Common use of No Obligation of the Trustee Clause in Contracts

No Obligation of the Trustee. (i) The Trustee shall have no responsibility or obligation to any beneficial owner of a Global Security, Agent Member or other Person with respect to the accuracy of the records of the Depository or its nominee or of any Agent Member, with respect to any ownership interest in the Securities or with respect to the delivery to any Agent Member, beneficial owner or other Person (other than the Depository) of any notice (including any notice of redemption) or the payment of any amount, under or with respect to such Securities. All notices and communications to be given to the Holders and all payments to be made to Holders under the Securities shall be given or made only to or upon the order of the registered Holders (which shall be the Depository or its nominee in the case of a Global Security). The rights of beneficial owners in any Global Security shall be exercised only through the Depository subject to the applicable rules and procedures of the Depository. The Trustee may rely and shall be fully protected in relying upon information furnished by the Depository with respect to its Agent Member and any beneficial owners.

No Obligation of the Trustee. (i) The Trustee shall have no responsibility or obligation to any beneficial owner of a Global Security, Agent Member or other Person with respect to the accuracy of the records of the Depository or its nominee or of any Agent Member, with respect to any ownership interest in the Securities or with respect to the delivery to any Agent Member, beneficial owner or other Person (other than the Depository) of any notice (including any notice of redemption) or the payment of any amount, under or with respect to such Securities. All notices and communications to be given to the Holders and all payments to be made to Holders under the Securities shall be given or made only to or upon the order of the registered Holders (which shall be the Depository or its nominee in the case of a Global Security). The rights of beneficial owners in any Global Security shall be exercised only through the Depository subject to the applicable rules and procedures of the Depository. The Trustee may conclusively rely and shall be fully protected in relying upon information furnished by the Depository with respect to its Agent Member Members and any beneficial owners.

No Obligation of the Trustee. (i) The Trustee shall have no responsibility or obligation to any beneficial owner of a Global Security, any Agent Member or other Person with respect to the accuracy of the records of the Depository Depositary or its nominee or of any Agent Memberparticipant or member thereof, with respect to any ownership interest in the Securities or with respect to the delivery to any Agent Memberparticipant, member, beneficial owner or other Person (other than the DepositoryDepositary) of any notice (including any notice of redemption) or the payment of any amount, under or with respect to such Securities. All notices and communications to be given to the Holders and all payments to be made to Holders under the Securities shall be given or made only to or upon the order of the registered Holders (which shall be the Depository Depositary or its nominee in the case of a Global Security). The rights of beneficial owners in any Global Security shall be exercised only through the Depository Depositary subject to the applicable rules and procedures of the DepositoryDepositary. The Trustee may rely conclusively and shall be fully protected in relying upon information furnished by the Depository Depositary with respect to its Agent Member members, participants and any beneficial owners.

No Obligation of the Trustee. (i) The Trustee shall have no responsibility or obligation to any beneficial owner of a Global SecurityNote, any Agent Member or any other Person with respect to the accuracy of the records of the Depository Depositary or its nominee or of any Agent Member, with respect to any beneficial ownership interest in the Securities Notes or with respect to the delivery to any beneficial owner, Agent Member, beneficial owner Member or other Person (other than the DepositoryDepositary) of any notice (including any notice of redemptionredemption or repurchase) or the payment of any amount, under or with respect to such SecuritiesNotes. All notices and communications to be given to the Holders and all payments to be made to Holders under the Securities Notes shall be given or made only to or upon the order of the registered Holders (which shall be the Depository Depositary or its nominee in the case of a Global SecurityNote). The rights of beneficial owners in any Global Security Note shall be exercised only through the Depository Depositary subject to the applicable rules and procedures Applicable Procedures of the DepositoryDepositary. The Trustee may rely and shall be fully protected in relying upon information furnished by the Depository Depositary with respect to its Agent Member and any beneficial ownersowners and Agent Members.

No Obligation of the Trustee. (i) The Trustee shall have no responsibility or obligation to any beneficial owner of a Global SecurityIndirect Participant, Agent Member Participant or other Person with respect to the accuracy of the records of the Depository Depositary or its nominee or of any Agent Member, Participant with respect to any ownership interest in the Securities Notes or with respect to the delivery to any Agent MemberIndirect Participant, beneficial owner Participant or other Person (other than the DepositoryDepositary) of any notice (including any notice of redemption) or the payment of any amount, under or with respect to such SecuritiesNotes. All notices and communications to be given to the Holders and all payments to be made to Holders under the Securities Notes shall be given or made only to or upon the order of the registered Holders (which shall be the Depository Depositary or its nominee in the case of a the Global SecurityNote). The rights of beneficial owners in any Global Security Indirect Participants shall be exercised only through the Depository Depositary subject to the applicable rules and procedures of the DepositoryDepositary. The Trustee may rely and shall be fully protected in relying upon information furnished by the Depository Depositary with respect to its Agent Member Participants and any beneficial ownersIndirect Participants.

