State Street Non-Performance. (i) If State Street becomes aware of a situation where it has failed or intends to fail (or a Subcontractor has failed or intends to fail) to comply with the Service Levels, or otherwise with its other obligations under a Service Module in any material respect, State Street will promptly inform the applicable Authorized Person of such situation, the situation’s impact or expected impact and State Street’s action plan to minimize or eliminate such impact.
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Samples: Master Services Agreement (iShares U.S. ETF Trust), Master Services Agreement (iSHARES INC), Master Services Agreement (iSHARES TRUST)
State Street Non-Performance. (i) If State Street becomes aware of a situation where it has failed or intends to fail (or a Subcontractor has failed or intends to fail) to comply with the Service Levels, or otherwise with its other obligations under a Service Module in any material respect, State Street will promptly inform the applicable Authorized Person of such situation, the situation’s 's impact or expected impact and State Street’s 's action plan to minimize or eliminate such impact.
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Samples: Master Services Agreement (iShares MSCI Russia Capped Index Fund, Inc.)