Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the Trust, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor of the proceeds of the Debentures.
Appears in 133 contracts
Samples: Trust Agreement (Susquehanna Bancshares Inc), Trust Agreement (Susquehanna Capital IV), Trust Agreement (J P Morgan Chase & Co)
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the TrustTrust and the Depositor, and the Trustees do not assume any responsibility for their correctness. The Trustees make no representations as to the title to, or value or condition of, the property of the Trust or any part thereof, nor as to the validity or sufficiency of this Trust Agreement, the Notes or the Trust Securities. The Trustees shall not be accountable for the use or application by the Depositor of the proceeds of the DebenturesNotes.
Appears in 81 contracts
Samples: Trust Agreement (Entegra Financial Corp.), Trust Agreement (Huntington Bancshares Inc/Md), Trust Agreement (Macon Financial Corp.)
Not Responsible for Recitals or Issuance of Securities. The recitals Recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the Trust, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor of the proceeds of the Debentures.
Appears in 21 contracts
Samples: Trust Agreement (San Rafael Bancorp), Trust Agreement (Alabama National Bancorporation), Trust Agreement (S Y Bancorp Inc)
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the Trust, and the Trustees do not assume any responsibility for their correctness. The Trustees make no representations as to the title to, or value or condition of, the property of the Trust or any part thereof, nor as to the validity or sufficiency of this Trust Agreement, the Debentures or the Trust Securities. The Trustees shall not be accountable for the use or application by the Depositor Trust of the proceeds of the DebenturesTrust Securities.
Appears in 18 contracts
Samples: Trust Agreement (PPL Capital Funding Inc), Trust Agreement (Txu Capital Iv), Trust Agreement (Pp&l Capital Funding Inc)
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the TrustDepositor, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor of the proceeds of the Debentures.
Appears in 18 contracts
Samples: Trust Agreement (Lincoln National Corp), Trust Agreement (Metro Capital Trust V), Trust Agreement (Lincoln National Corp)
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall not be taken as the statements of the TrustTrustees, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor of the proceeds of the Debentures.
Appears in 16 contracts
Samples: Boise Cascade Corp, Trust Agreement (Merry Land Properties Inc), Trust Agreement (Newell Financial Trust I)
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the TrustDepositor, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor Debenture Issuer of the proceeds of the Debentures.
Appears in 14 contracts
Samples: Trust Agreement (PartnerRe Finance B LLC), Trust Agreement (Assured Guaranty Capital Trust I), Trust Agreement (PartnerRe Finance B LLC)
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the TrustDepositor, and the Trustees do not assume any responsibility for their correctnesscorrectness (except to the extent they are incorporated into the Statement of Eligibility on Form T-1 provided by the Property Trustee to Depositor in connection herewith). The Trustees shall not be accountable for the use or application by the Depositor of the proceeds of the DebenturesJunior Debt Securities.
Appears in 6 contracts
Samples: Trust Agreement (Cna Financial Corp), Trust Agreement (Cna Financial Corp), Trust Agreement (Cna Financial Capital Iii)
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the Trust, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor Company or the Subsidiaries of the proceeds of the Debentures.
Appears in 6 contracts
Samples: Trust Agreement (Maui Electric Co LTD), Trust Agreement (Hawaiian Electric Co Inc), Trust Agreement (Heco Capital Trust Ii)
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the Trust, and the Trustees do not assume any responsibility for their correctness. The Trustees make no representations as to the value or condition of the property of the Trust or any part thereof, nor as to the validity or sufficiency of this Trust Agreement or the Trust Securities. The Trustee shall not be accountable for the use or application by the Depositor Trust of the proceeds of the DebenturesTrust Securities in accordance with Section 2.05.
Appears in 5 contracts
Samples: Trust Agreement (Tu Electric Capital I), Trust Agreement (Tu Electric Capital Ii), Trust Agreement (Tu Electric Capital Ii)
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the Trust, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor of the proceeds of the Debentures. The Property Trustee makes no representations as to the value or condition of the property of the Trust or any part thereof. The Property Trustee makes no representations as to the validity or sufficiency of this Trust Agreement or the Trust Securities.
