Monitoring Securities Depositories. State Street will: (a) provide the BTC Recipient (or its duly-authorized investment manager or investment advisor) with an analysis of the custody risks associated with maintaining Foreign Assets with any Eligible Securities Depository in accordance with Rule 17f-7(a)(1)(i)(A); and (b) monitor such risks on a continuing basis, and promptly notify the BTC Recipient (or its duly-authorized investment manager or investment advisor) of any material change in such risks.
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Samples: Custodial Services (iShares U.S. ETF Trust), iShares U.S. ETF Trust, iShares U.S. ETF Company, Inc.
Monitoring Securities Depositories. State Street will: (a) provide the BTC BGI Recipient (or its duly-authorized investment manager or investment advisor) with an analysis of the custody risks associated with maintaining Foreign Assets with any Eligible Securities Depository in accordance with Rule 17f-7(a)(1)(i)(A); and (b) monitor such risks on a continuing basis, and promptly notify the BTC BGI Recipient (or its duly-authorized investment manager or investment advisor) of any material change in such risks.
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