Common use of Moneys held by Issuing and Paying Agent Clause in Contracts

Moneys held by Issuing and Paying Agent. The Issuing and Paying 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 Issuing and Paying Agent. The Issuing and Paying 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.

Moneys held by Issuing and Paying Agent. The Issuing and Paying 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 subject to anyone for interest on any sums held by it under this Agreement.Clause

Moneys held by Issuing and Paying Agent. The Issuing and Paying 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 it need not be segregated except as required by law.

Moneys held by Issuing and Paying Agent. The Issuing and Paying 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.

Moneys held by Issuing and Paying Agent. The Issuing and Paying 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 monies held by an Agent need be segregated except as required by law.

Moneys held by Issuing and Paying Agent. The Issuing and Paying 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 combine or consolidate such moneys with any other moneys or accounts and (3) it shall not, save as provided in paragraph (2) of sub-Clause (C) above, be liable to anyone any person for interest on any sums held by it under this Agreement.

Moneys held by Issuing and Paying Agent. The Issuing and Paying Agent may deal with moneys paid to it under this Agency 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 them, (2b) it shall not be liable to anyone for interest on any sums held by it under this AgreementAgency Agreement and (c) it need not segregate sums held by it hereunder from any other moneys except as required by law.

Moneys held by Issuing and Paying Agent. The Issuing and Paying 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) any monies held by it shall not be segregated except to the extent required by applicable law.

Moneys held by Issuing and Paying Agent. The Issuing and Paying 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 them, (2b) it shall not be liable to anyone for interest on any sums held by it under this AgreementAgreement and (c) moneys held by it need not be segregated except as required by law.