Distributions, Voting Rights. Lender hereby acknowledges that during the term of any Loan: (i) Securities on Loan shall be transferred into the name of and may be voted by the Borrower thereof or others, and therefore Bank shall not be able to act on Instructions in respect of, and shall have no responsibility in connection with, the exercise of voting rights in respect of such Securities; provided, however, that certain consents including those that involve payments in consideration for the security holder’s consent are treated as corporate actions rather than proxy events for which the Bank shall provide services pursuant to Appendix 1.
Appears in 12 contracts
Samples: Securities Lending Agreement (Undiscovered Managers Funds), Securities Lending Agreement (Jp Morgan Fleming Mutual Fund Group Inc), Securities Lending Agreement (Jp Morgan Mutual Fund Investment Trust)
