Transactions in Foreign Custody Accounts. Subject to the provisions of Section 12 above, transactions with respect to the assets of a BTC Recipient held by an Eligible Foreign Custodian shall be effected in accordance with the applicable agreement between State Street as Foreign Custody Manager and such Eligible Foreign Custodian. If at any time any Foreign Portfolio Securities of a BTC Recipient shall be registered in the name of a nominee of the Eligible Foreign Custodian or a nominee affiliated with State Street, such BTC Recipient agrees to hold any such nominees harmless from any liability by reason of the registration of such securities in the name of such nominee to the same extent that State Street is required to indemnify such nominee.
Appears in 9 contracts
Samples: Service Module for Custodial Services (iShares U.S. ETF Trust), Service Module for Custodial Services (iShares U.S. ETF Company, Inc.), Service Module for Custodial Services (iShares U.S. ETF Trust)
Transactions in Foreign Custody Accounts. Subject to the provisions of Section 12 above, transactions with respect to the assets of a BTC BFA Recipient held by an Eligible Foreign Custodian shall be effected in accordance with the applicable agreement between State Street as Foreign Custody Manager and such Eligible Foreign Custodian. If at any time any Foreign Portfolio Securities of a BTC BFA Recipient shall be registered in the name of a nominee of the Eligible Foreign Custodian or a nominee affiliated with State Street, such BTC BFA Recipient agrees to hold any such nominees harmless from any liability by reason of the registration of such securities in the name of such nominee to the same extent that State Street is required to indemnify such nominee.
Appears in 3 contracts
Samples: Service Module for Custodial Services (iShares U.S. ETF Trust), Service Module for Custodial Services (iSHARES INC), Service Module for Custodial Services (iSHARES TRUST)
Transactions in Foreign Custody Accounts. Subject to the provisions of Section 12 above, transactions with respect to the assets of a BTC BGI Recipient held by an Eligible Foreign Custodian shall be effected in accordance with the applicable agreement between State Street as Foreign Custody Manager and such Eligible Foreign Custodian. If at any time any Foreign Portfolio Securities of a BTC BGI Recipient shall be registered in the name of a nominee of the Eligible Foreign Custodian or a nominee affiliated with State Street, such BTC BGI Recipient agrees to hold any such nominees harmless from any liability by reason of the registration of such securities in the name of such nominee to the same extent that State Street is required to indemnify such nominee.
Appears in 1 contract
Samples: Service Module for Custodial Services (iShares MSCI Russia Capped Index Fund, Inc.)