Appears in 5 contracts
Samples: Trust Agreement (Public Service Electric & Gas Co), Trust Agreement (Pseg Funding Trust Ii), Trust Agreement (Public Service Enterprise Group Inc)
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Preferred Securities Certificates shall be taken as the statements of the TrustDepositor, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor of the proceeds of the DebenturesCompany Preferred Securities.
Appears in 5 contracts
Samples: Trust Agreement (Teco Energy Inc), Trust Agreement (Teco Energy Inc), Trust Agreement (Teco Capital Trust Iii)
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall not be taken as the statements of the TrustTrustees, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor of the proceeds consideration received for the issuance of the Debentures.
Appears in 4 contracts
Samples: Agreement and Plan of Merger (Capital Senior Living Corp), Trust Agreement (Ilm Senior Living Inc /Va), Trust Agreement (Ilm Ii Senior Living Inc /Va)
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the TrustTrust and the Depositor, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor of the proceeds of the Debentures.
Appears in 4 contracts
Samples: Trust Agreement (Pennsylvania Power & Light Co /Pa), Trust Agreement (Metlife Inc), Trust Agreement (Pennsylvania Power & Light Co /Pa)
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall not be taken as the statements of the TrustTrustees, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor Sponsor of the proceeds of the DebenturesDebt Securities.
Appears in 4 contracts
Samples: Trust Agreement (SNH Nebraska Inc), Trust Agreement (SNH Nebraska Inc), Trust Agreement (Senior Housing Properties Trust)
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the Trust, and the Trustees do not assume any responsibility for their correctness. The Trustees (as such) shall not be accountable for the use or application by the Depositor of the proceeds of the Junior Subordinated Debentures.
Appears in 4 contracts
Samples: Trust Agreement (Blue Valley Ban Corp), Trust Agreement (Ebh Capital Trust I), Trust Agreement (Union Bankshares Capital Trust I)
Not Responsible for Recitals or Issuance of Securities. The Except as provided in Article VII, the recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the Trust, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor of the proceeds of the Debentures.
Appears in 4 contracts
Samples: Agreement (Usf&g Corp), Trust Agreement (Usf&g Corp), Agreement (Usf&g Corp)
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall not be taken as the statements of the TrustTrustees, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor Sponsor of the proceeds of the Debentures.
Appears in 4 contracts
Samples: Trust Agreement (CMS Energy Trust V), Trust Agreement (CMS Energy Trust V), Trust Agreement (CMS Energy Trust Ii)
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the TrustDepositor, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor of the proceeds of the DebenturesNotes.
Appears in 4 contracts
Samples: Trust Agreement (Sce Trust I), Trust Agreement (FPC Capital Ii), Trust Agreement (Eix Trust Iii)
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the TrustDepositor, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor Note Issuer of the proceeds of the DebenturesNotes.
Appears in 3 contracts
Samples: Agreement (Trenwick America Capital Trust Iii), Agreement (Trenwick America Capital Trust Iii), Agreement (Trenwick America Capital Trust Iii)
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the TrustSponsor, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor Sponsor of the proceeds of the DebenturesDebt Securities.
Appears in 3 contracts
Samples: Trust Agreement (Idacorp Trust Iii), Trust Agreement (Idacorp Trust Iii), Trust Agreement (Covanta Capital Trust Iii)
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the Trust, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor of the proceeds of the DebenturesDebt Securities.
Appears in 3 contracts
Samples: Trust Agreement (Atlas Air Capital Iii), Trust Agreement (Atlas Air Capital Iii), Trust Agreement (Atlas Air Capital Iii)
Not Responsible for Recitals or Issuance of Securities. The recitals ------------------------------------------------------ Recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the Trust, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor of the proceeds of the Debentures.
