Remedies of Lender. (a) Upon any default as set forth in paragraph 9 hereof, Lender shall have such rights as are granted to it under any Letter of Credit and as to Collateral all of the rights and remedies of a secured party under Article 9 of the California Uniform Commercial Code and as otherwise provided by law, and, in addition, may, at its sole option, either:
Appears in 3 contracts
Samples: Securities Lending Agency Agreement (Barclays Global Investors Funds), Securities Lending Agency Agreement (Master Investment Portfolio), Letter Agreement (Ishares Trust)