SET-OFF AND LIEN Sample Clauses

SET-OFF AND LIEN. 8.1 For so long as you owe monies or obligations (of any nature and however arising) to us, you may not withdraw your Assets from your Account without our consent. We may at any time withhold any Assets pending full settlement of all such monies or obligations owed by you. 8.2 All your Assets in your Private Fund and Account shall be subject to general lien for the discharge of all obligations due from you to us. We have the power to sell any Assets in or towards settlement of your obligations to us. 8.3 All documents of title and other documents relating to the Assets shall be deposited or transferred by you to us or otherwise placed at our order or at our disposal or under our control. 8.4 You warrant and undertake that none of the Assets held in your Private Fund and Account are nor shall be subject to any lien or charge in favour of any other person. 8.5 Without prejudice to any right of set-off or general lien or other rights to which we may be entitled, we may set-off from any Assets held in your Private Fund and Account (including any of your monies held in an omnibus account) against and in whole or partial payment of any sum or liability owed by you to us. If you owe monies or do not do anything you are required to do under the Agreement, you may not withdraw your Assets from your Account without our permission. We may at any time prevent you from using your Assets until you have fully settled all the monies owed by you or do what you are required to do under the Agreement. We have control of your Assets in your Account by way of general lien. If you do not do what you are required to do under the Agreement, we will have the power to sell any Assets in your Account to compensate for the failure of your performance of your obligation under the Agreement owed to us.
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SET-OFF AND LIEN. 29.1 NCB Capital shall be entitled at any time and without notice to the Client, to retain or make deductions from or set off amounts or credit balances which NCB Capital may owe to the Client or is holding for the Client in order to meet any liabilities which the Client may have incurred or NCB Capital may have incurred on the Client's behalf.
SET-OFF AND LIEN. 13.1 Set-off Each of the Borrowers irrevocably authorises each of the Finance Parties at any time after all or any part of the Indebtedness shall have become due and payable to set off without notice any liability of the Borrowers to any of the Finance Parties (whether present or future, actual or contingent, and irrespective of the branch or office, currency or place of payment) against any credit balance from time to time standing on any account of the Borrowers (whether current or otherwise and whether or not subject to notice) with any branch of any of the Finance Parties in or towards satisfaction of the Indebtedness and, in the name of that Finance Party or the Borrowers, to do all acts (including, without limitation, converting or exchanging any currency) and execute all documents which may be required to effect such application.
SET-OFF AND LIEN. 12.1 Without limiting or reducing the effect of Clauses 13.10 and 13.11 of the Client Agreement for Securities Trading, GTJAS is entitled to do the following without prior notice to the Client:
SET-OFF AND LIEN. 20.1. The Management Venture may not set off or withhold any amount or payment whatsoever due from it to the Company and in addition may not withhold any asset and/or equipment and/or installation, of any kind or nature whatsoever to secure the liabilities of the Company to it.
SET-OFF AND LIEN. The borrower hereby confirms, declares and agrees that for the liability of the borrowers , the bank shall have a paramount right of set off and in exercise of the bank’s general lien under law, the bank shall also have a paramount right of lien on all monies, accounts, securities, deposits, goods and other assets and properties belonging to the borrower or standing to the borrower’s credit (whether singly or jointly with any other person/s) which are or may at any time be with or in possession or control of any branch of the bank for any reason or purpose whatsoever and bank is specifically authorized to exercise right of lien on the securities including title deeds of the property and effect set of against all moneys.
SET-OFF AND LIEN. 15.1 Set-off Each of the Borrower and the Guarantor irrevocably authorises the Finance Parties at any time after all or any part of the Indebtedness shall have become due and payable to set off without notice any liability of the Borrower or the Guarantor (as the case may be) to any of the Finance Parties (whether present or future, actual or contingent, and irrespective of the branch or office, currency or place of payment) against any credit balance from time to time standing on any account of the Borrower or the Guarantor (as the case may be) (whether current or otherwise and whether or not subject to notice) with any branch of any of the Finance Parties in or towards satisfaction of the Indebtedness and, in the name of that Finance Party, the Borrower or the Guarantor (as the case may be), to do all acts (including, without limitation, converting or exchanging any currency) and execute all documents which may be required to effect such application.
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SET-OFF AND LIEN a. ENBD Capital KSA shall be entitled at any time and without notice to the Client, to retain or make deductions from or set off amounts or credit balances which ENBD Capital KSA may owe to the Client or is holding for the Client in order to meet any liabilities which the Client may have incurred or ENBD Capital KSA may have incurred on the Client's behalf.
SET-OFF AND LIEN. 33.1. ISR shall have a right to affix a lien on any property, (including but without derogating from the generality of the above, devices, machines, equipment, materials, and objections) that belong to the Contractor or its employees, assistants, or agents, including subcontractor, or that was brought to ISR’s premises by it or by them, in order to secure the Contractor’s obligations pursuant to this Agreement. It is hereby agreed that the Contractor shall not have a right to affix a lien with respect to tools and/or materials and/or equipment and/or devices and/or plans and/or documents belonging to ISR and that are in the Contractor’s possession for any reason, and the Contractor shall ensure to include appropriate provisions pursuant to this provision in its agreements with subcontractors.
SET-OFF AND LIEN. The Bank may at any time as permitted by any applicable law, without notice and notwithstanding any settlement of account or other matter whatsoever, combine or consolidate all or any of my (our) then existing accounts in any currency (whether current, deposit, loan or of any other nature whatsoever and whether subject to notice or not and whether held jointly or solely in our name or otherwise) and set off or transfer any sum standing to the credit of any one or more such accounts with the Bank or any of its branches, subsidiaries or Affiliates or any amounts owing to me (us) by the Bank whether actually or contingently, solely or jointly in or towards satisfaction of any of my (our) liabilities to the Bank on any other account or in any other respect whatsoever whether such liabilities be present or future, actual or contingent, primary or collateral and several or joint and the Bank is authorised to purchase with the moneys standing to the credit of any such account such other currencies as may be necessary for this purpose. Where such combination, set-off or transfer requires the conversion of one currency into another, such conversion shall be calculated at the spot rate of exchange (as conclusively determined by the Bank) prevailing on the date of the combination, set-off or transfer. Nothing contained in this Agreement shall restrict the operation of any general right of set-off or other rights or remedies whatsoever which the Bank as bankers may have whether by law or otherwise and this Agreement is in addition to any other indemnity, guarantee, pledge, mortgage or other security right or remedy now or hereafter held by or available to the Bank. For the purpose of this Agreement, the term “Affiliate” includes (without limitation) the parent organisation of the Bank, the branches and subsidiaries of the parent organisation of the Bank and the agents and correspondents of the Bank, irrespective of where the Affiliate is located (whether inside or outside PRC).
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