Common use of Exclusion of liens and interest Clause in Contracts

Exclusion of liens and interest. The Fiscal Agent shall be entitled to deal with each amount paid to it under this Clause 6 in the same manner as other amounts paid to it as a banker by its customers; provided, however, that: 6.3.1 it shall not exercise against the Issuer or the Guarantor any lien, right of set-off or similar claim in respect thereof; 6.3.2 it shall not be liable to any person for interest thereon; and 6.3.3 monies held by it need not be segregated except as required by law.

Appears in 8 contracts

Samples: Fiscal Agency Agreement, Fiscal Agency Agreement, Fiscal Agency Agreement

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Exclusion of liens and interest. The Fiscal Agent shall be entitled to deal with each amount paid to it under this Clause 6 7 (Payments to the Fiscal Agent) in the same manner as other amounts paid to it as a banker (and not as a trustee or on trust) by its customers; provided, however, that: 6.3.1 7.3.1 it shall not exercise against the Issuer or the Guarantor any lien, right of set-off or similar claim in respect thereof;; and 6.3.2 7.3.2 it shall not be liable to any person for interest thereon; and 6.3.3 thereon or other amounts in respect of the money. No monies held by it any Paying Agent need not be segregated except as required by law.

Appears in 5 contracts

Samples: Agency Agreement (PCGI Intermediate Holdings LTD), Agency Agreement (PCGI Intermediate Holdings LTD), Agency Agreement (PCGI Intermediate Holdings LTD)

Exclusion of liens and interest. The Fiscal Agent shall be entitled to deal with each amount paid to it under this Clause 6 (Payments to the Fiscal Agent) in the same manner as other amounts paid to it as a banker by its customers; provided, however, that: 6.3.1 it shall not exercise against the Issuer or the Guarantor any lien, right of set-off or similar claim in respect thereof;; and 6.3.2 it shall not be liable to any person for interest thereon; and 6.3.3 monies held by it need not be segregated except as required by law.

Appears in 3 contracts

Samples: Fiscal Agency Agreement, Fiscal Agency Agreement (Ubs Ag), Fiscal Agency Agreement (Asml Holding Nv)

Exclusion of liens and interest. The Fiscal Agent shall be entitled to deal with each amount paid to it under this Clause 6 (Payments to the Fiscal Agent) in the same manner as other amounts paid to it as a banker by its customers; provided, however, that: 6.3.1 it shall not exercise against the Issuer or the Guarantor any lien, right of set-off or similar claim in respect thereof;thereof (notwithstanding the provisions in 7.3 and 7.4); and 6.3.2 it shall not be liable to any person for interest thereon; and 6.3.3 monies held by it need not be segregated except as required by law.

Appears in 2 contracts

Samples: Fiscal Agency Agreement, Fiscal Agency Agreement (Ubs Ag)

Exclusion of liens and interest. The Fiscal Agent shall be entitled to deal with each amount paid to it under this Clause 6 7 (Payments to the Fiscal Agent) in the same manner as other amounts paid to it as a banker by its customers; provided, however, that: 6.3.1 7.3.1 it shall not exercise against the Issuer or the Guarantor any lien, right of set-off or similar claim in respect thereof;; and 6.3.2 7.3.2 it shall not be liable to any person for interest thereon; and 6.3.3 . No monies held by it any Paying Agent need not be segregated except as required by law.

Appears in 2 contracts

Samples: Agency Agreement (PCGI Intermediate Holdings LTD), Agency Agreement (PCGI Intermediate Holdings LTD)

Exclusion of liens and interest. The Fiscal Agent shall be entitled to deal with each amount paid to it under this Clause 6 (Payments to the Fiscal Agent) in the same manner as other amounts paid to it as a banker by its customers; provided, however, that: 6.3.1 6.4.1 it shall not exercise against the Issuer or the Guarantor any lien, right of set-off or similar claim in respect thereof;; and 6.3.2 6.4.2 it shall not be liable to any person for interest thereon; and 6.3.3 . No monies held by it any Agent need not be segregated except as required by law. The Paying Agents hold all money as banker and not as trustee, and as a result such money will not be held in accordance with the Client Money Rules.

Appears in 2 contracts

Samples: Agency Agreement, Agency Agreement

Exclusion of liens and interest. The Fiscal Agent shall be entitled to deal with each amount paid to it under this Clause 6 7 in the same manner as other amounts paid to it as a banker by its customers; providedcustomers and shall not be subject to the United Kingdom Financial Conduct Authority Client Money Rules, however, provided that: 6.3.1 7.3.1 it shall not exercise against the Issuer or the Guarantor any lien, right of set-off or similar claim in respect thereof; 6.3.2 7.3.2 it shall not be liable to any person for interest thereon; and 6.3.3 monies 7.3.3 money held by it need not be segregated except as required by law.

