Waiver of Setoffs Sample Clauses

Waiver of Setoffs. The Indenture Trustee hereby expressly waives any and all rights of setoff that the Indenture Trustee may otherwise at any time have under applicable law with respect to any Trust Account and agrees that amounts in the Trust Accounts shall at all times be held and applied solely in accordance with the provisions hereof and of the other Basic Documents.
AutoNDA by SimpleDocs
Waiver of Setoffs. Except with respect to the Certificate Distribution Account, the Trust Collateral Agent hereby expressly waives any and all rights of setoff that the Trust Collateral Agent may otherwise at any time have under applicable law with respect to any Trust Account and agrees that amounts in the Trust Accounts shall at all times be held and applied solely in accordance with the provisions hereof.
Waiver of Setoffs. The Collateral Agent hereby expressly waives any and all rights of set off that the Collateral Agent may otherwise at any time have under applicable law with respect to the Spread Account and agrees that amounts in the Spread Account shall at all times be held and applied solely in accordance with the provisions hereof.
Waiver of Setoffs. The Securities Intermediary hereby expressly waives any and all rights of setoff that such party may otherwise at any time have under Applicable Law with respect to any Secured Account.
Waiver of Setoffs. 28 SECTION 6.19. Control by the Controlling Party...........................................................28
Waiver of Setoffs. The Indenture Collateral Agent and the Trustee hereby expressly waive any and all rights of setoff that the Indenture Collateral Agent or the Trustee may otherwise at any time have under applicable law with respect to any Trust Account and agrees that amounts in the Trust Accounts shall at all times be held and applied solely in accordance with the provisions hereof.
Waiver of Setoffs. The Trustee hereby expressly waives any and all rights of setoff that the Trustee may otherwise at any time have under applicable law with respect to any Pledged Account and agrees that amounts in the Pledged Accounts shall at all times be held and applied solely in accordance with the provisions hereof.
AutoNDA by SimpleDocs
Waiver of Setoffs. 54 SECTION 6.19. Control by the Control Party...............................................................54 SECTION 6.20. Indenture Trustee May Enforce Claims Without Possession of Notes...........................54 SECTION 6.21.
Waiver of Setoffs. 36 Section 4.10. Control by the Controlling Party. . . . . . . . . . . . . . . . . . 36
Waiver of Setoffs. 56 SECTION 6.21 Control by the Controlling Party..........................................56 ARTICLE VII - Noteholders' Lists and Reports.......................................................56 SECTION 7.1 Issuer To Furnish To Trustee Names and Addresses of Noteholders............56 SECTION 7.2 Preservation of Information; Communications to Noteholders.................57
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!