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

Waiver of Set-Off Rights. The Disbursement Agent hereby acknowledges the Trustee's security interests as set forth above and under any other Collateral Documents and waives any security interest or other lien in the Collateral and further waives any right to set off the Collateral now or in the future against any indebtedness of the Issuer. The waivers set forth in this Section 2.9 are of rights which may exist now or hereafter in favor of the Disbursement Agent in its individual capacity, and not of any such rights which may exist now or hereafter in favor of the Disbursement Agent in its capacity as Disbursement Agent for the Trustee. Nothing in this Section 2.9 shall be construed as waiving, limiting or diminishing any rights of the Trustee vis-a-vis the Issuer.

Waiver of Set-Off Rights. The Disbursement Agent hereby acknowledges the Trustee's security interests as set forth above and under any other Collateral Documents below and waives any security interest or other lien in the Collateral and further waives any right to set set-off the Collateral now or in the future against any indebtedness of the IssuerManager. The waivers set forth in this Section 2.9 2.5 are of rights which may exist now or hereafter in favor of the Disbursement Agent in its the individual capacity, and not of any such rights which may exist now or hereafter in favor of the Disbursement Agent in its capacity as Disbursement Agent for the Trustee. Nothing in this Section 2.9 2.5 shall be construed as waiving, limiting or diminishing any rights of the Trustee vis-a-vis the IssuerManager.

Waiver of Set-Off Rights. The Each Disbursement Agent hereby acknowledges the Trustee's security interests as set forth above and under any other Collateral Documents and waives any security interest or other lien in the Collateral and further waives any right to set off the Collateral now or in the future against any indebtedness of the IssuerAuthority. The waivers set forth in this Section 2.9 are of rights which may exist now or hereafter in favor of the each Disbursement Agent in its individual capacity, and not of any such rights which may exist now or hereafter in favor of the such Disbursement Agent in its capacity as Disbursement Agent for the Trustee. Nothing in this Section 2.9 shall be construed as waiving, limiting or diminishing any rights of the Trustee vis-a-vis the IssuerAuthority.

Waiver of Set-Off Rights. The Disbursement Agent hereby acknowledges the Trustee's security interests as set forth above and under any other Collateral Documents and waives any security interest or other lien in the Collateral and further waives any right to set set-off the Collateral now or in the future against any indebtedness of the IssuerAuthority. The waivers set forth in this Section 2.9 are of rights which may exist now or hereafter in favor of the Disbursement Agent in its individual capacity, and not of any such rights which may exist now or hereafter in favor of the Disbursement Agent in its capacity as Disbursement Agent for the Trustee. Nothing in this Section 2.9 shall be construed as waiving, limiting or diminishing any rights of the Trustee vis-a-vis the IssuerAuthority.