No Obligation of the Trustee. (i) The Trustee shall have no responsibility or obligation to any beneficial owner of a Global Security, Agent Member Note or other Person with respect to the accuracy of the records of the Depository or its nominee or of any Agent MemberMember thereof, with respect to any ownership interest in the Securities Notes or with respect to the delivery to any Agent Member, beneficial owner or other Person (other than the Depository) of any notice (including any notice of redemption) or the payment of any amount, under or with respect to such SecuritiesNotes. All notices and communications to be given to the Holders Holders, and all payments to be made to Holders under the Securities Notes, shall be given or made only to or upon the order of the registered Holders (which shall be the Depository or its nominee in the case of a Global SecurityNote). The rights of beneficial owners in any Global Security Note shall be exercised only through the Depository Depository, subject to the applicable rules and procedures of the Depository. The Trustee may rely and shall be fully protected in relying upon information furnished by the Depository with respect to its Agent Member Members and any beneficial owners.

No Obligation of the Trustee. (i) The Trustee shall have no responsibility or obligation to any beneficial owner of a Global SecurityNote, Agent Member a Participant or other Person with respect to any ownership interest in the Notes, with respect to the accuracy of the records of the Depository Depositary or its nominee or of any Agent Member, with respect to any ownership interest in the Securities Participant thereof or with respect to the delivery to any Agent Memberparticipant, member, beneficial owner or other Person (other than the DepositoryDepositary) of any notice (including any notice of redemption) or the payment of any amount, under or with respect to such SecuritiesNotes. All notices and communications to be given to the Holders and all payments to be made to Holders under the Securities Notes shall be given or made only to or upon the order of the registered Holders (which shall be the Depository Depositary or its nominee in the case of a Global SecurityNote). The rights of beneficial owners in any Global Security Note in global form shall be exercised only through the Depository Depositary subject to the applicable rules and procedures of the DepositoryDepositary. The Trustee may rely and shall be fully protected and indemnified pursuant to Section 7.07 in relying upon information furnished by the Depository Depositary with respect to its Agent Member and any beneficial owners, its members and participants.

No Obligation of the Trustee. (i) The Trustee shall have no responsibility or obligation to any beneficial owner of a Global Security, Agent Member a member of, or a participant in the Depositary or any other Person with respect to the accuracy of the records of the Depository Depositary or its nominee or of any Agent Memberparticipant or member thereof, with respect to any ownership interest in the Securities or with respect to the delivery to any Agent Memberparticipant, member, beneficial owner or other Person (other than the DepositoryDepositary) of any notice (including any notice of redemption) or the payment of any amount, under or with respect to such Securities. All notices and communications to be given to the Holders and all payments to be made to Holders under the Securities shall be given or made only to or upon the order of the registered Holders (which shall be the Depository Depositary or its nominee in the case of a Global Security). The rights of beneficial owners in any Global Security shall be exercised only through the Depository Depositary subject to the applicable rules and procedures of the DepositoryDepositary. The Trustee may rely and shall be fully protected in relying upon information furnished by the Depository Depositary with respect to its Agent Member members, participants and any beneficial owners.

No Obligation of the Trustee. (i1) The Trustee shall have no responsibility or obligation to any beneficial owner of a Global Security, any Agent Member Member, or any other Person with respect to the accuracy of the records of the Depository Depositary or its nominee or of any Agent Member, with respect to any ownership interest in the Securities or with respect to the delivery to any Agent Memberparticipant, member, beneficial owner or other Person (other than the DepositoryDepositary) of any notice (including any notice of redemptionredemption or repurchase) or the payment of any amount, under or with respect to such Securities. All notices and communications to be given to the Holders and all payments to be made to Holders under the Securities shall be given or made only to or upon the order of the registered Holders (which shall be the Depository Depositary or its nominee in the case of a Global Security). The rights of beneficial owners in any Global Security shall be exercised only through the Depository Depositary subject to the applicable rules and procedures of the DepositoryDepositary. The Trustee may rely and shall be fully protected in relying upon information furnished by the Depository Depositary with respect to its Agent Member members, participants and any beneficial owners.

