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, except the Trustee's certificate of authentication, shall be taken as the statements of the Company, and the Trustee assumes no responsibility for the correctness of the same. The Trustee makes no representations as to the validity or sufficiency of this Indenture or of the Securities of any series. The Trustee represents that it is duly authorized to execute and deliver this Indenture and perform its obligations hereunder. The Trustee shall not be accountable for the use or application by the Company of any of the Securities of any series or of the proceeds thereof.

Appears in 6 contracts

Samples: Indenture (Illinois Tool Works Inc), Sundstrand Corp /De/, Hussmann International Inc

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Trustee Not Liable for Recitals in Indenture or in Securities. The recitals contained herein and in the Securities, except the Trustee's ’s certificate of authentication, shall be taken as the statements of the Company, and the Trustee assumes no responsibility for the correctness of the same. The Trustee makes no representations as to the validity or sufficiency of this Indenture or of the Securities of any series. The Trustee represents that it is duly authorized to execute and deliver this Indenture and perform its obligations hereunder. The Trustee shall not be accountable for the use or application by the Company of any of the Securities of any series or of the proceeds thereof.

Appears in 2 contracts

Samples: Directors and Employees (Ingredion Inc), Indenture (Pepsiamericas Inc/Il/)

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