Monitoring and Crediting. The Custodian will use reasonable efforts to monitor and collect on a timely basis, in accordance with Local Market Practice, all income and other payments to which the Client is entitled in respect of the Securities held under this Agreement and Securities on loan through the securities lending program sponsored by the Custodian or its Affiliates. The Custodian will credit such amounts to the Cash Account of the Client as received, except where Contractual Settlement applies.
Monitoring and Crediting. State Street will use commercially reasonable efforts to monitor and collect on a timely basis, in accordance with Local Market Practice, all income and other payments to which the Client is entitled in respect of the Securities held under this Agreement and Securities on loan through the securities lending program sponsored by State Street or its Affiliates. State Street will credit such amounts to the Cash Account of the Client as received, except where Contractual Settlement applies. State Street will use commercially reasonable efforts to contact appropriate parties to collect unpaid interest or dividends and promptly notify the Client of the late payment. Information Classification: Limited Access
