Common use of Compliance Responsibility Clause in Contracts

Compliance Responsibility. None of the Trustee (notwithstanding the representations and warranties of SSBTC in Section 4.02 hereof), the Agent or any Purchaser shall have any responsibility for compliance by the Property or by the Company with any Law, architectural or engineering standards or practices or other matters. The Company expressly assumes such responsibilities and shall indemnify and hold harmless the Trustee, the Agent and the Note and Certificate Purchasers with respect thereto in the manner provided in the Lease.

Appears in 2 contracts

Samples: Participation Agreement (Ferro Corp), Participation Agreement (Ferro Corp)

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Compliance Responsibility. None of the Trustee (notwithstanding the representations and warranties of SSBTC in Section 4.02 hereof), the Agent or any Purchaser shall have any responsibility for compliance by the Property or by the Company with any Law, architectural or engineering standards or practices or other matters. The Company expressly assumes such responsibilities and shall indemnify and hold harmless the Trustee, the 38 Agent and the Note and Certificate Purchasers with respect thereto in the manner provided in the Lease.

Appears in 1 contract

Samples: Participation Agreement (Ferro Corp)

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Compliance Responsibility. None of the Trustee (notwithstanding the representations and warranties of SSBTC in Section Sections 4.02 and 4.03 hereof), the Agent Agent, VCMI or any Purchaser shall have any responsibility for compliance by the Property or by the Company with any Law, architectural or engineering standards or practices or other matters. The Company expressly assumes such responsibilities and shall indemnify and hold harmless the Trustee, the Agent Agent, VCMI and the Note and Certificate Purchasers with respect thereto in the manner provided in the Lease.

Appears in 1 contract

Samples: Participation Agreement (Geon Co)

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