Lending Customer definition
Examples of Lending Customer in a sentence
This Exhibit 1, amended and restated as of May 1, 2008, is hereby incorporated and made part of the Securities Lending Customer Agreement (Indemnified) approved and ratified as of September 19, 2007 and amended as of October 18, 2007 by and between the parties named below (the “Agreement”), and replaces any and all prior versions of Exhibit 1 to the Agreement.
A "Similar Securities Lending Customer" shall mean another customer that is a U.S. investment company.
The Insurer shall pay Loss on behalf of an Insured resulting from a Claim first made against such Insured during the Policy Period or Extended Reporting Period, if applicable, for a Wrongful Act by an Insured, or a natural person or entity for whose acts the Insured is legally liable, in the rendering of, or failure to render, Lending Services for or on behalf of a Lending Customer.