Common use of No Lien Clause in Contracts

No Lien. no Agent shall exercise any lien, right of set-off or similar claim against any holder of a Security or Coupon in respect of moneys payable by it under this Agreement, except any lien, right of set-off or similar claim arising mandatorily by virtue of the applicable laws.

Appears in 4 contracts

Sources: Agency Agreement, Agency Agreement, Agency Agreement

No Lien. no No Agent shall exercise any lien, right of set-off or similar claim against any holder of a Security Note or Coupon in respect of moneys payable by it under this Agreement, except any lien, right of set-off or similar claim arising mandatorily by virtue of the applicable laws.

Appears in 1 contract

Sources: Agency Agreement