Appears in 3 contracts
Samples: Trust Agreement (Ctbi Preferred Capital Trust Ii), Trust Agreement (Abc Bancorp Capital Trust I), Trust Agreement (Abc Bancorp Capital Trust I)
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the Trust, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor Trust of the proceeds of the DebenturesTrust Securities, provided that such use or application is in accordance with Section 2.05.
Appears in 3 contracts
Samples: Trust Agreement (Western Resources Capital Ii), Trust Agreement (Southwestern Public Service Co), Trust Agreement (Western Resources Inc /Ks)
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the Trust, and the Trustees do not assume any responsibility for their correctness. The Trustees (as such) shall not be accountable for the use or application by the Depositor of the proceeds of the Subordinated Debentures. The Trustees make no representations as to the value or condition of the Trust Property or any part thereof. The Trustees make no representations as to the validity or sufficiency of this Declaration or the Trust Securities.
Appears in 2 contracts
Samples: Trust Agreement (Bank of the Ozarks Inc), Trust Agreement (Ozark Capital Trust)
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the TrustIssuer Trust and the Sponsor, and the Issuer Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor of the proceeds of the Debentures.
Appears in 2 contracts
Samples: Trust Agreement (Goldman Sachs Group Inc), Trust Agreement (Goldman Sachs Group Inc)
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the Trust, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor Sponsor of the proceeds of the DebenturesJunior Subordinated Notes.
Appears in 2 contracts
Samples: Trust Agreement (Schwab Charles Corp), Trust Agreement (Schwab Capital Trust Ii)
Not Responsible for Recitals or Issuance of Securities. The recitals Recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the Trust, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor of the proceeds of the DebenturesDebt Securities.
Appears in 2 contracts
Samples: Trust Agreement (Reinsurance Group of America Inc), Trust Agreement (Reinsurance Group of America Inc)
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall not be taken as the statements of the TrustTrustees, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor of the proceeds of the Debentures. The Trustees make no representations as to the value or condition of the Trust Property or any part thereof. The Trustees make no representations as to the validity or sufficiency of this Declaration or the Trust Securities.
Appears in 2 contracts
Samples: Superior Trust I, Superior Trust I
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the Trust, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor of the proceeds of the DebenturesSubordinated Notes.
Appears in 2 contracts
Samples: Trust Agreement (Ingersoll Rand Co), Trust Agreement (Ingersoll Rand Co)
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the Trust, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor of the proceeds of the DebenturesNotes. The Property Trustee makes no representations as to the value or condition of the property of the Trust or any part thereof. The Property Trustee makes no representations as to the validity or sufficiency of this Declaration or the Trust Securities.
Appears in 2 contracts
Samples: Trust Agreement (Public Service Electric & Gas Co), Trust Agreement (Public Service Enterprise Group Inc)
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the Trust, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor of the proceeds of the DebenturesSubordinated Debt Securities.
Appears in 2 contracts
Samples: Declaration of Trust and Trust Agreement (Willamette Industries Inc), Declaration of Trust and Trust Agreement (Willamette Industries Inc)
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the Trust, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor Trust of Trust Securities or the proceeds of the DebenturesTrust Securities.
Appears in 1 contract
Samples: Trust Agreement (Amerus Capital I)
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Preferred Securities Certificates shall be taken as the statements of the Trust, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor of the proceeds of the Debentures.
Appears in 1 contract
Samples: Trust Agreement (GBB Capital I)
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the Trust, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor of the proceeds of the DebenturesSubordinated Note.
Appears in 1 contract
Samples: Trust Agreement (Diamond Foods Inc)
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the Trust, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor of the proceeds of the Junior Subordinated Debentures.
Appears in 1 contract
Not Responsible for Recitals or Issuance of Securities. The ------------------------------------------------------ recitals contained herein and in the Trust Securities Certificates shall not be taken as the statements of the TrustTrustees, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor of the proceeds of the Debentures.
Appears in 1 contract
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the Trust, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor of the proceeds of the Debentures.their
Appears in 1 contract
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the Depositor and the Trust, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor of the proceeds of the Debentures.
Appears in 1 contract
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the TrustDepositor, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor of the proceeds of the DebenturesNotes .
