Common use of Loans to Affiliated Borrowers Clause in Contracts

Loans to Affiliated Borrowers. The Company and BTC have obtained an exemptive order from the Securities and Exchange Commission that permits BTC to lend Securities on behalf of the Funds to Affiliated Borrowers, provided that such loans are made in accordance with the conditions and procedures outlined in the exemptive order. BTC shall only make loans to Affiliated Borrowers in accordance with such conditions and procedures, as they may be amended from time to time, and only so long as they remain applicable, and in accordance with the Securities Lending Guidelines.

Appears in 31 contracts

Samples: Securities Lending Agency Agreement (iShares U.S. ETF Trust), Securities Lending Agency Agreement (iShares, Inc.), Securities Lending Agency Agreement (iSHARES TRUST)

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Loans to Affiliated Borrowers. The Company Client and BTC have obtained an exemptive order from the Securities and Exchange Commission that permits BTC to lend Securities on behalf of the Funds to Affiliated Borrowers, provided that such loans are made in accordance with the conditions and procedures outlined in the exemptive order. BTC shall only make loans to Affiliated Borrowers in accordance with such conditions and procedures, as they may be amended from time to time, and only so long as they remain applicable, and in accordance with the Securities Lending Guidelines.

Appears in 7 contracts

Samples: Securities Lending Agency Agreement (BlackRock ETF Trust), Securities Lending Agency Agreement (BlackRock Funds III), Securities Lending Agency Agreement (Blackrock Funds)

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Loans to Affiliated Borrowers. The Company Trust and BTC have obtained an exemptive order from the Securities and Exchange Commission that permits BTC to lend Securities on behalf of the Funds to Affiliated Borrowers, provided that such loans are made in accordance with the conditions and procedures outlined in the exemptive order. BTC shall only make loans to Affiliated Borrowers in accordance with such conditions and procedures, as they may be amended from time to time, and only so long as they remain applicable, and in accordance with the Securities Lending Guidelines.

Appears in 2 contracts

Samples: Securities Lending Agency Agreement (Master Investment Portfolio), Securities Lending Agency Agreement (Master Investment Portfolio)

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