Exclusion of liens and interest. The Principal Paying Agent and the Class Z VFN Registrar (as applicable) shall be entitled to deal with each amount paid to it under this Clause 5 in the same manner as other amounts paid to it as a banker by its customers provided that: (a) it shall not exercise against the Issuer any lien, right of set-off, right of combination of accounts or similar claim in respect of monies received by it in connection with its activities hereunder; and (b) it shall not be liable to any person for interest thereon; and (c) it shall not be required to segregate any money held by it except as may be required by law.
Appears in 6 contracts
Samples: Agency Agreement, Agency Agreement, Agency Agreement
