No Collection Obligations. Bank shall be under no obligation or duty to take action to effect collection of, or be liable for, any amounts payable in respect of Securities or Approved Investments if such Securities or Approved Investments are in default, or if payment is refused after due demand and presentation.
Appears in 41 contracts
Samples: Securities Lending Authorization Agreement (IndexIQ Active ETF Trust), Securities Lending Authorization Agreement (IndexIQ Active ETF Trust), Securities Lending Authorization Agreement (Touchstone ETF Trust)
No Collection Obligations. The Bank shall be under no obligation or duty to take action to effect collection of, or be liable for, of any amounts payable in respect of Securities or Approved Investments if such Securities or Approved Investments are in default, or if payment is refused after due demand and presentation.
Appears in 19 contracts
Samples: Securities Lending Agency Agreement (MassMutual Advantage Funds), Securities Lending Agency Agreement (MML Series Investment Fund), Securities Lending Agency Agreement (MML Series Investment Fund II)
No Collection Obligations. Except as set forth in Section 5.1(d) above, Bank shall be under no obligation or duty to take action to effect collection of, or be liable for, of any amounts payable in respect of Securities or Approved Investments if such Securities or Approved Investments are in default, or if payment is refused after due demand and presentation.
Appears in 8 contracts
Samples: Securities Lending Agency Agreement (CDC Nvest Companies Trust I), Securities Lending Agency Agreement (CDC Nvest Funds Trust Iii), Securities Lending Agency Agreement (CDC Nvest Funds Trust Ii)
No Collection Obligations. The Bank shall be under no obligation ------------------------- or duty to take action to effect collection of, or be liable for, of any amounts payable in respect of Securities or Approved Investments if such Securities or Approved Investments are in default, or if payment is refused after due demand and presentation.
Appears in 4 contracts
Samples: Lending Agency Agreement (Ishares Trust), Securities Lending Agency Agreement (TCW Convertible Securities Fund Inc), Agency Agreement (Ishares Trust)
No Collection Obligations. Bank shall be under no obligation or duty to take action to effect collection of, or be liable for, any amounts payable in respect of Securities or Approved Investments if such Securities or Approved Investments are in km default, or if payment is refused after due demand and presentation.
Appears in 1 contract
Samples: Securities Lending Agreement (Bny Hamilton Funds Inc)
