Funding's Indemnity. Funding shall indemnify (i) Account Bank A to the extent of funds then standing to the credit of the Funding Transaction Account and (ii) Account Bank B to the extent of funds then standing to the credit of the Funding GIC Account, against any loss, cost, damage, charge or expense incurred by the relevant Account Bank in complying with any instruction delivered pursuant to and in accordance with this Agreement, save that this indemnity shall not extend to:
Appears in 3 contracts
Samples: Account Agreement, Account Agreement, Account Agreement
Funding's Indemnity. Funding shall indemnify (i) the Account Bank A to the extent of funds then standing to the credit of the Funding Transaction Account and (ii) Account Bank B to the extent of funds then standing to the credit of and/or the Funding GIC Account, Account against any loss, cost, damage, charge or expense incurred by the relevant Account Bank in complying with any instruction delivered pursuant to and in accordance with this Agreement, save that this indemnity shall not extend to:
Appears in 1 contract
Samples: Holmes Funding LTD
