The Trustee not Responsible for Recitals, Etc. (a) The Recitals contained herein and in the Debentures shall be taken as the statements of the Company, and the Trustee assumes no responsibility for the correctness of the same. (b) The Trustee makes no representations as to the validity or sufficiency of this Indenture or of the Debentures. (c) The Trustee shall not be accountable for the use or application by the Company of any of the Debentures or of the proceeds of such Debentures, or for the use or application of any moneys paid over by the Trustee in accordance with any provision of this Indenture, or for the use or application of any moneys received by any Paying Agent other than the Trustee.
Appears in 15 contracts
Samples: Indenture (S Y Bancorp Inc), Indenture (Itla Capital Corp), Indenture (S.Y. Bancorp Capital Trust II)
The Trustee not Responsible for Recitals, Etc. (a) The Recitals contained herein and in the Debentures shall be taken as the statements of the Company, and the Trustee assumes no responsibility for the correctness of the same.
(b) The Trustee makes no representations as to the validity or sufficiency of this Indenture or of the Debentures.
(c) The Trustee shall not be accountable for the use or application by the Company of any of the Debentures or of the proceeds of such Debentures, or for the use or application of any moneys money paid over by the Trustee in accordance with any provision of this Indenture, or for the use or application of any moneys money received by any Paying Agent other than the Trustee.
Appears in 4 contracts
Samples: Indenture (First Busey Statutory Trust V), Indenture (Team Financial Capital Trust I), Indenture (First Busey Capital Trust I)
