Common use of Exclusion of liens and interest Clause in Contracts

Exclusion of liens and interest. The Principal Paying 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:

Appears in 9 contracts

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

AutoNDA by SimpleDocs

Exclusion of liens and interest. The Principal Paying 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 and as a result, such money will not be held in accordance with the Client Money Rules provided, however, that:

Appears in 3 contracts

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

Exclusion of liens and interest. The Principal Paying Agent shall be entitled to deal with each amount paid to it under this Clause 6 (Payments to the Principal Paying Agent) in the same manner as other amounts paid to it as a banker by its customers customers; provided, however, that: 6.3.1 it shall not exercise against the Issuer 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.

Appears in 2 contracts

Samples: Paying Agency Agreement, Paying Agency Agreement

Exclusion of liens and interest. The Principal Paying 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 provided, however, that:

Appears in 2 contracts

Samples: Agency Agreement, Agency Agreement

Exclusion of liens and interest. The Each of the Principal Paying Agent and the CMU Lodging and Paying 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:

Appears in 1 contract

Samples: Agency Agreement

Exclusion of liens and interest. The Principal Paying Agent shall be entitled to deal with each amount paid to it under this Clause 6 5 in the same manner as other amounts paid to it as a banker by its customers provided, however, that: (a) Liens: it shall not exercise against the Issuer or the Trustee any lien, right of set-off or similar claim in respect thereof; and (b) Interest: it shall not be liable to any person for interest thereon.

Appears in 1 contract

Samples: Issue and Paying Agency Agreement

AutoNDA by SimpleDocs

Exclusion of liens and interest. The Principal Paying 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 provided, however, that:

Appears in 1 contract

Samples: Agency Agreement

Exclusion of liens and interest. The Principal Paying 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 banker, and not subject to the UK Financial Conduct Authority Client Money Rules by its customers provided, however, that:

Appears in 1 contract

Samples: Issue and Paying Agency Agreement

Exclusion of liens and interest. The Principal Paying 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 provided, however, thatcustomers; Provided However That:

Appears in 1 contract

Samples: Note Agency Agreement

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