Common use of Corporate Actions and Income Collection Clause in Contracts

Corporate Actions and Income Collection. 2.1 We shall use reasonable endeavours to obtain information concerning the securities which requires discretionary action by you including but not limited to subscription rights, bonus issues, stock repurchase plans and rights offering, or legal notices or other material intended to be transmitted to securities holders (“Corporate Actions”) and we will use reasonable endeavours to give you a notice of such Corporate Actions to the extent that we have actual knowledge of a Corporate Action in time of notification to you. 2.2 Corporate Actions notices dispatched to you may have been obtained from sources which we do not control and may have been translated or summarized. Although we may believe that such sources to be reliable, we have no duty to verify the information contained in such notices nor faithfulness of any translation or summary and therefore do not guarantee its accuracy, completeness or timeliness, and we shall not be liable to you for any loss that may result from relying on such notices. 2.3 Details of the proxy voting Services offered by us are available on your request only. Neither we nor our sub-custodians or nominees shall execute any form of proxy, or give any consent or to take any actions, in relation to any securities except upon your instruction. 2.4 Until we receive your instructions to the contrary we are authorized to and shall: 2.4.1 present, upon notice to us, all securities called for redemption or otherwise matured, and all income and interest coupons and other income items which call for payment upon presentation; 2.4.2 execute certificates and documents as may be required to obtain payment in respect of securities. 2.5 We will credit your account with income and redemption proceeds only after actual receipts. Neither we nor our sub-custodians shall be obliged to institute legal proceedings, file a claim or proof of claim in any insolvency proceeding or take any action with respect to collection of income or redemptions proceeds.

Corporate Actions and Income Collection. 2.1 We 3.1. BCS shall use reasonable endeavours endeavors to obtain information concerning the securities which requires discretionary action by you the Client including but not limited to subscription rights, bonus issues, stock repurchase plans and rights offering, or legal notices or other material intended to be transmitted to securities holders (“'Corporate Actions”') and we BCS will use reasonable endeavours endeavors to give you the Client a notice of such Corporate Actions to the extent that we have BCS has actual knowledge of a Corporate Action in time of notification to youthe Client. 2.2 3.2. Corporate Actions notices dispatched to you the Client may have been obtained from sources which we do BCS does not control and may have been translated or summarized. Although we BCS may believe that such sources to be reliable, we have BCS has no duty to verify the information contained in such notices nor faithfulness of any translation or summary and therefore do does not guarantee its accuracy, completeness or timeliness, and we BCS shall not be liable to you the Client for any loss that may result from relying on such notices. 2.3 3.3. Details of the proxy voting Services offered by us BCS are available on your request only. Neither we BCS nor our its sub-custodians or nominees shall execute any form of proxy, or give any consent or to take any actions, in relation to any securities except upon your client instruction. 2.4 3.4. Until we receive your BCS receives instructions from the Client to the contrary we are BCS is authorized to and shall: 2.4.1 3.4.1. present, upon notice to usBCS, all securities called for redemption or otherwise matured, and all income and interest coupons and other income items which call for payment upon presentation; 2.4.2 3.4.2. execute certificates and documents as may be required to obtain payment in respect of securities. 2.5 We 3.5. BCS will credit your Client’s account with income and redemption proceeds only after actual receipts. Neither we BCS nor our sub-its sub- custodians shall be obliged to institute legal proceedings, file a claim or proof of claim in any insolvency proceeding or take any action with respect to collection of income or redemptions proceeds.