Appears in 1 contract

Samples: Agency Agreement

Exclusion of liens and interest. The Fiscal Agent shall be entitled to deal with each amount paid to it under this Clause 6 Agreement in the same manner as other amounts paid to it as a banker by its customers; provided, however, that: 6.3.1 6.4.1 it shall not exercise against the Issuer or the Guarantor any lien, right of set-off or similar claim in respect thereof;; and 6.3.2 6.4.2 it shall not be liable to any person for interest thereon; and 6.3.3 . No monies held by it any Agent need not be segregated except as required by law. The Paying Agents hold all money as banker and not as trustee and as a result such money will not be held in accordance with the Client Money Rules.

Appears in 1 contract

Samples: Agency Agreement

Exclusion of liens and interest. The Fiscal Agent shall be entitled to deal with each amount paid to it under this Clause clause 6 in the same manner as other amounts paid to it as a banker by its customers; customers provided, however, that: 6.3.1 (a) Liens: it shall not exercise against the Issuer or the Guarantor any lien, right of set-off or similar claim in respect thereof;; and 6.3.2 (b) Interest: it shall not be liable to any person for interest thereon; and 6.3.3 monies held by it need not be segregated except as required by law.

Appears in 1 contract

Samples: Fiscal Agency Agreement

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Exclusion of liens and interest. The Fiscal Agent shall be entitled to deal with each amount paid to it under this Clause 6 (Payments to the Fiscal Agent) in the same manner as other amounts paid to it as a banker by its customers; provided, however, that: 6.3.1 (a) it shall not exercise against the Issuer or the Guarantor any lien, right of set-off or similar claim in respect thereof;; and 6.3.2 (b) it shall not be liable to any person for interest thereon; and 6.3.3 monies held by it need not be segregated except as required by law.

Appears in 1 contract

Samples: Fiscal Agency Agreement (Omnicom Group Inc)

Exclusion of liens and interest. The Fiscal Agent shall be entitled to deal with each amount paid to it under this Clause 6 (Payments to the Fiscal Agent) in the same manner as other amounts paid to it as a banker by its customerscustomers and as a result, such money will not be held in accordance with the Client Money Rules; provided, however, that: 6.3.1 6.4.1 it shall not exercise against the Issuer or the Guarantor any lien, right of set-off or similar claim in respect thereof;; and 6.3.2 6.4.2 it shall not be liable to any person for interest thereon; and 6.3.3 . No monies held by it any Paying Agent need not be segregated except as required by law.

Appears in 1 contract

Samples: Fiscal Agency Agreement

Exclusion of liens and interest. The Fiscal Agent shall be entitled to deal with each amount paid to it under this Clause 6 4 in the same manner as other amounts paid to it as a banker by its customers; customers provided, however, that: 6.3.1 that (i) it shall not exercise against the Issuer or the Guarantor any lien, right of set-off or similar claim in respect thereof; 6.3.2 , (ii) it shall not be liable to any person for interest thereon; and 6.3.3 monies and (iii) it shall not be required to segregate any sums held by it need not be segregated except as required by law.

Appears in 1 contract

Samples: Fiscal, Transfer and Conversion Agency Agreement

Exclusion of liens and interest. The Fiscal Agent shall be entitled to deal with each amount paid to it under this Clause 6 (Payments to the Fiscal Agent) in the same manner as other amounts paid to it as a banker by its customers; customers and not subject to the FCA Client Money Rules, provided, however, that: 6.3.1 No lien or set-off: it shall not exercise against the Issuer or the Guarantor any lien, right of set-off or similar claim in respect thereof; 6.3.2 it shall not be liable to any person for interest thereon; and 6.3.3 monies held by it need not be segregated except as required by law.

Appears in 1 contract

Samples: Agency Agreement

Exclusion of liens and interest. The Fiscal Agent shall be entitled to deal with each amount paid to it under this Clause 6 7 (Payments to the Fiscal Agent) in the same manner as other amounts paid to it as a banker by its customers; provided, however, that: 6.3.1 7.3.1 it shall not exercise against the Issuer or the Guarantor any lien, right of set-off or similar claim in respect thereof;; and 6.3.2 7.3.2 it shall not be liable to any person for interest thereon; and 6.3.3 monies held by it need not be segregated except as required by law.

Appears in 1 contract

Samples: Agency Agreement

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