Common use of Exclusion of liens and commissions Clause in Contracts

Exclusion of liens and commissions. The Principal Paying Agent shall not exercise any lien, right of set-off or similar claim against any person to whom it makes any payment under Clause 7.1 (Payments by the Principal Paying Agent) in respect thereof, nor shall any commission or expense be charged by it to any such person in respect thereof.

Appears in 3 contracts

Samples: Issue and Paying Agency Agreement, Issue and Paying Agency Agreement, Issue and Paying Agency Agreement

AutoNDA by SimpleDocs

Exclusion of liens and commissions. The Principal Paying Agent shall not exercise any lien, right of set-off or similar claim against any person to whom it makes any payment under Clause 7.1 5.1 (Payments by the Principal Paying Agent) in respect thereof, nor shall any commission or expense be charged by it to any such person in respect thereof.

Appears in 2 contracts

Samples: Agency Agreement, Agency Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!