Appears in 1 contract
Samples: Trust Agreement (Oneok Inc /New/)
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the Depositor and/or the Trust, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor of the proceeds of the DebenturesNotes.
Appears in 1 contract
Samples: Trust Agreement (Oneok Inc /New/)
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Security Certificates shall be taken as the statements of the TrustTrust and not of the Trustees, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor of the proceeds of the Series A Subordinated Debentures. The Trustees make no representations as to the value or condition of the Trust Property or any part thereof. The Trustees make no representations as to the validity or sufficiency of this Trust Agreement or the Trust Securities.
Appears in 1 contract
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the Trust, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor of the proceeds of the Debentures. Section 8.05.
Appears in 1 contract
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the Trust, and the Trustees do not assume any responsibility for their correctnesscorrectness or for the sufficiency of this Trust Agreement. The Trustees shall not be accountable for the use or application by the Depositor of the proceeds of the Debentures.
Appears in 1 contract
Samples: Trust Agreement (Hartford Financial Services Group Inc/De)
Not Responsible for Recitals or Issuance of Securities. The Except as provided in Article VII, the recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the Trust, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor of the proceeds of the Debentures.
Appears in 1 contract
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the TrustDepositor, and the Trustees do not assume any responsibility for their correctness. correctne(S) The Trustees shall not be accountable for the use or application by the Depositor Debenture Issuer of the proceeds of the Debentures.
Appears in 1 contract
Samples: Assignment and Assumption Agreement (Partnerre LTD)
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the TrustTrust and the Depositor, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor of the proceeds of the Debentures. Section 8.05.
Appears in 1 contract
Samples: Trust Agreement (Amerus Capital I)
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the Trust, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor Sponsor of the proceeds of the DebenturesTrust Debt Securities. The Property Trustee makes no representations as to the value or condition of the property of the Trust or any part thereof. The Property Trustee makes no representations as to the validity or sufficiency of this Trust Agreement or the Trust Securities.
Appears in 1 contract
Samples: Trust Agreement (Southwest Gas Corp)
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the Trust, and the Trustees do not assume any responsibility for their correctness. 34 The Trustees shall not be accountable for the use or application by the Depositor Company of the proceeds of the Debentures.
Appears in 1 contract
Samples: Trust Agreement and Agreement (Hawaiian Electric Industries Inc)
Not Responsible for Recitals or Issuance of Securities. The Except as provided in Article VII, the recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the Trust, and the Trustees do not assume any responsibility for their correctness. The Trustees (other than the Administrative Trustees) shall not be accountable for the use or application by the Depositor Trust of the proceeds of the DebenturesTrust Securities in accordance with Section 2.05.
Appears in 1 contract
Samples: Trust Agreement (Rouse Company)
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the TrustDepositor, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor of the proceeds of the DebenturesShares.
Appears in 1 contract
Samples: Trust Agreement (Sce Trust I)
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the Trust, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor of the proceeds of the DebenturesNotes.
Appears in 1 contract
Not Responsible for Recitals or Issuance of Securities. The ------------------------------------------------------ recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the TrustTrust and the Depositor, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor of the proceeds of the Debentures.
Appears in 1 contract
Samples: Trust Agreement (PMC Capital I)
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the TrustTrust and not as the statements of the Trustees, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor of the proceeds of the DebenturesSubordinated Notes. The Trustees make no representations as to the value or condition of the Trust Property or any part thereof, or as to the validity or sufficiency of this Trust Agreement or the Trust Securities.
Appears in 1 contract
Samples: Trust Agreement (Metrocorp Inc)
Not Responsible for Recitals or Issuance of Securities. The recitals contained herein and in the Trust Securities Certificates shall be taken as the statements of the Trust, and the Trustees do not assume any responsibility for their correctness. The Trustees shall not be accountable for the use or application by the Depositor of the proceeds of the Debentures. The Trustees make no representations as to the validity or sufficiency of this Trust Agreement or the Trust Securities.
Appears in 1 contract
