LOAN OF PORTFOLIO SECURITIES OF THE FUND. 1. Promptly after each loan of portfolio Securities specifically allocated to a Series held by the Custodian hereunder, the Fund shall deliver or cause to be delivered to the Custodian a Certificate specifying with respect to each such loan: (a) the Series to which the loaned Securities are specifically allocated; (b) the name of the issuer and the title of the Securities, (c) the number of shares or the principal amount loaned, (d) the date of loan and delivery, (e) the total amount to be delivered to the Custodian against the loan of the Securities, including the amount of cash collateral and the premium, if any, separately identified, and (f) the name of the broker, dealer, or financial institution to which the loan was made. The Custodian shall deliver the Securities thus designated to the broker, dealer or financial institution to which the loan was made upon receipt of the total amount designated as to be delivered against the loan of Securities. The Custodian may accept payment in connection with a delivery otherwise than through the Book-Entry System or Depository only in the form of a certified or bank cashier's check payable to the order of the Fund or the Custodian drawn on New York Clearing House funds and may deliver Securities in accordance with the customs prevailing among dealers in securities.
LOAN OF PORTFOLIO SECURITIES OF THE FUND. 1. If the Fund is permitted by the terms of its organization documents and as disclosed in its most recent and currently effective prospectus to lend the portfolio Securities of a Series, within 24 hours after each loan of portfolio Securities the Fund shall deliver or cause to be delivered to the Custodian a Certificate specifying with respect to each such loan: (a) the Series to which the Securities to be loaned are specifically allocated; (b) the name of the issuer and the title of the Securities; (c) the number of shares or the principal amount loaned; (d) the date of loan and delivery; (e) the total amount to be delivered to the Custodian against the loan of the Securities, including the amount of cash collateral and the premium, if any, separately identified; and (f) the name of the broker, dealer or financial institution to which the loan was made. The Custodian shall deliver the Securities thus designated to the broker, dealer or financial institution to which the loan was made upon receipt of the total amount designated as to be delivered against the loan of Securities. The Custodian may accept payment in connection with a delivery otherwise than through the Book-Entry System or Depository only in the form of a certified or bank cashier's check payable to the order of the Fund or the Custodian drawn on New York Clearing House funds and may deliver Securities in accordance with the customs prevailing among dealers in securities.
LOAN OF PORTFOLIO SECURITIES OF THE FUND. 1. If the Fund is permitted by the terms of its Articles of Incorporation and as disclosed in its most recent and currently effective prospectus to lend its portfolio securities, within twenty-four (24) hours after each loan of portfolio Securities the Fund shall deliver or cause to be delivered to the Custodian a Certificate specifying with respect to each such loan: (a) the name of the issuer and the title of the Securities; (b) the number of shares or the principal amount loaned; (c) the date of loan and delivery (d) the total amount to be delivered to the Custodian against the loan of the Securities, including the amount of cash collateral and the premium, if any, separately identified; and (e) the name of the broker, dealer or financial institution to which the loan was made. The Custodian shall deliver the securities thus designated to the broker, dealer, or financial institution to which the loan was made upon receipt of the total amount designated as to be delivered against the loan of Securities. The Custodian may accept payment in connection with a delivery otherwise than through the Book-Entry System or Depository only in the form of a certified or a bank cashier's check payable to the order of the fund or the custodian drawn on New York Clearing House Funds and may deliver Securities in accordance with the customs prevailing among dealers in securities.
LOAN OF PORTFOLIO SECURITIES OF THE FUND. 1. Promptly after each loan of portfolio Securities specifically allocated to a Series held by the Custodian here- under, the Fund shall deliver or cause the Administrator to deliver to the Custodian a Certificate specifying with respect to each such loan: (a) the Series to which the loaned Securi- ties are specifically allocated; (b) the name of the issuer and the title of the Securities, (c) the number of shares or the principal amount loaned, (d) the date of loan and deliv- ery, (e) the total amount to be delivered to the Custodian against the loan of the Securities, including the amount of cash collateral and the premium, if any, separately identi- fied, and (f) the name of the broker, dealer, or financial institution to which the loan was made. The Custodian shall deliver the Securities thus designated to the broker, dealer or financial institution to which the loan was made upon re- ceipt of the total amount designated as to be delivered against the loan of Securities. The Custodian may accept pay- ment in connection with a delivery otherwise than through the Book-Entry System or Depository only in the form of a certi- fied or bank cashier's check payable to the order of the Fund or the Custodian drawn on New York Clearing House funds and may deliver Securities in accordance with the customs prevail- ing among dealers in securities.
