Common use of Company’s Obligation Clause in Contracts

Company’s Obligation. All calculations, adjustments, conversions and other determinations under this Article 12 shall be the sole responsibility and obligation of the Company. The Trustee (a) shall have no obligation to review, verify, challenge or contest any such calculation, adjustment, conversion or other determination and (b) shall not be liable for any default or error by the Company under this Article 12.

Appears in 6 contracts

Samples: Indenture (Transwitch Corp /De), Indenture (Transwitch Corp /De), Indenture (Transwitch Corp /De)

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Company’s Obligation. All calculations, adjustments, conversions and other determinations under this Article 12 shall be the sole responsibility and obligation of the Company. The Trustee (a) shall have no obligation to review, verify, challenge or contest any such calculation, adjustment, conversion or other determination and (b) shall not be liable for any default or error by the Company under this Article 12.

Appears in 4 contracts

Samples: Indenture (Interliant Inc), Indenture (Interliant Inc), Indenture (Earthweb Inc)

Company’s Obligation. All calculations, adjustments, conversions and other determinations under this Article 12 13 shall be the sole responsibility and obligation of the Company. The Trustee (a) shall have no obligation to review, verify, challenge or contest any such calculation, adjustment, conversion or other determination and (b) shall not be liable for any default or error by the Company under this Article 1213.

Appears in 3 contracts

Samples: Indenture (Commscope Inc), Indenture (Internet Capital Group Inc), Indenture (Internet Capital Group Inc)

Company’s Obligation. All calculations, adjustments, conversions and other determinations under this Article 12 shall be -- the sole responsibility and obligation of the Company. The Trustee (a) shall have no obligation to review, verify, challenge or contest any such calculation, adjustment, conversion or other determination and (b) shall not be liable for any default or error by the Company under this Article 12.. --

Appears in 1 contract

Samples: Indenture (Interliant Inc)

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Company’s Obligation. All calculations, adjustments, conversions and other determinations under this Article 12 shall be the sole -- responsibility and obligation of the Company. The Trustee (a) shall have no obligation to review, verify, challenge or contest any such calculation, adjustment, conversion or other determination and (b) shall not be liable for any default or error by the Company under this Article 12.. -- [THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK]

Appears in 1 contract

Samples: Indenture (Transwitch Corp /De)

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