Common use of Waiver of Right of Set-Off Clause in Contracts

Waiver of Right of Set-Off. The Custodian hereby waives and relinquishes all contractual and common law rights of set-off to which it may now or hereafter be or become entitled with respect to any obligations of the Funds to the Custodian arising under this Agreement.

Appears in 71 contracts

Samples: Joint Trading Account Custody Agreement (Fidelity Select Portfolios), Joint Trading Account Custody Agreement (Fidelity Securities Fund), Joint Trading Account Custody Agreement (Variable Insurance Products Fund Iv)

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Waiver of Right of Set-Off. The Custodian hereby waives and relinquishes all contractual and common law rights of set-off to which it may now or hereafter be or become entitled with respect to any obligations of the Funds to the Custodian arising under this Agreement.. ARTICLE VI -

Appears in 31 contracts

Samples: Joint Trading Account Custody Agreement (Fidelity Advisor Series I), Joint Trading Account Custody Agreement (Fidelity Beacon Street Trust), Joint Trading Account Custody Agreement (Fidelity Advisor Series I)

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