Common use of No Security Interest Clause in Contracts

No Security Interest. Nothing in this Annex is intended to create or does create in favour of either party any mortgage, charge, lien, pledge, encumbrance or other security interest in any cash or other property transferred by one party to the other party under the terms of this Annex.

Appears in 146 contracts

Sources: Credit Support Annex, Credit Support Annex, Credit Support Annex

No Security Interest. Nothing in this Annex is intended to create or does create in favour of either party Party any mortgage, charge, lien, pledge, encumbrance or other security interest in any cash or other property transferred by one party Party to the other party Party under the terms of this Annex.

Appears in 2 contracts

Sources: Credit Support Annex, Credit Support Annex

No Security Interest. Nothing in this Annex is intended to create or does create in favour of either party Party any mortgage, charge, lien, pledge, encumbrance or other security interest in any cash or other property transferred by one party Party to the other party Party under the terms of this Annex.. Clause8 Dispute Resolution

Appears in 2 contracts

Sources: Credit Support Annex, Credit Support Annex