Collateral Investment Risk. Any such investment shall be at the sole risk of a Participating Fund. Any income or gains and losses from investing and reinvesting any cash Collateral delivered by a Borrower pursuant to an MSLA shall be at the Participating Fund's risk, and the Participating Fund agrees that to the extent any such losses reduce the amount of cash below the amount required to be returned to the Borrower upon the termination of any loan, the Participating Fund will, on demand of Lending Agent, immediately pay or cause to be paid to such Borrower an equivalent amount in cash.
Appears in 6 contracts
Samples: Securities Lending Agency Agreement (Wells Fargo Funds Trust), Securities Lending Agency Agreement (Wells Fargo Master Trust), Securities Lending Agency Agreement (Wells Fargo Variable Trust)
