No Collection Obligations. The Bank, as Lending Agent, shall use ------------------------- reasonable efforts to effect collection of any amounts payable in respect of Securities or Approved Investments if such Securities or Approved Investments are in default, or if payment is refused after due demand and presentation.
Appears in 2 contracts
Sources: Securities Lending Agency Agreement (Allmerica Investment Trust), Securities Lending Agency Agreement (Allmerica Investment Trust)
No Collection Obligations. The Bank, as Lending Agent, shall use ------------------------- reasonable efforts to effect collection of any amounts payable in respect of Securities or Approved Investments if such Securities or Approved Investments are in default, or if payment is refused after due demand and presentation.
Appears in 1 contract
Sources: Securities Lending Agency Agreement (Allmerica Investment Trust)