Common use of Limitations on Trustee Clause in Contracts

Limitations on Trustee. The parties agree that: (a) nothing in this Agreement will impose on the Trustee any obligation to see to, or to require evidence of, the registration or filing (or renewal thereof) of this indenture or any instrument ancillary or supplemental hereto; (b) the Trustee shall not be bound to give notice to any person of the execution hereof; (c) the Trustee shall not incur any liability or responsibility whatever or be in any way responsible for the consequences of any breach by the Company of any obligation herein contained or of any act of any director, officer, employee or agent of the Company; and (d) the Trustee and any person related to the Trustee will not be appointed a receiver or receiver and manager or liquidator of all or any part of the assets or undertaking of the Company.