LOAN OF PORTFOLIO SECURITIES OF THE FUND. 1. Promptly after each loan of portfolio Securities specifically allocated to a Series held by the Custodian hereunder, the Fund shall deliver or cause to be delivered to the Custodian a Certificate specifying with respect to each such loan: (a) the Series to which the loaned Securities are specifically allocated; (b) the name of the issuer and the title of the Securities, (c) the number of shares or the principal amount loaned, (d) the date of loan and delivery, (e) the total amount to be delivered to the Custodian against the loan of the Securities, including the amount of cash collateral and the premium, if any, separately identified, and (f) the name of the broker, dealer, or financial institution to which the loan was made. The Custodian shall deliver the
LOAN OF PORTFOLIO SECURITIES OF THE FUND. 1. Promptly after each loan of portfolio Securities specifically allocated to a Series held by the Custodian hereunder, the Fund shall deliver or cause to be delivered to the Custodian a Certificate specifying with respect to each such loan: (a) the Series to which the loaned Securities are specifically allocated; (b) the name of the issuer and the title of the Securities, (c) the number of shares or the principal amount loaned, (d) the date of loan and delivery, (e) the total amount to be delivered to the Custodian against the loan of the Securities, including the amount of cash collateral and the premium, if any, separately identified, and (f) the name of the broker, dealer, or financial institution to which the loan was made. The Custodian shall deliver the securities thus designated to the broker, dealer or financial institution to which the loan was made upon receipt of the total amount designated as to be delivered against the loan of Securities. The Custodian may accept payment in connection with a delivery otherwise than through the Book-Entry System or Depository only
LOAN OF PORTFOLIO SECURITIES OF THE FUND. 1. Promptly after each loan of portfolio Securities specifically allocated to a Series held by the Custodian hereunder, the Fund shall deliver or cause to be delivered to the Custodian a Certificate specifying with respect to each such loan: (a) the Series to which the loaned Securities are specifically allocated; (b) the name of the issuer and the title of the Securities; (c) the number of shares or the principal amount loaned; (d) the date of loan and delivery; (e) the
LOAN OF PORTFOLIO SECURITIES OF THE FUND. 1. Where the Fund is permitted to lend its portfolio securities and wishes to lend its portfolio securities, the Fund shall deliver to the Custodian an officers certificate specifying with respect to each such loan: (a) the name of the issuer and the title of the securities, (b) the number of shares or the principal amount loaned, (c) the date of the loan and delivery, (d) the total amount to be delivered to the Custodian against the loan of the securities including the amount of cash collateral and the premium, if any, separately identified and (e) the name of the broker to whom the loan was made. The Custodian shall deliver the securities thus designated to the broker to whom the loan was made upon receipt of the total amount designated as to be delivered against the loan of securities. The Custodian may accept payment only in the form of immediately available funds or a certified or bank cashier's check payable to the order of the Fund or the Custodian drawn on New York Clearing House funds and may deliver securities in accordance with the customs prevailing among dealers in securities.
LOAN OF PORTFOLIO SECURITIES OF THE FUND. 1. Within 24 hours after each loan of portfolio Securities held by the Custodian hereunder the Fund shall deliver or cause to be delivered to the Custodian a Certifi- cate specifying with respect to each such loan: (a) the name of the issuer and the title of the Securities, (b) the principal amount loaned, (c) the date of loan and delivery, (d) the total amount to be delivered to the Custodian against the loan of the Securities, including the amount of cash collateral and the premium, if any, separately identi- fied, and (e) the name of the broker, dealer, or financial institution to which the loan was made. The Custodian shall deliver the Securities thus designated to the broker, dealer or financial institution to which the loan was made upon receipt of the total amount designated as to be delivered against the loan of Securities. The Custodian may accept payment in connection with a delivery otherwise than through the Book-Entry System or Depository only in the form of a certified or bank cashier's check payable to the order of the Fund or the Custodian drawn on New York Clearing House funds and may deliver Securities in accordance with the customs prevailing among dealers in securities.
LOAN OF PORTFOLIO SECURITIES OF THE FUND. 1. If the Fund is permitted by the terms of its Declaration of Trust and its most recent and currently effective prospectus to lend portfolio Securities speci- fically allocated to a Series, within 24 hours after each loan of portfolio Securities the Fund shall deliver or cause to be delivered to the Custodian a Certificate specifying with respect to each such loan: (a) the name of the issuer and the title of the Securities, (b) the number of shares or the principal amount loaned, (e) the date of loan and delivery, (d) the total amount to be delivered to the Custo- dxxx against the loan of the Securities, including the amount of cash collateral and the premium, if any, separate- ly identified, (e) the name of the broker, dealer, or fxxxx- cial institution to which the loan was made, and (f) the name of the Series to which the loaned Securities are speci- fically allocated. The Custodian shall deliver the Securi- ties thus designated to the broker, dealer or financial institution to which the loan was made upon receipt of the total amount designated as to be delivered against the loan of Securities. The Custodian may accept payment in connect- ion with a delivery otherwise than through the Book Entry System or Depository only in the form of a certified or bank cashier's check payable to the order of the Fund or the Custodian drawn on. New York Clearing House funds and may deliver Securities in accordance with the customs prevailing among dealers in securities.
