Borrower Default. In the event of default by an Approved Borrower with respect to any loan entered into pursuant to a SLA, BBH&Co. will take such actions as are set forth in the applicable SLA. In addition, the following provisions shall apply.
Appears in 6 contracts
Samples: Securities Lending Agency Agreement (American Beacon Funds), Securities Lending Agency Agreement (Japan Fund Inc), Securities Lending Agency Agreement (Touchstone Strategic Trust)
Borrower Default. In the event of default by an Approved Borrower a Default Event, as defined below, with respect to any loan entered into pursuant to a SLA, BBH&Co. will take such actions as are set forth in the applicable SLA. In addition, the following provisions shall apply.
Appears in 4 contracts
Samples: Securities Lending Agency Agreement (Touchstone Funds Group Trust), Securities Lending Agency Agreement (Touchstone Investment Trust), Securities Lending Agency Agreement (Touchstone Strategic Trust)
Borrower Default. In the event of default Default by an Approved Borrower with respect to any loan entered into pursuant to a SLA, BBH&Co. will take such actions as are set forth in the applicable SLA. In addition, the following provisions shall apply.:
Appears in 1 contract
Samples: Securities Lending Agency Agreement (Krane Shares Trust)
Borrower Default. In the event of a default by an Approved Borrower with respect to any loan Loan entered into pursuant to a an SLA, BBH&Co. will take such actions as are set forth in the applicable SLA. In addition, the following provisions shall apply.; provided, that in no event shall BBH&Co. be responsible for any shortfall in Collateral that results from any act or omission (including insolvency) of the Fund’s custodian or a Tri-Party Institution:
Appears in 1 contract
Samples: Securities Lending Agency Agreement (Catholic Responsible Investments Funds)
