Common use of Proxy Voting Services Clause in Contracts

Proxy Voting Services. In order to facilitate access by the Issuer or its designee to ballots or online systems to assist in the voting of proxies received for eligible positions of Securities held in the Account (excluding bankruptcy matters), the Custodian will, if required to do so by applicable law or upon request, appoint a provider of proxy voting services to act as agent of the Issuer to provide global proxy voting services to such Issuer. The Custodian shall have no obligation or liability to the Issuer in respect of such global proxy voting services or the acts or omissions of the provider of such global proxy voting services.

Proxy Voting Services. In order to facilitate access by the Issuer or its designee to ballots or online systems to assist in the voting of proxies received for eligible positions of Securities held in the Account (excluding bankruptcy matters), the Custodian will, if required upon request (except to do so the extent prohibited by any applicable law or upon requestlaw), appoint a provider of proxy voting services to act as agent of the Issuer to provide global proxy voting services to such the Issuer. The Custodian shall have no obligation or liability to the Issuer in respect of such global proxy voting services or the acts or omissions of the provider of such global proxy voting services.