Collateral Substitutions. BTC may accept substitutions of Collateral in accordance with the applicable Securities Lending Agreement and the Securities Lending Guidelines and shall credit all such substitutions to the Collateral Account; provided, however, that unless other Collateral has been mutually agreed upon in writing by BTC and the Fund (including by means of the Securities Lending Guidelines), no other Collateral may be substituted for Cash Collateral.
Appears in 40 contracts
Samples: Securities Lending Agency Agreement (BlackRock ETF Trust), Securities Lending Agency Agreement (BlackRock Funds III), Securities Lending Agency Agreement (iShares U.S. ETF Trust)
