Common use of Moneys held by Fiscal Agent Clause in Contracts

Moneys held by Fiscal Agent. The Fiscal Agent may deal with moneys paid to it under this Agreement in the same manner as other moneys paid to it as a banker by its customers except that (1) it may not exercise any lien, right of set-off or similar claim in respect of them and (2) it shall not be liable to anyone for interest on any sums held by it under this Agreement.

Appears in 16 contracts

Samples: Agency Agreement, Agency Agreement, Agency Agreement

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Moneys held by Fiscal Agent. The Fiscal Agent may deal with moneys paid to it under this Agreement in the same manner as other moneys paid to it as a banker by its customers and not subject to the UK FCA Client Money Rules except that (1) it may not exercise any lien, right of set-off or similar claim in respect of them and them, (2) it shall not be liable to anyone for interest on any sums held by it under this Agreement; and (3) no money held by any Paying Agent need be segregated except as required by law.

Appears in 4 contracts

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

Moneys held by Fiscal Agent. The the Fiscal Agent may deal with moneys paid to it under this Agreement in the same manner as other moneys paid to it as a banker by its customers except that (1) it may not exercise any lien, right of set-off or similar claim in respect of them and (2) it shall not be liable to anyone for interest on any sums held by it under this Agreement.

Appears in 4 contracts

Samples: Agency Agreement, Agency Agreement, Agency Agreement

Moneys held by Fiscal Agent. The Fiscal Agent may deal with moneys paid to it under this Agreement in the same manner as other moneys paid to it as a banker by its customers except that (1) it may not exercise any liencustomers, right of set-off or similar claim in respect of them and (2) it shall not be liable to anyone for interest on any sums held by it under this Agreement.provided, however that:

Appears in 3 contracts

Samples: Agency Agreement, Agency Agreement, Agency Agreement

Moneys held by Fiscal Agent. The Fiscal Agent may deal with moneys paid to it under this Agreement in the same manner as other moneys paid to it as a banker by its customers except that that: (1i) it may not exercise any lien, right of set-off or similar claim in respect of them and them; (2ii) it shall not be liable to anyone for interest on any sums held by it under this Agreement; (iii) moneys held by it need not be segregated except as required by law; and (iv) moneys will not be subject to the United Kingdom Financial Conduct Authority Client Money Rules.

Appears in 2 contracts

Samples: Fiscal Agency Agreement, Fiscal Agency Agreement

Moneys held by Fiscal Agent. The Fiscal Agent may deal with moneys paid to it under this Agreement in the same manner as other moneys paid to it as a banker by its customers except that (1) it may not exercise any lien, right of set-off or similar claim in respect of them and (2) unless otherwise expressly provided in Clause 5, it shall not be liable to anyone for interest on any sums held by it under this Agreement.

Appears in 2 contracts

Samples: Agency Agreement, Agency Agreement

Moneys held by Fiscal Agent. The Fiscal Agent may deal with moneys paid to it under this Agreement in the same manner as other moneys paid to it as a banker by its customers except that (1a) it may not exercise any lien, right of set-off or similar claim in respect of them and (2) it shall not be liable to anyone for interest on any sums held by it under this Agreement.and

Appears in 2 contracts

Samples: Agency Agreement, Agency Agreement

Moneys held by Fiscal Agent. The Fiscal Agent may deal with moneys paid to it under this Agreement in the same manner as other moneys paid to it as a banker by its customers except that (1) it may not exercise any lien, right of set-off or similar claim in respect of them and (2) it shall not be liable to anyone for interest on any sums held by it under this Agreement. Any funds held by the Agent in respect of the Bonds are held as banker and not subject to the Client Money Rules of the Financial Conduct Authority of the United Kingdom.

Appears in 1 contract

Samples: Fiscal Agency Agreement

Moneys held by Fiscal Agent. The Fiscal Agent may deal with moneys paid to it under this Agreement in the same manner as other moneys paid to it as a banker banker, and not subject to the United Kingdom Financial Conduct Authority Client Money Rules, by its customers except that (1) it may not exercise any lien, right of set-off or similar claim in respect of them and (2) it shall not be liable to anyone for interest on any sums held by it under this Agreement.

Appears in 1 contract

Samples: Agency Agreement

Moneys held by Fiscal Agent. The Fiscal Agent may deal with moneys paid to it under this Agreement in the same manner as other moneys paid to it as a banker by its customers except that (1) it may not exercise any lien, right of set-off or similar claim in respect of them and (2) it shall not be liable held subject to anyone for interest on any sums held by it under this Agreement.the Client Money Rules, except that:

Appears in 1 contract

Samples: africanbank.co.za

Moneys held by Fiscal Agent. The Fiscal Agent may deal with moneys paid to it under this Agreement in the same manner as other moneys paid to it as a banker by its customers except that (1) it may not exercise any lien, right of set-off or similar claim in respect of them and them, (2) it shall not be liable to anyone for interest on any sums held by it under this AgreementAgreement and (3) it need not segregate such monies except as required by law. Monies paid to the Fiscal Agent pursuant to this Agreement shall not be held subject to the United Kingdom’s FCA Client Money Rules.

