Borrower Default. In the event of default by an Approved Borrower with respect to any loan entered into pursuant to a SLA, BBH&Co. will take such actions as are set forth in the applicable SLA. In addition, the following provisions shall apply.
Appears in 6 contracts
Sources: Securities Lending Agency Agreement (American Beacon Funds), Securities Lending Agency Agreement (Japan Fund Inc), Securities Lending Agency Agreement (Touchstone Institutional Funds Trust)