Common use of Not Responsible for Recitals or Issuance of Debentures Clause in Contracts

Not Responsible for Recitals or Issuance of Debentures. The recitals contained herein and in the Debentures, except the Trustee's certificates of authentication, shall be taken as the statements of the Company, and the Trustee assumes no responsibility for their correctness. The Trustee makes no representations as to the validity or sufficiency of this Indenture or of the Debentures. The Trustee shall not be accountable for the use or application by the Company of the Debentures or the proceeds thereof.

Appears in 18 contracts

Samples: Indenture (Westcoast Hospitality Capital Trust), Indenture (Liberty Group Publishing Inc), Indenture (United Rentals Inc /De)

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Not Responsible for Recitals or Issuance of Debentures. The recitals contained herein and in the Debentures, Debentures (except the Trustee's certificates of authentication, ) shall be taken as the statements of the Company, and the Trustee or any Authenticating Agent assumes no responsibility for their correctness. The Trustee makes no representations as to the validity or sufficiency of this Indenture or of the any Debentures. The Trustee or any Authenticating Agent shall not be accountable for the use or application by the Company of the Debentures or the proceeds thereof.

Appears in 7 contracts

Samples: Indenture (Insignia Financing I), Indenture (Federal Mogul Corp), Indenture (Wabash National Corp /De)

Not Responsible for Recitals or Issuance of Debentures. The recitals contained herein and in the Debentures, except the Trustee's certificates of authentication, shall be taken as the statements of the Company, and the Trustee assumes no responsibility for their correctness. The Trustee makes no representations as to the validity or sufficiency of this Indenture or of the Debentures, or with respect to any disclosure or offering materials used in the sale of the Debentures. The Trustee shall not be accountable for the use or application by the Company of the Debentures or the proceeds thereof.

Appears in 3 contracts

Samples: Indenture (Republic Bancshares Inc), Indenture (Republic Bancshares Inc), Indenture (Republic Bancshares Inc)

Not Responsible for Recitals or Issuance of Debentures. The recitals contained herein and in the Debentures, except the Trustee's certificates of authentication, shall be taken as the statements of the Company, and the Trustee assumes no responsibility for their correctness. The Trustee makes no representations as to the validity or sufficiency of this Indenture or of the Debentures. The Trustee shall not be accountable for the use or application by the Company of the Debentures or the proceeds thereof.

Appears in 3 contracts

Samples: Trust Indenture Agreement (SFG Mortgage & Investment Co Inc), Indenture (Lundgren Bros Construction Inc), Indenture (Bankatlantic Bancorp Inc)

Not Responsible for Recitals or Issuance of Debentures. The recitals Recitals contained herein and in the Debentures, except the Trustee's certificates of authentication, shall be taken as the statements of the Company, and neither the Trustee nor any Authenticating Agent assumes no any responsibility for their correctness. The Trustee makes no representations as to the validity or sufficiency of this Indenture or of the Debentures. The Neither the Trustee nor any Authenticating Agent shall not be accountable for the use or application by the Company of the Debentures or the proceeds thereof.

Appears in 3 contracts

Samples: Indenture (Txi Capital Trust I), Indenture (Caremark Rx Inc), Indenture (Gentiva Health Services Inc)

Not Responsible for Recitals or Issuance of Debentures. The recitals contained herein and in the Debentures, except the Trustee's certificates of authentication, shall be taken as the statements of the Company, and the Trustee assumes no responsibility for their correctness. The Trustee makes no representations as to the validity or sufficiency of this Indenture or of the Debentures. The Trustee shall not be accountable for the use or application by the Company or any Paying Agent other than the Trustee of the Debentures or the proceeds thereof.

Appears in 2 contracts

Samples: Indenture (Alpha Technologies Group Inc), Indenture (Systems & Computer Technology Corp)

Not Responsible for Recitals or Issuance of Debentures. The recitals contained herein and in the Debentures, except the Trustee's certificates of authentication, shall be taken as the statements of the CompanyCompany or the Guarantor, as the case may be, and the Trustee assumes no responsibility for their correctness. The Trustee makes no representations as to the validity or sufficiency of this Indenture or of the Debentures. The Trustee shall not be accountable for the use or application by the Company of the Debentures or the proceeds thereof.

Appears in 1 contract

Samples: Indenture (Maxtor Corp)

Not Responsible for Recitals or Issuance of Debentures. The recitals contained herein and in the Debentures, except in the Trustee's certificates of authentication, shall be taken as the statements of the CompanyBank, and the Trustee assumes no responsibility for their correctness. The Trustee makes no representations as to the validity or sufficiency of this Indenture or of the Debentures. The Trustee shall not be accountable for the use or application by the Company Bank of the Debentures or the proceeds thereof.

Appears in 1 contract

Samples: Indenture (First Nationwide Holdings Inc)

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Not Responsible for Recitals or Issuance of Debentures. The recitals contained herein and in the Debentures, except the Trustee's certificates of authentication, shall be taken as the statements of the Company, and the Trustee assumes no responsibility for their correctness. The Trustee makes no representations as to the validity or sufficiency of this Indenture or of the Debentures. The Trustee shall not be accountable for the use or application by the Company of the Debentures or the proceeds thereof.

Appears in 1 contract

Samples: Indenture (Gentiva Health Services Inc)

Not Responsible for Recitals or Issuance of Debentures. The recitals contained herein and in the Debentures, except the Trustee's certificates of authentication, shall be taken as the statements of the Company, and the Trustee or any Authenticating Agent assumes no responsibility for their correctness. The Trustee makes no representations as to the validity or sufficiency of this Indenture or of the Debentures. The Trustee or any Authenticating Agent shall not be accountable for the use or application by the Company of the Debentures or the proceeds thereof.

Appears in 1 contract

Samples: 8.54% Junior Subordinated Deferrable Interest Indenture (Renaissancere Holdings LTD)

Not Responsible for Recitals or Issuance of Debentures. The recitals contained herein and in the Debentures, except the Trustee's certificates of authentication, shall be taken as the statements of the Company, Company and the Trustee assumes no responsibility for their correctness. The Trustee makes no representations as to the validity or sufficiency of this Indenture or of the Debentures. The Trustee shall not be accountable for the use or application by the Company of the Debentures or the proceeds thereof.

Appears in 1 contract

Samples: Indenture (Taylor Investment Corp /Mn/)

Not Responsible for Recitals or Issuance of Debentures. The recitals contained herein and in the Debentures, except the Trustee's certificates of authentication, shall be taken as the statements of the Company, and the Trustee assumes no responsibility for their correctness. The Trustee makes no representations as to the validity or sufficiency of this Subordinated Indenture or of the Debentures. The Trustee shall not be accountable for the use or application by the Company of the Debentures or the proceeds thereof.

Appears in 1 contract

Samples: Junior Convertible Subordinated Indenture (Tower Automotive Inc)

Not Responsible for Recitals or Issuance of Debentures. The recitals contained herein and in the Debentures, except the Trustee's certificates of authentication, shall be taken as the statements of the CompanyCorporation, and the Trustee assumes no responsibility for their correctness. The Trustee makes no representations as to the validity or sufficiency of this Indenture or of the DebenturesDebentures or Coupons. The Trustee shall not be accountable for the use or application by the Company Corporation of the Debentures or the proceeds thereof.

Appears in 1 contract

Samples: Indenture (Alliedsignal Inc)

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