Common use of Securities Lending Agreement Clause in Contracts

Securities Lending Agreement. (a) Attached hereto as Exhibit A are the standard forms of Securities Lending Agreements in effect between BGI and the Borrowers as of the date hereof. BGI shall provide the Trust with any proposed material amendments or changes, and notify the Trust of any such amendments or changes, to any form of Securities Lending Agreement to be used prior to their effectiveness. The Trust may elect, without penalty, to terminate any Borrower if it opposes the change.

Securities Lending Agreement. (a) Attached hereto as Exhibit A are the standard forms of Securities Lending Agreements in effect between BGI and the Borrowers as of the date hereof. BGI shall provide the Trust Company with any proposed material amendments or changes, and notify the Trust Company of any such amendments or changes, to any form of Securities Lending Agreement to be used prior to their effectiveness. The Trust Company may elect, without penalty, to terminate any Borrower if it opposes the change.