Loans to Affiliated Borrowers. The Trust and BGI have obtained an exemptive order from the Securities and Exchange Commission that permits BGI 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. BGI 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 5 contracts
Samples: Securities Lending Agency Agreement (Master Investment Portfolio), Securities Lending Agency Agreement (Barclays Global Investors Funds), Securities Lending Agency Agreement (BlackRock Funds III)
Loans to Affiliated Borrowers. The Trust Company and BGI have obtained an exemptive order from the Securities and Exchange Commission that permits BGI 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. BGI 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 4 contracts
Samples: Securities Lending Agency Agreement (iSHARES TRUST), Securities Lending Agency Agreement (iSHARES INC), Securities Lending Agency Agreement (iSHARES INC)
Loans to Affiliated Borrowers. The Trust Client and BGI have obtained an exemptive order from the Securities and Exchange Commission that permits BGI to lend Securities securities on behalf of the Funds Lenders to Affiliated Borrowers, provided that such loans are made in accordance with the conditions and procedures outlined in the exemptive order. BGI 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 3 contracts
Samples: Securities Lending Agency Agreement (Barclays Global Investors Funds), Securities Lending Agency Agreement (Master Investment Portfolio), Letter Agreement (Ishares Trust)
