Common use of Instructions from the Administrators Clause in Contracts

Instructions from the Administrators. (a) PML as Administrator shall submit to the Account Bank irrevocable instructions in the manner set out in Clause 6 (Operating/Release Procedure) for any payment which is due to be made from any Additional Account, in accordance with the terms of the Relevant Documents. (b) Subject to Clause 11.3 (Consequences of an Enforcement Notice), the Account Bank shall comply with the instructions described in Clause 5.3(a).

Instructions from the Administrators. (a) PML as Administrator shall submit to the Account Bank irrevocable instructions in the manner set out in Clause 6 (Operating/Release Procedure) for any payment which is due to be made from any Additional Account, in accordance with the terms of the Relevant Documents.Documents.‌ (b) Subject to Clause 11.3 (Consequences of an Enforcement Notice), the Account Bank shall comply with the instructions described in Clause 5.3(a).

Instructions from the Administrators. (a) PML as Administrator shall submit to the Account Bank irrevocable instructions in the manner set out in Clause 6 (Operating/Release Procedure) for any payment which is due to be made from any Additional Account, in accordance with the terms of the Relevant Documents.Documents.‌ (b) Subject to Clause 11.3 (Consequences of an Enforcement Notice)11.3, the Account Bank shall comply with the instructions described in Clause 5.3(a).