Common use of No Liability for Invalidity Clause in Contracts

No Liability for Invalidity. The recitals contained in the Notes (except in the certificate of authentication of a duly authorized officer or a duly appointed signatory of the Fiscal Agent) shall be taken as the statements of FMS-WM, and the Agents assume no responsibility for the correctness of the same. The Agents do not make any representation (other than with respect to themselves) as to the validity or sufficiency of this Agreement or the Notes, except each Agent’s due authorization, execution and delivery of this Agreement. The Agents shall not be accountable for the use or application by FMS-WM of any of the Notes or the proceeds thereof.