Common use of Transfer Taxes and Costs Clause in Contracts

Transfer Taxes and Costs. All transfer taxes and necessary costs with respect to the transfer of the Securities either by Lender to Borrower or by Borrower to Lender, shall be paid by Borrower, if Lender shall incur any loss by reason of Borrower’s failure to pay all said taxes and costs as may be due, Lender shall be entitled to receive the same from Borrower and may retain an amount of the Collateral sufficient to satisfy its claim against Borrower in respect to said taxes and costs.

Appears in 2 contracts

Samples: Securities Lending Agency Agreement (Barclays Global Investors Funds), Securities Lending Agency Agreement (Master Investment Portfolio)

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Transfer Taxes and Costs. All transfer taxes and necessary costs with respect to the transfer of the Securities either by Lender to Borrower or by Borrower to Lender, shall be paid by Borrower, if . If Lender shall incur any loss by reason of Borrower’s failure to pay all said taxes and costs as may be due, Lender shall be entitled to receive the same from Borrower and may retain an amount of the Collateral sufficient to satisfy its claim against Borrower in respect to said taxes and costs.

Appears in 2 contracts

Samples: Securities Lending Agency Agreement (Barclays Global Investors Funds), Securities Lending Agency Agreement (Master Investment Portfolio)

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Transfer Taxes and Costs. All transfer taxes and necessary costs with respect to the transfer of the Securities either by Lender to Borrower or by Borrower to Lender, shall be paid by Borrower, if . If Lender shall incur any loss by reason of Borrower’s 's failure to pay all said taxes and costs as may be due, Lender shall be entitled to receive the same from Borrower and may retain an amount of the Collateral sufficient to satisfy its claim against Borrower in respect to said taxes and costs.

Appears in 1 contract

Samples: Letter Agreement (Ishares Trust)

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