EX-99.(H)(2)(D) 3 abssiaif-html1220_ex99h2d.htm THIRD AMENDMENT TO SECURITIES LENDING AGENCY AGREEMENT BETWEEN THE AMERICAN BEACON FUNDS AND STATE STREET BANK AND TRUST COMPANY, DATED DECEMBER 31, 2018

Exhibit 99.(h)(2)(D)

 

THIRD AMENDMENT TO

SECURITIES LENDING AUTHORIZATION AGREEMENT

BETWEEN

AMERICAN BEACON FUNDS AND AMERICAN BEACON INSTITUTIONAL FUNDS TRUST, EACH ON BEHALF OF ITS RESPECTIVE SERIES, AS LISTED ON SCHEDULE B

AND

STATE STREET BANK AND TRUST COMPANY

 

  This Third Amendment (this “Amendment”) dated December 31, 2018 is between each AMERICAN BEACON investment company listed on Schedule B (each, a “Trust”), severally and not jointly, each acting solely on behalf of its series listed on Schedule B, severally and not jointly (a Trust acting on behalf of one of its series, a “Fund,” and the Trusts acting on behalf of their respective series, collectively, the “Funds”), and STATE STREET BANK AND TRUST COMPANY, acting either directly or through any State Street affiliates (collectively “State Street”).

 

  Reference is made to a Securities Lending Authorization Agreement dated the 16th day of February 2017, as in effect immediately prior to the date of this Amendment Street (the “Agreement”), between the Funds and State Street.

 

  WHEREAS, the Trust and State Street desire to amend the Agreement as set forth below.

 

  NOW, THEREFORE, for value received, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties mutually agree to amend the Agreement as follows:

 

1.       Definitions. All capitalized terms used herein and not otherwise defined shall have the meanings set forth in the Agreement.

 

2.       Amendment.

Schedule B to the Agreement is hereby amended by deleting it in its entirety and replacing it with the revised Schedule B attached to this Amendment.

 

Schedule C to the Agreement is hereby amended by deleting it in its entirety and replacing it with the revised Schedule C attached to this Amendment.

 

3.       Representations and Warranties. Each party hereto represents and warrants that (a) it has the power to execute and deliver this Amendment, to enter into the transactions contemplated hereby, and to perform its obligations hereunder; (b) it has taken all necessary action to authorize such execution, delivery, and performance; (c) this Amendment constitutes a legal, valid and binding obligation enforceable against it; and (d) the execution, delivery, and performance by it of the Agreement will at all times comply with all applicable laws and regulations. Each of American Beacon Institutional Funds Trust and American Beacon Funds represents and warrants it has taken all necessary action to join the Agreement and that the Agreement, as amended hereby, is a legal, valid and binding Agreement enforceable per its terms and further makes each representations and warranty made by a Fund included in the Agreement.

 

 

 4.       Governing Law; Miscellaneous. This Amendment shall be governed and construed in accordance with the governing law of the Agreement. Except to the extent specifically amended by this Amendment, the provisions of the Agreement shall remain unmodified, and the Agreement is ratified and affirmed as being in full force and effect. This Amendment may be executed in any number of counterparts, each of which shall be deemed to be an original, but such counterparts, together, constitute only one (1) instrument.

 

5.       Effective Date. This Amendment shall be effective as of the date first written above.

 

IN WITNESS WHEREOF, the parties hereto execute this Third Amendment by affixing their duly authorized signatures below.

 

EACH TRUST, acting solely on behalf of each  of its respective series as listed on Schedule B, severally and not jointly  

STATE STREET BANK AND TRUST COMPANY

 

By: /s/ Paul B. Cavazos   By: /s/ Betsy J. Coyne
Name: Paul B. Cavazos   Name: Betsy J Coyne
Title: Vice President   Title: Managing Director
 

 

 Amended and Restated

Schedule B

 

This Amended and Restated Schedule is attached to and made part of the Securities Lending Authorization Agreement dated the 16th day of February 2017 between each AMERICAN BEACON investment company listed on Schedule B (each, a “Trust”), severally and not jointly, each acting solely on behalf of its series listed on Schedule B, severally and not jointly (a Trust acting on behalf of one of its series, a “Fund,” and the Trusts acting on behalf of their respective series, collectively, the “Funds”), and STATE STREET BANK AND TRUST COMPANY acting either directly or through any State Street Affiliates (collectively, “State Street”).

