Common use of No Liability for Invalidity Clause in Contracts

No Liability for Invalidity. The representations of the Issuer contained herein, in the Debt Agreement and in the Prospectus (except in the Global Agent's certificates of authentication of the Notes) shall be taken as the statements of the Issuer, and neither the Global Agent nor the Exchange Administrator assumes any responsibility for the correctness of the same. Neither the Global Agent nor the Exchange Administrator makes any representation as to the validity or sufficiency of this Agreement or the Notes except for its respective due authorization to execute this Agreement. None of the Global Agent, the Exchange Administrator or any other agent of the Issuer shall be accountable for the use or application by the Issuer of the proceeds of any Notes authenticated and delivered by the Global Agent or exchanged by the Exchange Administrator in conformity with the provisions of this Agreement and of the Notes.