Common use of Depositary Not Clause in Contracts

Depositary Not. a Trustee, Issuer, etc. ---------------------------------------------------- The Depositary is not a trustee and it is intended that the Depositary, in its capacity as depositary, shall not be deemed to be an "issuer" or "underwriter" of securities under the federal securities laws or applicable state securities laws; it being expressly understood and agreed that the Depositary, in its capacity as a Limited Partner of the Partnership, is acting only in a ministerial capacity.

Depositary Not. a Trustee, Issuer, etc. ---------------------------------------------------- --------------------------------------------------- The Depositary is not a trustee and it is intended that the Depositary, in its capacity as depositary, shall not be deemed to be an "issuer" or "underwriter" of securities under the federal securities laws or applicable state securities laws; it being expressly understood and agreed that the Depositary, in its capacity as a Limited Partner of the Partnership, is acting only in a ministerial capacity.

Depositary Not. a Trustee, Issuer, etc. ---------------------------------------------------- --------------------------------------------------- The Depositary is not a trustee and it is intended that the Depositary, in its capacity as depositary, shall not be deemed to be an "issuer" issuer or "underwriter" of securities under the federal securities laws or applicable state securities laws; it being expressly understood and agreed that the Depositary, in its capacity as a Limited Partner of the Partnership, is acting only in a ministerial capacity.

Depositary Not. a Trustee, Issuer, etc. ---------------------------------------------------- ----------------------------------------------------- The Depositary is not a trustee and it is intended that the Depositary, in its capacity as depositary, shall not be deemed to be an "issuer" or "underwriter" of securities under the federal securities laws or applicable state securities laws; it being expressly understood and agreed that the Depositary, in its capacity as a Limited Partner of the Partnership, is acting only in a ministerial capacity.