Mortgages Trustee Indemnity. The Mortgages Trustee shall indemnify Account Bank B 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 Account Bank B in complying with any instruction delivered pursuant to and in accordance with this Agreement, save that this indemnity shall not extend to: (a) the charges of Account Bank B (if any) for the operation of the Mortgages Trustee GIC Account other than as provided in this Agreement; and (b) any loss, cost, damage, charge or expense arising from any breach by Account Bank B of its obligations under this Agreement.
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Samples: Bank Account Agreement, Bank Account Agreement, Bank Account Agreement
Mortgages Trustee Indemnity. The Mortgages Trustee shall indemnify the Account Bank B 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 B in complying with any instruction delivered pursuant to and in accordance with this Agreement, save that this indemnity shall not extend to:
(a) the charges of the Account Bank B (if any) for the operation of the Mortgages Trustee 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 B of its obligations under this Agreement.
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