Borrower Default. In the event of a default by a Borrower with respect to any loan entered into pursuant to an MSLA, Lending Agent shall exercise its best judgment to pursue such remedies on behalf of the Participating Funds as Lending Agent is entitled to pursue under the applicable MSLA.
Appears in 6 contracts
Samples: Securities Lending Agency Agreement (Wells Fargo Master Trust), Securities Lending Agency Agreement (Wells Fargo Funds Trust), Securities Lending Agency Agreement (Wells Fargo Funds Trust)