No Obligation of the Trustee. (i) The Trustee shall have no responsibility or obligation to any beneficial owner of a Global Security, Agent Member Note or other Person with respect to the accuracy of the records of the Depository Depositary or its nominee or of any Agent MemberMember thereof, with respect to any ownership interest in the Securities Notes or with respect to the delivery to any Agent Member, beneficial owner or other Person (other than the DepositoryDepositary) of any notice (including any notice of redemption) or the payment of any amount, under or with respect to such SecuritiesNotes. All notices and communications to be given to the Holders Holders, and all payments to be made to Holders under the Securities Notes, shall be given or made only to or upon the order of the registered Holders (which shall be the Depository Depositary or its nominee in the case of a Global SecurityNote). The rights of beneficial owners in any Global Security Note shall be exercised only through the Depository Depositary, subject to the applicable rules and procedures of the DepositoryDepositary. The Trustee may rely and shall be fully protected in relying upon information furnished by the Depository Depositary with respect to its Agent Member Members and any beneficial owners.

No Obligation of the Trustee. (i) The Trustee shall have no responsibility or obligation to any beneficial owner of a Global SecurityNote, Agent Member or other Person with respect to the accuracy of the records of the Depository or its nominee or of any Agent Member, with respect to any ownership interest in the Securities Notes or with respect to the delivery to any Agent Member, beneficial owner or other Person (other than the Depository) of any notice (including any notice of redemption) or the payment of any amount, under or with respect to such SecuritiesNotes. All notices and communications to be given to the Holders and all payments to be made to Holders under the Securities Notes shall be given or made only to or upon the order of the registered Holders (which shall be the Depository or its nominee in the case of a Global SecurityNote). The rights of beneficial owners in any Global Security Note shall be exercised only through the Depository subject to the applicable rules and procedures of the Depository. The Trustee may rely and shall be fully protected in relying upon information furnished by the Depository with respect to its Agent Member Members and any beneficial owners.

No Obligation of the Trustee. (i) The Trustee shall have no responsibility or obligation to any beneficial owner of a Global Security, any Agent Member Member, or any other Person with respect to the accuracy of the records of the Depository Depositary or its nominee or of any Agent Member, with respect to any ownership interest in the Securities or with respect to the delivery to any Agent Memberparticipant, member, beneficial owner or other Person (other than the DepositoryDepositary) of any notice (including any notice of redemptionredemption or repurchase) or the payment of any amount, under or with respect to such Securities. All notices and communications to be given to the Holders and all payments to be made to Holders under the Securities shall be given or made only to or upon the order of the registered Holders (which shall be the Depository Depositary or its nominee in the case of a Global Security). The rights of beneficial owners in any Global Security shall be exercised only through the Depository Depositary subject to the applicable rules and procedures of the DepositoryDepositary. The Trustee may rely and shall be fully protected in relying upon information furnished by the Depository Depositary with respect to its Agent Member members, participants and any beneficial owners.

No Obligation of the Trustee. (i) The Trustee shall have no responsibility or obligation to any beneficial owner of a Global Security, Agent Member or other Person with respect to the accuracy of the records of the Depository or its nominee or of any Agent Member, with respect to any ownership interest in the Securities or with respect to the delivery to any Agent Member, beneficial owner or other Person (other than the Depository) of any notice (including any notice of redemption) or the payment of any amount, under or with respect to such Securities. All notices and communications to be given to the Holders and all payments to be made to Holders under the Securities shall be given or made only to or upon the order of the registered Holders (which shall be the Depository or its nominee in the case of a Global Security). The rights of beneficial owners in any Global Security shall be exercised only through the Depository subject to the applicable rules and procedures of the Depository. The Trustee may conclusively rely and shall be fully protected in relying upon information furnished by the Depository with respect to its Agent Member Members and any beneficial owners.. [[NYCORP:2552346v6:4259b:11/07/05--10:59 p]]

No Obligation of the Trustee. (ia) The Trustee shall have no responsibility or obligation to any beneficial owner of a Global Security, Agent Member Security or a participant in the Depository or other Person with respect to the accuracy of the records of the Depository or its nominee or of any Agent Memberparticipant, with respect to any ownership interest in the Securities or with respect to the delivery to any Agent Memberparticipant, member, beneficial owner or other Person (other than the Depository) of any notice (including any notice of redemption) or the payment of any amount, under or with respect to such Securities. All notices and communications to be given to the Holders Holder and all payments to be made to Holders under the Securities shall be given or made only to or upon the order of the registered Holders (which shall be the Depository or its nominee in the case of a Global Security). The rights of 51 45 beneficial owners in any Global Security shall may only be exercised only through the Depository subject to the applicable rules and procedures of the DepositoryApplicable Procedures. The Trustee may rely and shall be fully protected in relying upon information furnished by the Depository with respect to its Agent Member members, participants and any beneficial owners.

