No Collection Obligations. BTC shall be under no obligation or duty to take action to effect collection from the issuer of any amounts payable in respect of Securities or Approved Investments if the issuer of such Securities or Approved Investments is in default, or if payment is refused after due demand and presentation.
Appears in 40 contracts
Samples: Securities Lending Agency Agreement (BlackRock ETF Trust), Securities Lending Agency Agreement (BlackRock Funds III), Securities Lending Agency Agreement (iShares U.S. ETF Trust)
