Exclusion of liens and interest. The Agents shall not: 6.3.1 exercise any lien, right of set-off or similar claim in respect of monies received by the New York Paying Agent in connection with its activities hereunder; 6.3.2 be liable to any person for interest thereon; and 6.3.3 be obliged to hold any funds received by it hereunder in a segregated account or accounts.
Appears in 7 contracts
Samples: Paying Agency and Agent Bank Agreement (Barclaycard Funding PLC), Paying Agency and Agent Bank Agreement (Gracechurch Receivables Trustee LTD), Paying Agency and Agent Bank Agreement (Gracechurch Receivables Trustee LTD)
Exclusion of liens and interest. The Agents shall not:
6.3.1 exercise any lien, right of set-off or similar claim in respect of monies received by the New York Principal Paying Agent in connection with its activities hereunder;
6.3.2 be liable to any person for interest thereon; and
6.3.3 be obliged to hold any funds received by it them hereunder in a segregated account or accounts.
Appears in 1 contract
Samples: Agency Agreement (Turquoise Receivables Trustee LTD)
Exclusion of liens and interest. The Agents shall not:
6.3.1 exercise any lien, right of set-off or similar claim in respect of monies received by the New York Principal Paying Agent in connection with its activities hereunder;
6.3.2 be liable to any person for interest thereon; and
6.3.3 be obliged to hold any funds received by it hereunder in a segregated account or accounts.
Appears in 1 contract
Samples: Agency Agreement (Arran Funding LTD)
