Common use of Certification Indemnity and Enforcement Notice Clause in Contracts

Certification Indemnity and Enforcement Notice. 11.1 Account Bank to Comply with Administrators' Instructions Unless otherwise directed in writing by the Trustee pursuant to Clause 11.3, in making any transfer or payment from any Account in accordance with this Agreement, the Account Bank shall be entitled to act as directed by PML as Administrator pursuant to Clause 6 (Operating/Release Procedure) and to rely as to the amount of any such transfer or payment on PML's instructions and the Account Bank shall have no liability to the Administrators, the Issuer or the Trustee or any other person for having acted on such instructions except in the case of its wilful default, fraud or negligence.

Certification Indemnity and Enforcement Notice. 11.1 Account Bank to Comply with Administrators' Instructions Instructions‌ Unless otherwise directed in writing by the Trustee pursuant to Clause 11.311.3 (Consequences of an Enforcement Notice), in making any transfer or payment from any Account in accordance with this Agreement, the Account Bank shall be entitled to act as directed by PML as Administrator pursuant to Clause 6 (Operating/Release Procedure) and to rely as to the amount of any such transfer or payment on PML's instructions and the Account Bank shall have no liability to the Administrators, the Issuer or the Trustee or any other person for having acted on such instructions except in the case of its wilful default, fraud or negligence.

Certification Indemnity and Enforcement Notice. 11.1 Account Bank to Comply with Administrators' Administrator's Instructions Unless otherwise directed in writing by the Trustee pursuant to Clause 11.311.3 (Consequences of an Enforcement Notice), in making any transfer or payment from any Account in accordance with this Agreement, the Account Bank shall be entitled to act as directed by PML as the Administrator pursuant to Clause 6 (Operating/Release Procedure) and to rely as to the amount of any such transfer or payment on PMLthe Administrator's instructions and the Account Bank shall have no liability to the AdministratorsAdministrator, the Issuer or the Trustee or any other person for having acted on such instructions except in the case of its wilful default, fraud or negligence.

Certification Indemnity and Enforcement Notice. 11.1 Account Bank to Comply with Administrators' Instructions Instructions‌ Unless otherwise directed in writing by the Trustee pursuant to Clause 11.3, in making any transfer or payment from any Account in accordance with this Agreement, the Account Bank shall be entitled to act as directed by PML as Administrator pursuant to Clause 6 (Operating/Release Procedure) and to rely as to the amount of any such transfer or payment on PML's instructions and the Account Bank shall have no liability to the Administrators, the Issuer or the Trustee or any other person for having acted on such instructions except in the case of its wilful default, fraud or negligence.