Common use of Liability of Account Bank Clause in Contracts

Liability of Account Bank. Each Lender agrees to the terms of the appointment of the Account Bank and confirms that the Account Bank has no liability to the Lenders in respect of amounts withdrawn from any Account (in accordance with this Agreement and the Accounts Charge Agreement). Notwithstanding the provisions of Clause 1.2(c) (Construction), the Account Bank may enforce the terms of this Clause 12.13 as if it were a party to this Agreement.

Liability of Account Bank. Each Lender agrees to the terms of the appointment of the Account Bank and confirms that the Account Bank has no liability to the Lenders in respect of amounts withdrawn from any Account (in accordance with this Agreement and the Accounts Charge Agreement). Notwithstanding the provisions of Clause 1.2(c) 1.3 (ConstructionThird Party Rights), the Account Bank may enforce the terms of this Clause 12.13 20.10 as if it were a party to this Agreement.

Liability of Account Bank. Each Lender agrees to the terms of the appointment of the Account Bank and confirms that the Account Bank has no liability to the Lenders in respect of amounts withdrawn from any Account (in accordance with this Agreement and the Owner Accounts Charge Agreement). Notwithstanding the provisions of Clause 1.2(c) (Construction), the Account Bank may enforce the terms of this Clause 12.13 12.17 as if it were a party to this Agreement.

Liability of Account Bank. Each Lender agrees to the terms of the appointment of the Account Bank and confirms that the Account Bank has no liability to the Lenders in respect of amounts withdrawn from any Account (in accordance with this Agreement and the Owner Accounts Charge Agreement and the Bareboat Charterer Accounts Charge Agreement). Notwithstanding the provisions of Clause 1.2(c) (Construction), the Account Bank may enforce the terms of this Clause 12.13 12.16 as if it were a party to this Agreement.