Role of Account Bank. 7.1 For the avoidance of doubt, notwithstanding any instructions from the Issuer, the Security Trustee or otherwise, the Account Bank shall only be required to make payments from any of the Accounts to the extent that funds are standing to the credit of the respective Account and the Account Bank shall not be required to make any payment from such Account where such payment would place the respective Account in debit. The Account Bank shall not incur any liability for any non-distribution in circumstances where there are insufficient funds standing to the credit of the Accounts.
Appears in 8 contracts
Samples: Account Agreement, Account Agreement, Confidential Final
