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

Waiver of Right of Set-Off. The Collateral Agent waives, with respect to all of its existing and future claims against the Facility Lessee, all existing and future rights of set-off and banker's liens against the Accounts and subaccounts and all items (and proceeds thereof) that come into its possession in connection with the Accounts.

Appears in 4 contracts

Sources: Security Deposit Agreement (Eme Homer City Generation Lp), Security Deposit Agreement (Eme Homer City Generation Lp), Security Deposit Agreement (Eme Homer City Generation Lp)

Waiver of Right of Set-Off. The Collateral Agent waives, with respect to all of its existing and future claims against the Facility Lessee, all existing and future rights of set-off and banker's liens against the Accounts and subaccounts and all items (and proceeds thereof) that come into its possession in connection with the Accounts.

Appears in 1 contract

Sources: Security Deposit Agreement (Eme Homer City Generation Lp)

Waiver of Right of Set-Off. The Collateral Agent -------------------------- waives, with respect to all of its existing and future claims against the Facility LesseeBorrower, all existing and future rights of set-off and banker's liens against the Accounts and subaccounts and all items (and proceeds thereof) that come into its possession in connection with the Accounts.

Appears in 1 contract

Sources: Security Deposit Agreement (Edison Mission Energy)