Indenture Trustee Not Responsible for Recitals Clause Samples

The "Indenture Trustee Not Responsible for Recitals" clause establishes that the trustee under an indenture agreement is not liable for the accuracy or truthfulness of statements, representations, or recitals made in the indenture or related documents. In practice, this means that if the issuer includes factual assertions or promises in the indenture, the trustee is not required to verify their correctness and cannot be held accountable if they prove to be false or misleading. This clause serves to protect the trustee from legal responsibility for information provided by other parties, ensuring that the trustee's role remains administrative and does not extend to guaranteeing the substance of the issuer's disclosures.
Indenture Trustee Not Responsible for Recitals. The recitals herein contained are made by the other parties hereto and not by the Indenture Trustee, and the Indenture Trustee assumes no responsibility for the correctness thereof. The Indenture Trustee makes no representation as to the validity or sufficiency of this Supplement..
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Indenture Trustee Not Responsible for Recitals. Equipment --------------------------------------------------------- Notes, or Proceeds. The Indenture Trustee assumes no responsibility for the ------------------ correctness of the recitals contained herein and in the Equipment Notes, except the Indenture Trustee's certificates of authentication. The Indenture Trustee makes no representation as to the validity or sufficiency of this Indenture or of the Equipment Notes. The Indenture Trustee shall not be accountable for the use or application by the Owner Trustee of any of the Equipment Notes or of the proceeds thereof.
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Indenture Trustee Not Responsible for Recitals. Disposition of Securities or Application of Proceeds Thereof. The recitals contained herein and in the Securities, except the Indenture Trustee's certificates of authentication, shall be taken as the statements of the Issuer, and the Indenture Trustee assumes no responsibility for the correctness of the same. The Indenture Trustee makes no representation as to the validity or sufficiency of this Indenture or of the Securities or Coupons. The Indenture Trustee shall not be accountable for the use or application by the Issuer of any of the Securities or of the proceeds thereof.
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Indenture Trustee Not Responsible for Recitals. Disposition ----------------------------------------------------------- of Certificates or Application of Proceeds ------------------------------------------ - 56 -
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Indenture Trustee Not Responsible for Recitals. The recitals contained herein shall be taken as the statements of the Issuer, and the Indenture Trustee assumes no responsibility for their correctness.
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Related to Indenture Trustee Not Responsible for Recitals

  • Trustee Not Responsible for Recitals The recitals herein contained are made by the Company and not by the Trustee, and the Trustee assumes no responsibility for the correctness thereof. The Trustee makes no representation as to the validity or sufficiency of this Supplemental Indenture.

  • Trustee Not Responsible for Recitals or Issuance of Notes The recitals and statements contained herein shall be taken as statements of the Partnership, and the Trustee assumes no responsibility for their correctness. The Trustee makes no representations as to the validity or sufficiency of this Supplemental Indenture or of the Notes other than with respect to the Trustee’s authentication. The Trustee shall not be accountable for the use or application by the Partnership of the Notes or the proceeds thereof.

  • Not Responsible for Recitals or Issuance of Preferred Securities Guarantee The recitals contained in this Preferred Securities Guarantee shall be taken as the statements of the Guarantor, and the Preferred Securities Guarantee Trustee does not assume any responsibility for their correctness. The Preferred Securities Guarantee Trustee makes no representation as to the validity or sufficiency of this Preferred Securities Guarantee.

  • Trustee Not Responsible The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this [First] Supplemental Indenture or for or in respect of the recitals contained herein, all of which are made solely by the Company and the Guarantors.

  • Trustee Not Responsible for Recitals or Issuance of Securities The recitals contained herein and in the Securities, except for the Trustee's certificates of authentication, and in any coupons shall be taken as the statements of the Company, and neither the Trustee nor any Authenticating Agent assumes any responsibility for their correctness. The Trustee makes no representations as to the validity or sufficiency of this Indenture or of the Securities or coupons, except that the Trustee represents that it is duly authorized to execute and deliver this Indenture, authenticate the Securities and perform its obligations hereunder and that the statements made by it in a Statement of Eligibility on Form T-1 supplied to the Company are true and accurate, subject to the qualifications set forth therein. Neither the Trustee nor any Authenticating Agent shall be accountable for the use or application by the Company of Securities or the proceeds thereof.