EX-99.(H)(3)(H) 3 abf-html5779_ex99h3h.htm SEVENTH AMENDMENT TO SECURITIES LENDING AUTHORIZATION AGREEMENT BETWEEN THE AMERICAN BEACON FUNDS AND STATE STREET BANK AND TRUST COMPANY, DATED NOVEMBER 29, 2022

Exhibit 99.(h)(3)(H)

 

SEVENTH 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 Seventh Amendment (this “Amendment”) dated November 29, 2022 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.       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.

 

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

 

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.

 

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 Seventh 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/ Francesco Squillacioti
Name: Paul B. Cavazos   Name: Francesco Squillacioti
Title: Vice President   Title: Senior 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 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 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 Zebra Small Cap Equity Fund 27-2501754 31-Aug
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 ARK Transformational Innovation Fund 81-4595263 30-Jun
 

 

Trust Name and Jurisdiction Fund Name Taxpayer Identification Number Fiscal Year End
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