Common use of Trustee's Adjustment Disclaimer Clause in Contracts

Trustee's Adjustment Disclaimer. The Trustee has no duty to determine when an adjustment under this Article XII should be made, how it should be made or what it should be. The Trustee shall not be accountable for and makes no representation as to the validity or value of any securities or assets issued upon conversion of any Securities. The Trustee shall not be responsible for the Company's failure to comply with this Article XII.

Appears in 4 contracts

Samples: Indenture (Xto Energy Inc), Xto Energy Inc, Xto Energy Inc

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Trustee's Adjustment Disclaimer. The Trustee has no duty to determine when an adjustment under this Article XII should be made, how it should be made or what the amount it should be. The Trustee shall not be accountable for and makes no representation as to the validity or value of any securities or assets issued upon conversion of any Securities. The Trustee shall not be responsible for the Company's ’s failure to comply with this Article XII.

Appears in 1 contract

Samples: Indenture (Xto Energy Inc)

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Trustee's Adjustment Disclaimer. The Trustee has no duty to determine when an adjustment under this Article XII should be made, how it should be made or what it should be. The Trustee shall not be accountable for and makes no representation as to the validity or value of any securities or assets issued upon conversion of any Securities. The Trustee shall not be responsible for the Company's ’s failure to comply with this Article XII.

Appears in 1 contract

Samples: Indenture (Xto Energy Inc)

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