An applicant has given its counter indemnity to its bankers in connection with a delivery order. Which of the following statements would NOT be included? The applicant:

  (1)( ) indemnifies the bank against all actions, damages and costs.

  (2)( ) undertakes to accept the underlying documents irrespective of discrepancies.

  (3)( ) gives the issuing bank authority to debit its account for the full value pending inspection of the goods.

  (4)( ) undertakes that should the goods form part of a large consignment it will accept that consignment and pay the full value.