Mortgages Trustee Indemnity. Subject to the Mortgages Trust Revenue Priority of Payments, the Mortgages Trustee shall indemnify the Account Bank to the extent of funds then standing to the credit of the Mortgages Trustee GIC Account against any loss, cost, damage, charge or expense incurred by the 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 5 contracts
Samples: Account Agreement, Account Agreement (Permanent Funding (No. 2) LTD), Account Agreement (Permanent Funding (No. 2) LTD)
Mortgages Trustee Indemnity. Subject to the Mortgages Trust Revenue Priority of Payments, the Mortgages Trustee shall indemnify the Mortgages Trustee Account Bank to the extent of funds then standing to the credit of the Mortgages Trustee GIC Account against any loss, cost, damage, charge or expense incurred by the Mortgages Trustee 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: Mortgages Trustee Bank Account Agreement, Account Agreement, www.santander.co.uk
