Waiver of Lien; Waiver of Set-off. The Custodial Agent waives any security interest, lien or right to make deductions or set-offs that it may now have or hereafter acquire in or with respect to the Custodial Agent, any financial asset credited thereto or any security entitlement in respect thereof. Neither the financial assets credited to the Custody Account nor the security entitlements in respect thereof will be subject to deduction, set-off, banker’s lien or any other right in favor of any Person other than the Issuer Trust.
Appears in 8 contracts
Samples: Collateral Agreement (Goldman Sachs Capital Ii), Collateral Agreement (Mellon Financial Corp), Collateral Agreement (Wells Fargo & Co/Mn)
Waiver of Lien; Waiver of Set-off. The Custodial Agent waives any security interest, lien or right to make deductions or set-offs that it may now have or hereafter acquire in or with respect to the Custodial AgentCustody Account, any financial asset credited thereto or any security entitlement in respect thereof. Neither the financial assets credited to the Custody Account nor the security entitlements in respect thereof will be subject to deduction, set-off, banker’s lien or any other right in favor of any Person other than the Issuer Trust.
Appears in 5 contracts
Samples: Collateral Agreement, Collateral Agreement (Us Bancorp \De\), Collateral Agreement (Us Bancorp \De\)
Waiver of Lien; Waiver of Set-off. The Custodial Agent waives any security interest, lien or right to make deductions or set-offs that it may now have or hereafter acquire in or with respect to the Custodial Agent, any financial asset credited thereto or any security entitlement in respect thereof. Neither the financial assets credited to the Custody Account nor the security entitlements in respect thereof will be subject to deduction, set-off, banker’s lien or any other right in favor of any Person other than the Issuer Trust.
Appears in 2 contracts
Samples: Collateral Agreement (Us Bancorp \De\), Collateral Agreement (Wachovia Corp New)
Waiver of Lien; Waiver of Set-off. The Custodial Agent waives any security interest, lien or right to make deductions or set-offs that it may now have or hereafter acquire in or with respect to the Custodial AgentCustody Account, any financial asset credited thereto or any security entitlement in respect thereof. Neither the financial assets credited to the Custody Account nor the security entitlements in respect thereof will be subject to deduction, set-off, banker’s lien or any other right in favor of any Person other than the Issuer Trust.
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