No Obligation of the Trustee. (i) The Trustee shall have no responsibility or obligation to any beneficial owner of a Global Security, Agent Member or other Person with respect to the accuracy of the records of the Depository Depositary or its nominee or of any Agent Member, with respect to any ownership interest in the Securities or with respect to the delivery to any Agent Member, beneficial owner or other Person (other than the DepositoryDepositary) of any notice (including any notice of redemption) or the payment of any amount, under or with respect to such Securities. All notices and communications to be given to the Holders and all payments to be made to Holders under the Securities shall be given or made only to or upon the order of the registered Holders (which shall be the Depository Depositary or its nominee in the case of a Global Security). The rights of beneficial owners in any Global Security shall be exercised only through the Depository Depositary subject to the applicable rules and procedures of the DepositoryDepositary. The Trustee may rely and shall be fully protected in relying upon information furnished by the Depository Depositary with respect to its Agent Member and any beneficial owners.

No Obligation of the Trustee. (i) The 1)The Trustee shall have no responsibility or obligation to any beneficial owner of a Global SecurityBond, Agent Member a member of, or a Participant in the Depository or other Person with respect to the accuracy of the records of the Depository or its nominee or of any Agent MemberParticipant or member thereof, with respect to any ownership interest in the Securities Bonds or with respect to the delivery to any Agent MemberParticipant, member, beneficial owner or other Person (other than the Depository) of any notice (including any notice of redemption) or the payment ​ ​ ​ of any amount, under or with respect to such SecuritiesBonds. All notices and communications to be given to the Holders and all payments to be made to Holders under the Securities Bonds shall be given or made only to or upon the order of the registered Holders (which shall be the Depository or its nominee in the case of a Global SecurityBond). The rights of beneficial owners in any Global Security Bond shall be exercised only through the Depository subject to the applicable rules and procedures of the Depository. The Trustee may rely and shall be fully protected in relying upon information furnished by the Depository with respect to its Agent Member members, Participants and any beneficial owners.

No Obligation of the Trustee. (ia) The Trustee shall have no responsibility or obligation to any beneficial owner of a Global Security, Agent Member Security or a participant in the Depository or other Person with respect to the accuracy of the records of the Depository or its nominee or of any Agent Memberparticipant, with respect to any ownership interest in the Securities or with respect to the delivery to any Agent Memberparticipant, member, beneficial owner or other Person (other than the Depository) of any notice (including any notice of redemption) or the payment of any amount, under or with respect to such Securities. All notices and communications to be given to the Holders Holder and all payments to be made to Holders under the Securities shall be given or made only to or upon the order of the registered Holders (which shall be the Depository or its nominee in the case of a Global Security). The rights of beneficial owners in any Global Security shall may only be exercised only through the Depository subject to the applicable rules and procedures of the DepositoryApplicable Procedures. The Trustee may rely and shall be fully protected in relying upon information furnished by the Depository with respect to its Agent Member members, participants and any beneficial owners.

No Obligation of the Trustee. (i) The Trustee shall have no responsibility or obligation to any beneficial owner of in a Global SecurityNote, Agent Member a member of, or a participant in the Depositary or other Person with respect to the accuracy of the records of the Depository Depositary or its nominee or of any Agent Memberparticipant or member thereof, with respect to any ownership interest in the Securities Notes or with respect to the delivery to any Agent Memberparticipant, member, beneficial owner or other Person (other than the DepositoryDepositary) of any notice (including any notice of redemption) or the payment of any amount, under or with respect to such SecuritiesNotes. All notices and communications to be given to the Holders and all payments to be made to Holders under the Securities Notes shall be given or made only to or upon the order of the registered Holders (which shall be the Depository Depositary or its nominee in the case of a Global SecurityNote). The rights of beneficial owners in any a Global Security Note shall be exercised only through the Depository Depositary subject to the applicable rules and procedures of the DepositoryDepositary. The Trustee may rely and shall be fully protected in relying upon information furnished by the Depository Depositary with respect to its Agent Member members, participants and any beneficial owners.

No Obligation of the Trustee. (i) The Trustee shall have no responsibility or obligation to any beneficial owner of a Global SecurityBond, Agent Member or other Person person with respect to the accuracy of the records of the Depository or its nominee or of any Agent Member, with respect to any ownership interest in the Securities Bonds or with respect to the delivery to any Agent Member, beneficial owner or other Person person (other than the Depository) of any notice (including any notice of redemption) or the payment of any amount, under or with respect to such SecuritiesBonds. All notices and communications to be given to the Holders and all payments to be made to Holders under the Securities Bonds shall be given or made only to or upon the order of the registered Holders (which shall be the Depository or its nominee in the case of a Global SecurityBond). The rights of beneficial owners in any Global Security Bond shall be exercised only through the Depository subject to the applicable rules and procedures of the Depository. The Trustee may rely and shall be fully protected in relying upon information furnished by the Depository with respect to its Agent Member Members and any beneficial owners.