 

List of Trusts and Funds

 

Trust Name and Jurisdiction Fund Name Taxpayer Identification Number Fiscal Year End
American Beacon Funds, a Massachusetts business trust American Beacon Balanced Fund 75-2161800 31-Oct
American Beacon Funds, a Massachusetts business trust American Beacon Large Cap Value Fund 75-2161801 31-Oct
American Beacon Funds, a Massachusetts business trust American Beacon Mid-Cap Value Fund 20-1231418 31-Oct
American Beacon Funds, a Massachusetts business trust American Beacon Small Cap Value Fund 75-2791825 31-Oct
American Beacon Funds, a Massachusetts business trust American Beacon Bridgeway Large Cap Value Fund 87-0709984 31-Dec
American Beacon Funds, a Massachusetts business trust American Beacon Bridgeway Large Cap Growth Fund 87-0709982 31-Dec
American Beacon Funds, a Massachusetts business trust American Beacon HSMP Quality Growth Fund 39-1847726 31-Dec
American Beacon Funds, a Massachusetts business trust American Beacon Stephens Mid-Cap Growth Fund 20-3787613 31-Dec
American Beacon Funds, a Massachusetts business trust American Beacon Stephens Small Cap Growth Fund 20-3541234 31-Dec
American Beacon Funds, a Massachusetts business trust American Beacon Bahl & Gaynor Small Cap Growth Fund 47-0984282 31-Dec
American Beacon Funds, a Massachusetts business trust American Beacon Zebra Small Cap Equity Fund 27-2501754 31-Aug
 

 

Trust Name and Jurisdiction Fund Name Taxpayer Identification Number Fiscal Year End
American Beacon Funds, a Massachusetts business trust American Beacon The London Company Income Equity Fund 45-4621832 31-Aug
American Beacon Funds, a Massachusetts business trust American Beacon International Equity Fund 75-2401150 31-Oct
American Beacon Funds, a Massachusetts business trust American Beacon Acadian Emerging Markets Managed Volatility Fund 46-3134954 31-Jan
American Beacon Funds, a Massachusetts business trust American Beacon SGA Global Growth Fund 27-3800477 31-Jan
American Beacon Funds, a Massachusetts business trust American Beacon ARK Transformational Innovation Fund 81-4595263 30-Jun
American Beacon Funds, a Massachusetts business trust American Beacon Alpha Quant Core Fund 81-4775682 30-Jun
American Beacon Funds, a Massachusetts business trust American Beacon Alpha Quant Dividend Fund 81-4834891 30-Jun
American Beacon Funds, a Massachusetts business trust American Beacon Alpha Quant Quality Fund 81-4842077 30-Jun
American Beacon Funds, a Massachusetts business trust American Beacon Alpha Quant Value Fund 81-4871086 30-Jun
American Beacon Funds, a Massachusetts business trust American Beacon Shapiro Equity Opportunities Fund 82-2094363    30-Jun
American Beacon Funds, a Massachusetts business trust American Beacon Shapiro SMID Cap Equity Fund                82-2098235 30-Jun
American Beacon Institutional Funds Trust, a Delaware business trust American Beacon Diversified  Fund 81-4879015 31-Oct
American Beacon Funds, a Massachusetts business trust American Beacon Tocqueville International Value Fund 13-3771781 31-Oct
American Beacon Funds, a Massachusetts business trust American Beacon Continuous Capital Emerging Markets Value Fund 83-1336476 31-Jan
 

 

 Schedule C

 

This Amended and Restated Schedule is attached to and made part of the Securities Lending Authorization Agreement dated the 16th day of February 2017 between each AMERICAN BEACON investment company listed on Schedule B (each, a “Trust”), severally and not jointly, each acting solely on behalf of its series listed on Schedule B, severally and not jointly (a Trust acting on behalf of one of its series, a “Fund,” and the Trusts acting on behalf of their respective series, collectively, the “Funds”), and STATE STREET BANK AND TRUST COMPANY acting either directly or through any State Street Affiliates (collectively, “State Street”).

 

Australia  
  Australia and New Zealand Banking Group Ltd.
  Citigroup Global Markets Australia Pty Limited  
  Commonwealth Bank of Australia  
  Credit Suisse Equities (Australia) Limited  
  Deutsche Capital Markets Australia Ltd.
  Deutsche Securities Australia Ltd.
  J.P. Morgan Securities Australia Limited  
  MacQuarie Bank Ltd.
  Merrill Lynch Equities (Australia) Limited  
  Morgan Stanley Australia Securities Limited  
  National Australia Bank Limited  
  Royal Bank of Canada (Sydney Branch)  
  UBS AG (Sydney Branch)  
  Westpac Banking Corporation  
Canada  
  Bank of Montreal  
  Bank of Nova Scotia  
  BMO Nesbitt Burns Inc.
  Canadian Imperial Bank of Commerce  
  CIBC World Markets Inc.
  HSBC Securities (Canada) Inc.
  Merrill Lynch Canada Inc.
  National Bank Financial Inc.
  National Bank of Canada  
  Ontario Teachers’ Pension Plan Board  
  Public Sector Pension Investment Board  
  RBC Dominion Securities Inc.
  Royal Bank of Canada  
  Scotia Capital Inc.
  Societe Generale (Canada Branch)  
  State Street Bank & Trust Co. (Canada Branch) (ECM)  
  TD Securities Inc.
  The Bank of Nova Scotia (Toronto)  
  Toronto-Dominion Bank  
 

