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

Waiver of Right of Set-Off. The Collateral Agent waives, with respect to all of its existing and future claims against the Facility Lessee, all existing and future rights of set-off and banker's liens against the Accounts and subaccounts and all items (and proceeds thereof) that come into its possession in connection with the Accounts.

Appears in 4 contracts

Samples: Security Deposit Agreement (Eme Homer City Generation Lp), Security Deposit Agreement (Eme Homer City Generation Lp), Security Deposit Agreement (Eme Homer City Generation Lp)

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Waiver of Right of Set-Off. The Collateral Agent waives, with respect to all of its existing and future claims against the Facility Lessee, all existing and future rights of set-off and banker's liens against the Accounts and subaccounts and all items (and proceeds thereof) that come into its possession in connection with the Accounts.

Appears in 1 contract

Samples: Security Deposit Agreement (Eme Homer City Generation Lp)

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