Common use of Trustee Not Responsible for Recitals, Disposition of Securities or Application of Proceeds Thereof Clause in Contracts

Trustee Not Responsible for Recitals, Disposition of Securities or Application of Proceeds Thereof. The recitals contained herein and in the Securities, except the Trustee’s certificate of authentication, shall be taken as the statements of the Company or the Guarantor, as the case may be, and the Trustee assumes no responsibility for the correctness of the same. The Trustee makes no representation as to the validity or sufficiency of any offering materials, this Indenture, the Guarantee or of the Securities. The Trustee shall not be accountable for the use or application by the Company or the Guarantor, as the case may be, of any of the Securities or of the proceeds thereof.

Appears in 4 contracts

Samples: Senior Indenture (Alterra Finance LLC), Senior Indenture (Markel Corp), Senior Indenture (ALTERRA CAPITAL HOLDINGS LTD)

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Trustee Not Responsible for Recitals, Disposition of Securities or Application of Proceeds Thereof. The recitals contained herein and in the Securities, except the Trustee’s certificate of authentication, shall be taken as the statements of the Company or the Guarantor, as the case may be, and the Trustee assumes no responsibility for the correctness of the same. The Trustee makes no representation as to the validity or sufficiency of any offering materials, this Indenture, the Guarantee Indenture or of the Securities. The Trustee shall not be accountable for the use or application by the Company or the Guarantor, as the case may be, of any of the Securities or of the proceeds thereof.

Appears in 3 contracts

Samples: Indenture (Max Re Capital LTD), Max USA Holdings Ltd., Max USA Holdings Ltd.

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Trustee Not Responsible for Recitals, Disposition of Securities or Application of Proceeds Thereof. The recitals contained herein and in the Securities, except the Trustee’s certificate certificates of authentication, shall be taken as the statements of the Company or the GuarantorGuarantor[s], as the case may beapplicable, and the Trustee assumes no responsibility for the correctness of the same. The Trustee makes no representation as to the validity or sufficiency of any offering materials, this Indenture, the Guarantee Indenture or of the Securities. The Trustee shall not be accountable for the use or application by the Company or the Guarantor, as the case may be, Guarantor[s] of any of the Securities or of the proceeds thereof.

Appears in 2 contracts

Samples: Indenture (Discovery Communications, LLC), Indenture (Discovery Communications, LLC)

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