Common use of Preference Warrant Agent's Adjustment Disclaimer Clause in Contracts

Preference Warrant Agent's Adjustment Disclaimer. The Preference Warrant Agent shall have no duty to determine when an adjustment under this Article V should be made, how it should be made or what it should be. The Preference Warrant Agent shall have no duty to determine whether a supplemental warrant agreement under paragraph (f) need be entered into or whether any provisions of any supplemental warrant agreement are correct. The Preference Warrant Agent shall not be accountable for and makes no representation as to the validity or value of any securities or assets issued upon exercise of Preference Warrants. The Preference Warrant Agent shall not be responsible for the Company's failure to comply with this Article V.