidelines and that match securities lending program liabilities.. Effective: January 1, 2019

Appears in 15 contracts

Sources: Coinsurance and Modified Coinsurance Agreement (MEMBERS Life Insurance Co), Coinsurance Agreement (MEMBERS Life Insurance Co), Coinsurance and Modified Coinsurance Agreement (MEMBERS Life Insurance Co)