Common use of Compliance with Depositary Procedures Clause in Contracts

Compliance with Depositary Procedures. (1) Each transfer or exchange of a beneficial interest in any Global Note will be made in accordance with the Depositary Procedures. (2) Neither the Trustee nor any Note Agent will have any responsibility for any action taken or not taken by the Depositary. (3) The Trustee will have no responsibility or obligation to any beneficial owner of a Global Note or a Depositary Participant or other Person with respect to the accuracy of the records of the Depositary or its nominee or of

Appears in 1 contract

Sources: Indenture (Peabody Energy Corp)

Compliance with Depositary Procedures. (1) Each transfer or exchange of a beneficial interest in any Global Note will be made in accordance with the Depositary Procedures. (2) . Neither the Trustee nor any Note Agent will have any responsibility for any action actions taken or not taken by the Depositary. (3) The Trustee will have no responsibility or obligation to any beneficial owner of a Global Note or a Depositary Participant or other Person with respect to the accuracy of the records of the Depositary or its nominee or of

Appears in 1 contract

Sources: Indenture (Collegium Pharmaceutical, Inc)

Compliance with Depositary Procedures. (1) Each transfer or exchange of a beneficial interest in any Global Note will be made in accordance with the Depositary Procedures. (2) . Neither the Trustee nor any Note Agent will shall have any responsibility for any action actions taken or not taken by the Depositary. (3) The Trustee will have no responsibility or obligation to any beneficial owner of a Global Note or a Depositary Participant or other Person with respect to the accuracy of the records of the Depositary or its nominee or of

Appears in 1 contract

Sources: Indenture (Realogy Group LLC)