Common use of Trustee Not Liable for Recitals in Indenture or in Securities Clause in Contracts

Trustee Not Liable for Recitals in Indenture or in Securities. The recitals contained herein and in the Securities (other than the certificate of authentication on the Securities) shall be taken as the statements of the Company, and the Trustee does not assume any responsibility for their correctness. The Trustee makes no representations as to the validity or sufficiency of this Indenture or of the Securities. The Trustee shall not be accountable for the use or application by the Company of the proceeds of the Securities of any series.

Appears in 11 contracts

Samples: Indenture (Aon PLC), Indenture, Junior Subordinated Indenture (Dominion Resources Inc /Va/)

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Trustee Not Liable for Recitals in Indenture or in Securities. The recitals contained herein and in the Securities (other than the certificate Certificate of authentication Authentication on the Securities) shall be taken as the statements of the Company, and the Trustee does not assume any assumes no responsibility for their correctness. The Trustee makes no representations as to the validity or sufficiency of this Indenture or correctness of the Securities. The Trustee shall not be accountable for the use or application by the Company of the proceeds of the Securities of any seriessame.

Appears in 5 contracts

Samples: Indenture for Subordinated Debt Securities (Telephone & Data Systems Inc /De/), Indenture for Subordinated Debt Securities (United States Cellular Corp), Indenture for Subordinated Debt Securities (United States Cellular Corp)

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Trustee Not Liable for Recitals in Indenture or in Securities. The recitals contained herein and in the Securities (other than the certificate of authentication on the Securities) shall be taken as the statements of the Company, and the Trustee does not assume any assumes no responsibility for their correctnessthe correctness of the same. The Trustee makes no representations as to the validity or sufficiency of this Indenture or of the Securities. The Trustee shall not be accountable for the use or application by the Company of the proceeds any of the Securities or of any seriesthe proceeds thereof.

Appears in 3 contracts

Samples: Indenture (Bear Stearns Capital Trust V), Indenture (Bear Stearns Companies Inc), Indenture (Wells Fargo Capital Iii)

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