Common use of Indenture Trustee Not Responsible for Recitals Clause in Contracts

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.

Appears in 1 contract

Sources: Trust Indenture and Security Agreement (Midway Airlines Corp)

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 Company of any of the Equipment Notes or of the proceeds thereof.

Appears in 1 contract

Sources: Note Purchase Agreement (Midway Airlines Corp)

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.

Appears in 1 contract

Sources: Note Purchase Agreement (Midway Airlines Corp)