Common use of CERTIFICATION, INDEMNITY AND NOTE ACCELERATION NOTICE Clause in Contracts

CERTIFICATION, INDEMNITY AND NOTE ACCELERATION NOTICE. 7.1 Collateral Account Bank to Comply with Instructions Unless otherwise directed in writing by the Security Trustee pursuant to Clause 7.4 (Consequences of a Note Acceleration Notice), in making any transfer or payment from a Collateral Account in accordance with this Agreement, the Collateral Account Bank shall be entitled to act as directed by the Cash Manager pursuant to Clauses 3.1 (Instructions from the Cash Manager) and 3.2 (Timing of Payment) and to rely as to the amount of any such transfer or payment on the Cash Manager's instructions given in accordance with this Agreement and the Collateral Account Bank shall not have any liability to the Cash Manager, the Issuer, the Seller or the Security Trustee for having acted on such instructions except in the case of its wilful default, fraud or gross negligence.

CERTIFICATION, INDEMNITY AND NOTE ACCELERATION NOTICE. 7.1 6.1 Collateral Account Bank to Comply with Instructions Unless otherwise directed in writing by the Security Trustee pursuant to Clause 7.4 6.4 (Consequences of a Note Acceleration Notice), in making any transfer or payment from a the Collateral Account in accordance with this Agreement, the Collateral Account Bank shall be entitled to act as directed by the Cash Manager any Authorised Representative pursuant to Clauses 3.1 (Instructions from the Cash ManagerInstructions) and 3.2 (Timing of Payment) and to rely as to the amount of any such transfer or payment on the Cash Managersuch Authorised Representative's instructions given in accordance with this Agreement and the Collateral Account Bank shall not have any liability to the Cash Manager, the Issuer, the Seller or the Security Trustee for having acted on such instructions except in the case of its wilful default, fraud or gross negligence.

CERTIFICATION, INDEMNITY AND NOTE ACCELERATION NOTICE. 7.1 6.1 Collateral Account Bank to Comply with Instructions Unless otherwise directed in writing by the Security Trustee pursuant to Clause 7.4 6.4 (Consequences of a Note Acceleration Notice), in making any transfer or payment from a Collateral Account in accordance with this Agreement, the Collateral Account Bank shall be entitled to act as directed by the Cash Manager any Authorised Representative pursuant to Clauses 3.1 (Instructions from the Cash ManagerInstructions) and 3.2 (Timing of Payment) and to rely as to the amount of any such transfer or payment on the Cash Managersuch Authorised Representative's instructions given in accordance with this Agreement and the Collateral Account Bank shall not have any liability to the Cash Manager, the Issuer, the Seller or the Security Trustee for having acted on such instructions except in the case of its wilful default, fraud or gross negligence.