Common use of Not Responsible for Recitals or Issuance of Notes Clause in Contracts

Not Responsible for Recitals or Issuance of Notes. The recitals contained herein and in the Asset Pool One Notes, except the certificates of authentication, will be taken as the statements of the Issuing Entity, and the Collateral Agent assumes no responsibility for their correctness. The Collateral Agent makes no representations as to the validity or sufficiency of this Asset Pool One Supplement or of the Asset Pool One Notes. The Collateral Agent will not be accountable for the use or application by the Issuing Entity of Asset Pool One Notes or the proceeds thereof.

Appears in 7 contracts

Sources: Asset Pool One Supplement (Jpmorgan Chase Bank, National Association), Asset Pool Supplement, Asset Pool Supplement (Chase Card Funding LLC)

Not Responsible for Recitals or Issuance of Notes. The recitals contained herein and in the Asset Pool One Notes, except the certificates of authentication, will be taken as the statements of the Issuing EntityIssuer, and the Collateral Agent assumes no responsibility for their correctness. The Collateral Agent makes no representations as to the validity or sufficiency of this Asset Pool One Supplement or of the Asset Pool One Notes. The Collateral Agent will not be accountable for the use or application by the Issuing Entity Issuer of Asset Pool One Notes or the proceeds thereof.

Appears in 3 contracts

Sources: Asset Pool Supplement (First Usa Credit Card Master Trust), Indenture (First Usa Credit Card Master Trust), Indenture (Bank One Delaware National Association)