Common use of Exit Procedure Clause in Contracts

Exit Procedure. Following the delivery of the notice of termination, the parties shall cooperate in the termination of Loans and the disposition of investments of Cash Collateral in a manner to minimize the risk to the parties.

Appears in 6 contracts

Samples: Securities Lending Agreement (Eq Advisors Trust), Securities Lending Agreement, Non Custodial Securities Lending Agreement (Brighthouse Funds Trust II)

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Exit Procedure. Following the delivery of the notice of termination, the parties shall cooperate in the termination of Loans and the disposition of investments of Cash Collateral in a manner to minimize the risk to the parties. Termination will not affect any of the liabilities either party owes to the other arising under this Agreement prior to such termination.

Appears in 1 contract

Samples: Securities Lending Agreement (Proshares Trust)

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