Common use of Trustee's and Conversion Agent's Disclaimer Clause in Contracts

Trustee's and Conversion Agent's Disclaimer. Neither the Trustee nor any Conversion Agent has any duty to determine when an adjustment under this Article should be made, how it should be made or what it should be. Neither the Trustee nor any Conversion Agent has any duty to determine whether any provisions of a supplemental indenture under Section 10.16 are correct. Neither the Trustee nor any Conversion Agent makes any representation as to the validity or value of any securities or assets issued upon conversion of Securities. Neither the Trustee nor any Conversion Agent shall be responsible for the Company's failure to comply with this Article.

Appears in 4 contracts

Samples: Indenture (Tele Communications Inc /Co/), Indenture (Tci Communications Inc), Indenture (Tele Communications Inc /Co/)

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Trustee's and Conversion Agent's Disclaimer. Neither the Trustee nor any Conversion Agent has any duty to determine when an adjustment under this Article should be made, how it should be made or what it should be. Neither the Trustee nor any the Conversion Agent has any duty to determine whether any provisions of a supplemental indenture under actions taken by the Company in accordance with Section 10.16 are correctsufficient. Neither the Trustee nor any Conversion Agent makes any representation as to the validity or value of any securities or assets issued upon conversion of Securities. Neither the Trustee nor any Conversion Agent shall be responsible for the Company's failure to comply with this Article.. 52

Appears in 2 contracts

Samples: Indenture (Tci Communications Inc), Indenture (Tele Communications Inc /Co/)

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