 

Denmark  
  Danske Bank A/S  
France  
  BNP Paribas (Paris Branch)  
  BNP Paribas Arbitrage SNC  
  BNP Paribas SA  
  Natixis  
  SG Options Europe  
  Societe Generale SA  
Germany  
  Commerzbank AG  
  Deutsche Bank AG  
  SEB AG (Frankfurt Branch)  
Ireland  
  Bank of Montreal Ireland PLC  
Netherlands  
  ABN AMRO Bank N.V.
  Cooperatieve Centrale Raiffeisen-Boerenleenbank BA (Rabobank Nederland)  
  ING Bank NV  
Sweden  
  Skandinaviska Enskilda Banken  
Switzerland  
  UBS AG  
U.K.  
  Abbey National Treasury Services plc  
  Bank of Nova Scotia (London Branch)  
  Barclays Bank plc  
  Barclays Capital Securities Limited  
  BMO Capital Markets Limited  
  BNP Paribas (London Branch)  
  Canadian Imperial Bank of Commerce (London Branch)  
  Citigroup Global Markets Limited  
  Commerzbank AG (London Branch)  
  Credit Suisse Securities (Europe) Limited.
  Daiwa Capital Markets Europe Limited  
  Deutsche Bank AG (London Branch)  
  Goldman Sachs International  
  HSBC Bank plc  
  ING Bank N.V. (London Branch)  
  Jefferies International Ltd.
  JP Morgan Securities PLC  
  Lloyds Bank PLC  
  MacQuarie Bank Ltd. (London Branch)  
  Merrill Lynch International  
  Mizuho International Plc  
  Morgan Stanley & Co. International plc.
  Nomura International PLC  
 

 

  Rabobank Nederland  
  RBC Europe Limited  
  Scotiabank Europe PLC  
  Societe Generale SA (London Branch)  
  Standard Chartered Bank  
  State Street Bank GMBH (London Branch)  
  UBS AG (London Branch)  
  UBS Limited  
  Santander UK PLC
  Lloyds Bank Corporate Markets PLC
U.S.  
  Abbey National Treasury Services Plc (US Branch)  
  Bank of Nova Scotia (Houston Branch)  
  Bank of Nova Scotia (New York Branch)  
  Barclays Capital Inc.
  BMO Capital Markets Corp.
  BNP Paribas (New York Branch)  
  BNP Paribas Prime Brokerage, Inc.
  BNP Paribas Securities Corporation  
  Charles Schwab & Co Inc.
  CIBC World Markets Corp.
  Citigroup Global Markets Inc.
  Commerz Markets LLC  
  Credit Agricole Corporate and Investment Bank (New York Branch)  
  Credit Suisse Securities (USA) LLC  
  Daiwa Capital Markets America Inc.
  Deutsche Bank Securities Inc.
  Goldman Sachs & Co.
  HSBC Securities (USA) Inc.
  Industrial and Commercial Bank of China Financial Services LLC  
  ING Financial Markets LLC  
  Janney Montgomery Scott LLC  
  Jefferies LLC  
  JP Morgan Securities LLC.
  MacQuarie Capital (USA) Inc.
  Merrill Lynch, Pierce, Fenner & Smith, Inc.
  Mitsubishi UFJ Securities (USA) Inc.
  Mizuho Securities USA Inc.
  Morgan Stanley & Co. LLC  
  National Financial Services LLC.
  Natixis Securities Americas, LLC  
  Nomura Securities International Inc.
  Raymond James & Associates, Inc.
  RBC Capital Markets, LLC  
  RBS Securities Inc.
  Sanford C. Bernstein & Co., LLC  
  Scotia Capital (USA) Inc.
 

 

  SG Americas Securities LLC  
  Societe Generale SA (NY Branch)  
  State Street Bank & Trust Company  
  State Street Corporation  
  TD Ameritrade Clearing Inc.
  TD Securities (USA) LLC  
  UBS Securities LLC  
  Wells Fargo Bank National Association  
  Wells Fargo Securities, LLC  
  Banco Santander, S.A. (NY Branch)
  BofAML Securities, Inc.