Funding 1's Indemnity. Funding 1 shall indemnify the Account Bank or, pursuant to Clause 6.5, the Funding 1 Security Trustee, as the case may be, to the extent of funds then standing to the credit of the Funding 1 Transaction Account and/or the Funding 1 GIC Account against any loss, cost, damage, charge or expense incurred by the Account Bank or the Funding 1 Security Trustee, as the case may be, in complying with any instruction delivered by Funding 1 pursuant to and in accordance with this Agreement, save that this indemnity shall not extend to:
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Samples: Account Agreement, Account Agreement (Permanent Funding (No. 2) LTD), Account Agreement (Permanent Funding (No. 2) LTD)
Funding 1's Indemnity. Funding 1 shall indemnify the Account Bank or, pursuant to Clause 6.5, the Funding 1 Security Trustee, as the case may be, to the extent of funds then standing to the credit of the Funding 1 Transaction Account and/or the Funding 1 GIC Account against any loss, cost, damage, charge or expense incurred by the Account Bank or the Funding 1 Security Trustee, as the case may be, in complying with any instruction delivered by Funding 1 pursuant to and in accordance with this Agreement, save that this indemnity shall not extend to:
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