Borrowing and Lending Instructions. Each Fund shall provide the Interfund Lending Committee with standing instructions as to its desire to act as a Borrower when and if such Fund has borrowing needs (“Borrowing Instructions”) and each Invesco Fund shall provide the Interfund Lending Committee with standing instructions as to its desire to act as a Lender when such Invesco Fund has uninvested cash balances (“Lending Instructions”). A Fund may not be a Borrower and a Lender at the same time. The Funds may revoke or change Borrowing or Lending Instructions by notifying the Interfund Lending Committee.
Appears in 2 contracts
Sources: Interfund Lending Agreement (Aim Counselor Series Trust (Invesco Counselor Series Trust)), Interfund Lending Agreement (Aim International Mutual Funds (Invesco International Mutual Funds))