Common use of Provider Cooperation Clause in Contracts

Provider Cooperation. (i) Subject to the limitations set forth in Section 17.2(a), Provider and Provider Personnel will provide such assistance as may be reasonably required to carry out audits as permitted hereunder, including providing reasonable use of Provider locations, facilities and other resources reasonably required in connection therewith, subject to reimbursement for any material out-of-pocket expenses incurred by Provider in cooperating with audit activities directed by a BFA Recipient that are outside the ordinary course of customary audits that would be expected in connection with services similar to the Services. (ii) Subject to the limitations set forth above, Provider further agrees to cooperate with and facilitate: (A) audits of BFA Recipients conducted by independent auditors; and (B) audits or performance of “agreed upon procedures” by outside auditors as requested by the BFA Recipients.

Appears in 9 contracts

Sources: Master Services Agreement (iShares Bitcoin Premium Income ETF), Master Services Agreement (iShares Staked Ethereum Trust ETF), Master Services Agreement (BlackRock ETF Trust)

Provider Cooperation. (i) Subject to the limitations set forth in Section 17.2(a15.2(a), Provider and Provider Personnel will provide such assistance as may be reasonably required to carry out audits as permitted hereunder, including providing reasonable use of Provider locations, facilities and other resources reasonably required in connection therewith, subject to reimbursement for any material out-of-pocket expenses incurred by Provider in cooperating with audit activities directed by a BFA Recipient Lending Fund that are outside the ordinary course of customary audits that would be expected in connection with services similar to the Services. (ii) Subject to the limitations set forth above, Provider further agrees to cooperate with and facilitate: (A) audits of BFA Recipients Lending Funds conducted by independent auditors; and (B) audits or performance of “agreed upon procedures” by outside auditors as requested by the BFA RecipientsLending Funds.

Appears in 3 contracts

Sources: Custody Services Agreement (iShares U.S. ETF Trust), Custody Services Agreement (iSHARES TRUST), Custody Services Agreement (iShares, Inc.)