Use of Third-Party Service Providers. The Trust on behalf of each Fund hereby acknowledges and agrees that BGI may utilize third-party service providers to perform or analyze the functions described herein, including service providers in which BGI may have an ownership interest. As permitted by Section 5.8 below, these services may require the transmission, use or sharing of data created in Securities lending transactions involving the Funds. BGI shall bear the cost of any such service providers out of its portion of the proceeds from Securities lending.
Appears in 5 contracts
Samples: Securities Lending Agency Agreement (Master Investment Portfolio), Securities Lending Agency Agreement (Barclays Global Investors Funds), Securities Lending Agency Agreement (BlackRock Funds III)
Use of Third-Party Service Providers. The Trust Company on behalf of each Fund hereby acknowledges and agrees that BGI may utilize third-party service providers to perform or analyze the functions described herein, including service providers in which BGI may have an ownership interest. As permitted by Section 5.8 below, these services may require the transmission, use or sharing of data created in Securities lending transactions involving the Funds. BGI shall bear the cost of any such service providers out of its portion of the proceeds from Securities lending.
Appears in 4 contracts
Samples: Securities Lending Agency Agreement (iSHARES TRUST), Securities Lending Agency Agreement (iSHARES INC), Securities Lending Agency Agreement (iSHARES INC)
