Securities Lending Agents definition

Securities Lending Agents means Canadian Imperial Bank of Commerce and The Bank of New York Mellon and “Securities Lending Agent” means any one of them.
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Securities Lending Agents means those agents who may act as securities lending agents for the Company, including The Bank of New York Mellon, CIBC Mellon Global Securities Services Company and Canadian Imperial Bank of Commerce.
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Examples of Securities Lending Agents in a sentence

  • When a candidate has not received a unanimous committee vote, the evaluation shall include a discussion of the reasons for the divergent opinions.All committee reports should list the entire membership, be signed and dated by at least the Chair.

  • Professional malpractice – all professional malpractice lawsuits.

  • Securities Lending Agents YYY, IBUY, DIVO, BLOK, BATT, SWAN, XBUY and LEND The Funds may participate in securities lending arrangements whereby a Fund lends certain of its portfolio securities to brokers, dealers, and financial institutions (not with individuals) to receive additional income and increase the rate of return of its portfolio.

  • The Portfolio Accounting & Reporting Director and supporting staff will coordinate daily interaction with the Master Custodian and/or Securities Lending Agent(s).

  • The Securities Lending Agents are required to maintain internal controls, procedures and records including a list of approved third parties based on generally accepted creditworthiness standards, transaction and credit limits for each third party, and collateral diversification standards.

  • Each day, the Securities Lending Agents will determine the market value of both the securities loaned by the Fund under a securities lending transaction or sold by the Fund under a repurchase transaction and the cash or collateral held by the Fund for such transactions.

  • The Funds may lend up to 33 1/3% of the value of the securities in their portfolios to brokers, dealers and financial institutions (but not individuals) under terms of participation in a securities lending programs administered by the Securities Lending Agents.

  • Any risk of loss arising from any insufficiency or ineffectiveness of the security for the Notes or the custody and clearance risks which may be associated with assets comprising the Portfolio will be borne by the Noteholders without recourse to the Issuer, the Initial Purchaser, the Trustee, the Investment Manager, the Collateral Administrator, the Agents, the Custodian, the Hedge Counterparties, the Securities Lending Agents, the Securities Lending Counterparties or any other party.

  • Custodian Banks’ Role as Securities Lending Agents Should Not Be Adversely Affected by Super 23A In addition to the custody-related credit extensions described above, the Custodian Banks also perform an important market function in acting as securities lending agents for our clients, including covered fund clients.

  • Securities Lending Agents NBF is a securities lending agent for the ETF pursuant to a securities lending agency agreement (the “NBF SLAA”).

Related to Securities Lending Agents

  • Securities lending or "securities borrowing" means a transaction by which a counterparty transfers securities subject to a commitment that the borrower will return equivalent securities on a future date or when requested to do so by the transferor, that transaction being considered as securities lending for the counterparty transferring the securities and being considered as securities borrowing for the counterparty to which they are transferred;

  • Securities Lending Agreement means an agreement under which a local agency agrees to transfer securities to a borrower who, in turn, agrees to provide collateral to the local agency. During the term of the agreement, both the securities and the collateral are held by a third party. At the conclusion of the agreement, the securities are transferred back to the local agency in return for the collateral.

  • Canadian Securities Administrators means the securities commission or other securities regulatory authority of each province and territory of Canada;

  • Registration Agent means the registration and paying agent appointed by the Mayor pursuant to the terms hereof, or any successor designated by the Governing Body.

  • Managing Agents is defined in the preamble.

  • Portfolio Securities or "investments" of the Series shall mean, respectively, such assets, net assets, securities, portfolio securities or investments which are from time to time under the management of the Subadviser pursuant to this Agreement.

  • BofA Securities means BofA Securities, Inc.

  • L/C Issuer means Bank of America in its capacity as issuer of Letters of Credit hereunder, or any successor issuer of Letters of Credit hereunder.

  • Canadian Securities Regulators means the applicable securities commission or securities regulatory authority in each of the Qualifying Jurisdictions;

  • Syndication Agents as defined in the preamble hereto.

  • Funding Agent or "agents" means an investment firm, trust bank, or other financial

  • Co-Syndication Agents as defined in the preamble hereto.

  • SEC issuer means an issuer that

  • Rule 144A Securities means all Initial Securities offered and sold to QIBs in reliance on Rule 144A.

  • Applicable Canadian Securities Laws means, collectively, and as the context may require, the applicable securities legislation of each of the provinces and territories of Canada, and the rules, regulations, instruments, orders and policies published and/or promulgated thereunder, as such may be amended from time to time prior to the Effective Date;

  • Securities Financing Transactions means repurchase agreements, reverse repurchase agreements, securities lending agreements and any other transactions within the scope of SFTR that a Fund is permitted to engage in;

  • Private Securities Transaction means any securities transaction relating to new offerings of securities which are not registered with the Securities and Exchange Commission, provided however that transactions subject to the notification requirements of Rule 3050 of the Financial Industry Regulatory Authority’s (FINRA) Conduct Rules, transactions among immediate family members (as defined in the interpretation of the FINRA Board of Governors on free-riding and withholding) for which no associated person receives any selling compensation, and personal securities transactions in investment company and variable annuity securities shall be excluded.

  • UBS shall have the meaning assigned to such term in the preamble to this Agreement.

  • Foreign Securities Depository means a foreign securities clearing system qualifying as an Eligible Securities Depository (as defined in Section (b)(1) of Rule 17f-7 under the 0000 Xxx) that is listed on Schedule B annexed hereto, as amended from time to time pursuant to Section 4.5 hereof.

  • Securities Financing Transactions Regulation means Regulation (EU) 2015/2365 of the European Parliament and of the Council of 25 November 2015 on transparency of securities financing transactions and of reuse and amending Regulation (EU) No 648/2012;

  • Serviced Companion Loan Securities Any commercial mortgage-backed securities that evidence an interest in or are secured by the assets of an Other Securitization Trust, which assets include a Serviced Companion Loan (or a portion thereof or interest therein).

  • securities financing transaction or 'SFT' means a repurchase transaction, a securities or commodities lending or borrowing transaction, or a margin lending transaction;

  • Co-Syndication Agent means each of Bank of America, N.A., Branch Banking and Trust Company and Xxxxx Fargo Bank, N.A. in its capacity as syndication agent for the credit facility evidenced by this Agreement.

  • Documentation Agents as defined in the preamble hereto.

  • Revolving Agent means the collateral agent (or the administrative agent acting as collateral agent) under any Revolving Credit Agreement, and its successors and assigns in such capacity and, from and after the execution of a Revolving Credit Substitute Facility, one or more other agents, collateral agents, trustees or similar contractual representatives for one or more holders of indebtedness or other Obligations evidenced thereunder or governed thereby and its successors and assigns in such capacity, but in no event shall any Obligor or Affiliate thereof be, or appoint, the Revolving Agent.

  • NIM Securities Any debt securities secured or otherwise backed by some or all of the Class X and Class P Certificates that are rated by one or more Rating Agencies.