Securities Lending Agreement definition

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.

Securities Lending Agreement means with respect to any Borrower, the agreement pursuant to which BTC lends securities on behalf of its customers (including the Fund) to such Borrower, as amended from time to time, which agreement shall meet any applicable requirements in the Securities Lending Guidelines. The Securities Lending Agreement may be in the form of a master agreement covering a series of Securities lending transactions from multiple lenders, including the Company.

Securities Lending Agreement means the securities lending authorization dated as of September 15, 2016, among the Company, CIBC Mellon Global Securities Company, CIBC Mellon Trust Company and the Securities Lending Agents to provide securities lending services relating to the Portfolio.

Examples of Securities Lending Agreement in a sentence

• Copies of the documents comprising the Securities Lending Agreement are available upon request and prospective investors in the Notes must read such documents for detailed information regarding the terms of the Securities Lending Agreement.

• The following description is a summary of certain provisions of the Securities Lending Agreement and does not purport to be complete.

• Capitalized terms used but not defined herein shall have the meaning assigned to them in the applicable Securities Lending Agreement.

• Neither party to the Securities Lending Agreement is permitted to charge, assign or otherwise deal with all or any of its rights or obligations without the prior consent of the other party, subject to certain limited exceptions.

• All transfer taxes and necessary costs with respect to the transfer of the loaned Securities by the Fund to the Borrower and the Borrower to the Fund upon the termination of the loan shall be paid by the Borrower in accordance with the applicable Securities Lending Agreement.

More Definitions of Securities Lending Agreement

Securities Lending Agreement means with respect to any Borrower, the agreement pursuant to which BGI lends securities on behalf of its customers (including the Fund) to such Borrower, as amended from time to time, which agreement shall meet any applicable requirements in the Securities Lending Guidelines. The Securities Lending Agreement may be in the form of a master agreement covering a series of Securities lending transactions from multiple lenders, including the Trust.

Securities Lending Agreement means a securities lending agreement entered into between the Issuer and a Securities Lending Counterparty.

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

Securities Lending Agreement means that securities lending authorization agreement between State Street Bank and Trust Company and the Trust, on behalf of its series listed on Schedule B thereto (including the Funds), dated January 23, 2013, as it may be amended from time to time.

Securities Lending Agreement means the securities lending agreement (if any) entered into by the Issuer in relation to a Series on the basis of the Securities Lending Terms and a Confirmation (as defined therein) scheduled to the Issue Deed.

Securities Lending Agreement means an agreement which satisfies the Agreed Criteria, whereby the Issuer agrees to the transfer by it of its interest in a Debt Security held in the Portfolio and the subsequent transfer to it of an equivalent Debt Security;

Securities Lending Agreement means an agreement under which a local agency agrees to transfer securities to a borrower who, in