Common use of Money Held by Global Agent Clause in Contracts

Money Held by Global Agent. Money paid by Freddie Mac to the Global Agent for payment of amounts owing with respect to the Notes may be dealt with by the Global Agent in the same manner as other money paid to it as a banker by its customers except that (i) it may not exercise any lien, right of set-off or similar claim in respect of such sums and (ii) except as otherwise set forth in Section 7(a) above, it shall not be liable to anyone for interest on any sums held by it under this Agreement.

Appears in 38 contracts

Samples: Global Agency Agreement, Global Agency Agreement, Global Agency Agreement

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Money Held by Global Agent. Money paid by Freddie Xxxxxxx Mac to the Global Agent for payment of amounts owing with respect to the Notes may be dealt with by the Global Agent in the same manner as other money paid to it as a banker by its customers except that (i) it may not exercise any lien, right of set-off or similar claim in respect of such sums and (ii) except as otherwise set forth in Section 7(a) above, it shall not be liable to anyone for interest on any sums held by it under this Agreement.

Appears in 35 contracts

Samples: Global Agency Agreement, Global Agency Agreement, Global Agency Agreement

Money Held by Global Agent. Money paid by Freddie Xxxxxxx Mac to the Global Agent for payment of amounts owing with respect to the Notes may be dealt with by the Global Agent in the same manner as other money paid to it as a banker by its customers except that (i) it may not exercise any lien, right of set-off or similar claim in respect of such sums them and (ii) except as otherwise set forth in Section 7(a) above, it shall not be liable to anyone for interest on any sums held by it under this Agreement.

Appears in 16 contracts

Samples: Global Agency Agreement, Global Agency Agreement, Global Agency Agreement

Money Held by Global Agent. Money paid by Freddie Mac to the Global Agent for payment of amounts owing with respect to the Notes may be dealt with by the Global Agent in the same manner as other money paid to it as a banker by its customers except that (i) it may not exercise any lien, right of set-off or similar claim in respect of such sums them and (ii) except as otherwise set forth in Section 7(a) above, it shall not be liable to anyone for interest on any sums held by it under this Agreement.

Appears in 15 contracts

Samples: Global Agency Agreement, Global Agency Agreement, Global Agency Agreement

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Money Held by Global Agent. Money paid by Freddie Mac to the Global Agent for payment of amounts owing with respect to the Notes Note may be dealt with by the Global Agent in the same manner as other money paid to it as a banker by its customers except that (i) it may not exercise any lien, right of set-off or similar claim in respect of such sums them and (ii) except as otherwise set forth in Section 7(a) above, it shall not be liable to anyone for interest on any sums held by it under this Agreement, except to the extent set forth in (m) below.

Appears in 1 contract

Samples: Stacr Debt Agreement

Money Held by Global Agent. Money paid by Freddie Xxxxxxx Mac to the Global Agent for payment of amounts owing with respect to the Notes Note may be dealt with by the Global Agent in the same manner as other money paid to it as a banker by its customers except that (i) it may not exercise any lien, right of set-off or similar claim in respect of such sums them and (ii) except as otherwise set forth in Section 7(a) above, it shall not be liable to anyone for interest on any sums held by it under this Agreement, except to the extent set forth in (m) below.

Appears in 1 contract

Samples: Stacr Debt Agreement

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