Appears in 1 contract

Samples: Fiscal Agency Agreement

Moneys held by Fiscal Agent. The Fiscal Agent may deal with moneys paid to it under this Agreement in the same manner as other moneys paid to it as a banker by its customers except that (1) it may not exercise any lien, right of set-off or similar claim in respect of them and (2) it shall not be liable to anyone for interest on any sums held by it under this Agreement. Money held by it need not be segregated except as required by applicable law.

Appears in 1 contract

Samples: Agency Agreement

Moneys held by Fiscal Agent. The Fiscal Agent may deal with moneys paid to it under this Agreement in the same manner as other moneys paid to it as a banker by its customers except that (1) it may not exercise any lien, right of set-off or similar claim in respect of them and (2) it shall not be liable to anyone for interest or distribution, as applicable, on any sums held by it under this Agreement.

Appears in 1 contract

Samples: Fiscal Agency Agreement (AMTD International Inc.)

Moneys held by Fiscal Agent. The Fiscal Agent may deal with moneys paid to it under this Agreement in the same manner as other moneys paid to it as a banker by its customers except that (1) it may not exercise any lien, right of set-off or similar claim in respect of them and (2) it shall not be liable to anyone for interest on any sums held by it under this Agreement. No moneys held by the Fiscal Agent need be segregated except as required by law and will not be subject to the United Kingdom Financial Conduct Authority’s Client Money Rules.

Appears in 1 contract

Samples: Fiscal Agency Agreement

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Moneys held by Fiscal Agent. The Fiscal Agent may deal with moneys paid to it under this Agreement in the same manner as other moneys paid to it as a banker by its customers except that (1) it may not exercise any lien, right of set-off or similar claim in respect of them and (2) it shall not be liable to anyone for interest on any sums held by it under this AgreementAgreement and (3) moneys held by it need not be segregated except as required by law.

Appears in 1 contract

Samples: Agency Agreement

Moneys held by Fiscal Agent. The Fiscal Agent may deal with moneys paid to it under this Agreement in the same manner as other moneys paid to it as a banker by its customers except that (1) it may not exercise any lien, right of set-off or similar claim in respect of them and (2) it shall not be liable to anyone for interest on any sums held by it under this Agreement.them,

Appears in 1 contract

Samples: Agency Agreement

Moneys held by Fiscal Agent. The Fiscal Agent may deal with moneys paid to it under this Agreement in the same manner as other moneys paid to it as a banker by its customers except that (1) it may not exercise any lien, right of set-off or similar claim in respect of them and (2) it shall not be liable to anyone account to the Issuer for any interest on any sums or other amounts in respect of the money. No money held by it under this Agreementthe Fiscal Agent needs to be segregated, except as required by law.

Appears in 1 contract

Samples: Fiscal Agency Agreement

Moneys held by Fiscal Agent. The Fiscal Agent may deal with moneys paid to it under this Agreement in the same manner as other moneys paid to it as a banker by its customers except that (1) it may not exercise any lien, right of set-off or similar claim in respect of them and (2) it shall not be liable to anyone for interest on any sums held by it under this Agreement. Moneys held by the Fiscal Agent need not be segregated save as required by law.

Appears in 1 contract

Samples: Agency Agreement

Moneys held by Fiscal Agent. The Fiscal Agent may deal with moneys paid to it under this Agreement in the same manner as other moneys paid to it as a banker by its customers except that (1) it may not exercise any lien, right of set-off or similar claim in respect of them and them, (2) it shall not be liable to anyone for interest on any sums held by it under this AgreementAgreement and (3) moneys held shall not be segregated except as required by law.

Appears in 1 contract

Samples: Agency Agreement

Moneys held by Fiscal Agent. The Fiscal Agent may deal with moneys paid to it under this Agreement in the same manner as other moneys paid to it as a banker by its customers except that (1i) it may not exercise any lien, right of set-off or similar claim in respect of them and (2ii) it shall not be liable to anyone for interest on any sums held by it under this AgreementAgreement and (iii) the sums held by it need not be segregated from other moneys except as required by law.

Appears in 1 contract

Samples: Paying Agency Agreement

Moneys held by Fiscal Agent. The Fiscal Agent may deal with moneys paid to it under this Agreement in the same manner as other moneys paid to it as a banker by its customers except that (1a) it may not exercise any lien, right of set-off or similar claim in respect of them and (2b) it shall not be liable to anyone for interest on any sums held by it under this Agreement. No money held by any Agent need be segregated except as required by law.

Appears in 1 contract

Samples: Agency Agreement (Australia & New Zealand Banking Group LTD)

Moneys held by Fiscal Agent. The Fiscal Agent may deal with moneys paid to it under this Agreement in the same manner as other moneys paid to it as a banker by its customers except that (1) it may not exercise any lien, right of set-off or similar claim in respect of them and (2) it shall not be liable to anyone for interest on any sums held by it under this Agreement. No money held by any Agent need be segregated except as required by law. Any funds held by the Agent are not subject to the FCA Client money rules.

Appears in 1 contract

Samples: Fiscal Agency Agreement (Abengoa, S.A.)

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