Common use of Trustee's and Conversion Agent's Disclaimer Clause in Contracts

Trustee's and Conversion Agent's Disclaimer. The Trustee (and each Conversion Agent other than the Company) has no duty to determine when or if an adjustment under this Article 9 or any Securities Resolution should be made, how it should be made or calculated or what it should be. The Trustee (and each Conversion Agent other than the Company) makes no representation as to the validity or value of any securities issued upon conversion of Securities. The Trustee (and each Conversion Agent other than the Company) shall not be responsible for the Company's failure to comply with this Article 9 or any provision of a Securities Resolution relating to a Conversion Right.

Appears in 11 contracts

Samples: Indenture (Applied Power Capital Trust Ii), Wisconsin Energy Corp, Apw LTD

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Trustee's and Conversion Agent's Disclaimer. The Trustee (and each Conversion Agent other than the Company) has no duty to determine when or if an adjustment under this Article 9 Twelve or any Securities Board Resolution should be made, how it should be made or calculated or what it should be. The Trustee (and each Conversion Agent other than the Company) makes no representation as to the validity or value of any securities issued upon conversion of Securities. The Trustee (and each Conversion Agent other than the Company) shall not be responsible for the Company's failure to comply with this Article 9 Twelve or any provision of a Securities Board Resolution relating to a Conversion Right.

Appears in 2 contracts

Samples: Indenture (Oneok Inc /New/), Oneok Inc /New/

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