Common use of FUNDING 2'S INDEMNITY Clause in Contracts

FUNDING 2'S INDEMNITY. Funding 2 shall indemnify the Account Bank or, pursuant to Clause 6.5, the Funding 2 Security Trustee, as the case may be, to the extent of funds then standing to the credit of the Funding 2 Transaction Account and/or the Funding 2 GIC Account against any loss, cost, damage, charge or expense incurred by the Account Bank or the Funding 2 Security Trustee, as the case may be, in complying with any instruction delivered by Funding 2 pursuant to and in accordance with this Agreement, save that this indemnity shall not extend to: (a) the charges of the Account Bank (if any) for the operation of the Funding 2 Transaction Account and/or the Funding 2 GIC Account other than as provided in this Agreement; and (b) any loss, cost, damage, charge or expense arising from any breach by the Account Bank of its obligations under this Agreement.

FUNDING 2'S INDEMNITY. Funding 2 shall indemnify the Account Bank or, pursuant to Clause 6.5, the Funding 2 Security Trustee, as the case may be, to the extent of funds then standing to the credit of the Funding 2 Transaction Account and/or the Funding 2 GIC Account against any loss, cost, damage, charge or expense incurred by the Account Bank or the Funding 2 Security Trustee, as the case may be, in complying with any instruction delivered by Funding 2 pursuant to and in accordance with this Agreement, save that this indemnity shall not extend to: (a) the charges of the Account Bank (if any) for the operation of the Funding 2 Transaction Account and/or the Funding 2 GIC Account other than as provided in this Agreement; and (b) any loss, cost, damage, charge or expense arising from any breach by the Account Bank of its obligations under this Agreement.

FUNDING 2'S INDEMNITY. Funding 2 shall indemnify the Account Bank or, pursuant to Clause 6.5, the Funding 2 Security Trustee, as the case may be, to the extent of funds then standing to the credit of the Funding 2 Transaction Account and/or Account, the Funding 2 GIC Account and the Funding 2 Collateralised GIC Account and any Funding 2 Eligible GIC Account against any loss, cost, damage, charge or expense incurred by the Account Bank or the Funding 2 Security Trustee, as the case may be, in complying with any instruction delivered by Funding 2 pursuant to and in accordance with this Agreement, save that this indemnity shall not extend to: (a) the charges of the Account Bank (if any) for the operation of the such Funding 2 Transaction Account and/or the Funding 2 GIC Bank Account other than as provided in this Agreement; and (b) any loss, cost, damage, charge or expense arising from any breach by the Account Bank of its obligations under this Agreement.