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 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 Funds Trust I), Securities Lending Agency Agreement (Loomis Sayles Funds Ii), Securities Lending Agency Agreement (CDC Nvest Funds Trust 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 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 2 contracts
Samples: Securities Lending Agency Agreement (CDC Nvest Funds Trust I), Securities Lending Agency Agreement (CDC Nvest Funds Trust Iii)
No Collection Obligations. Except as set forth in Section 5.1(d) above4.10, elsewhere herein, the Bank shall be under no obligation or duty to take action to effect collection 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 1 contract
Samples: Securities Lending Agency Agreement (Glenmede Fund Inc)
