Business Trust. With respect to a Client which is a business trust, the Lending Agent acknowledges and agrees that this Agreement is executed by such Client on behalf of the trustees of such Client as trustees and not individually; and no trustee, shareholder, officer, employee or agent of such business trust shall be held to any personal liability, nor shall resort be had to their property (other than the applicable trust property) for the satisfaction of the Client’s obligations under this Agreement, and such obligations are binding only upon the applicable trust property held by such trustee.
Appears in 30 contracts
Samples: Securities Lending Agency Agreement (BlackRock Series Fund II, Inc.), Securities Lending Agency Agreement (Blackrock Debt Strategies Fund, Inc.), Securities Lending Agency Agreement (Blackrock Floating Rate Income Trust)
Business Trust. With respect to a Client which is a business trust, the Lending Agent acknowledges and agrees that this Agreement is executed by such Client on behalf of the trustees of such Client as trustees and not individually; and no trustee, shareholder, officer, employee or agent of such business trust shall be held to any personal liability, nor shall resort be had to their property (other than the applicable trust property) for the satisfaction of the Client’s obligations under this Agreement, and such obligations are binding only upon the applicable trust assets and property held by of such trusteeClient.
Appears in 22 contracts
Samples: Lending Agency Agreement, Tender and Paying Agent Agreement (Blackrock Muniyield New Jersey Fund, Inc.), VRDP Shares Purchase Agreement (Blackrock Municipal Income Investment Trust)
Business Trust. With respect to a Client which is a business trust, the Lending Agent acknowledges and agrees that this Agreement is executed by such Client on behalf of the trustees of such Client as trustees and not individually; : and no trustee, shareholder, officer, employee or agent of such business trust shall be held to any personal liability, nor shall resort be had to their property (other than the applicable trust property) for the satisfaction of the Client’s obligations under this Agreement, and such obligations are binding only upon the applicable trust assets and property held by of such trusteeClient.
Appears in 3 contracts
Samples: Securities Lending Agency Agreement (BlackRock Multi-Sector Opportunities Trust II), Securities Lending Agency Agreement (BlackRock Fixed Income Value Opportunities II), Securities Lending Agency Agreement (BlackRock 2022 Global Income Opportunity Trust)
Business Trust. With respect to a Client which is a business trust, the Lending Agent acknowledges and agrees that this Agreement is executed by such Client on behalf of the trustees of such Client as trustees and not individually; and no trustee, shareholder, officer, employee or agent of such business trust shall be held to any personal liability, nor shall resort be had to their property (other than the applicable trust property) for the satisfaction of the Client’s 's obligations under this Agreement, and such obligations are binding only upon the applicable trust assets and property held by of such trusteeClient.
Appears in 2 contracts
Samples: Securities Lending Agency Agreement (BlackRock Variable Series Funds, Inc.), Securities Lending Agency Agreement (Merrill Lynch Ready Assets Trust)
Business Trust. With respect to a Client which is a business trust, the Lending Agent acknowledges and agrees that this Agreement is executed by such Client on behalf of the trustees of such Client as trustees and not individually; and no trustee, shareholder, officer, employee or agent of such business trust shall be held to any personal liability, nor shall resort be had to their property (other than the applicable trust property) for the satisfaction of the Client’s 's obligations under this Agreement, and such obligations are binding only upon the applicable trust property held by such trustee.
Appears in 1 contract
Samples: Securities Lending Agency Agreement (BlackRock Credit Strategies Fund)
