Common use of Assessment and Understanding Clause in Contracts

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that Transaction. It is also capable of assuming, and assumes, the risks of that Transaction.

Appears in 450 contracts

Sources: Isda Master Agreement (CNH Capital Receivables LLC), Master Repurchase Agreement (CCS IX Portfolio Holdings, LLC), Master Trade Agreement (Handa Lab Co., Ltd.)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that the Transaction. It is also capable of assuming, and assumes, the risks of that the Transaction.

Appears in 86 contracts

Sources: Confirmation to Share Forward Transaction to Non Redemption Agreement (Inflection Point Acquisition Corp. II), Otc Equity Prepaid Forward Transaction (Aeries Technology, Inc.), Otc Equity Prepaid Forward Transaction (Atlantic Coastal Acquisition Corp. II)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that Transaction. It is also capable of assuming, and assumes, the financial and other risks of that Transaction.

Appears in 55 contracts

Sources: Isda Master Agreement, Initial Basis Hedge Agreement, Isda Schedule

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that this Transaction. It is also capable of assuming, and assumes, the risks of that this Transaction.

Appears in 49 contracts

Sources: Supplemental Constituting Instrument, Confirmation, Confirmation

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that Transaction. It is also capable of assuming, and assumes, assumes the risks of that Transaction.

Appears in 48 contracts

Sources: Interest Rate Swap Transaction (Arcos Dorados Holdings Inc.), Interest Rate Swap Transaction (Standard Parking Corp), Partial Termination of an Interest Rate Swap Transaction (National CineMedia, Inc.)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that Transactionthis Agreement. It is also capable of assuming, and assumes, the risks of that Transactionthis Agreement.

Appears in 45 contracts

Sources: Power Supply Contract, Limited Assignment Agreement, Limited Assignment Agreement

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, accepts the terms, terms and conditions and risks of that Transaction. It is also capable of assuming, and assumes, the risks of that Transaction.

Appears in 26 contracts

Sources: Master Swap Agreement, 2002 Isda Master Agreement (MacroShares Housing Depositor, LLC), Isda Master Agreement (MacroShares $100 Oil Up Trust)

Assessment and Understanding. It is capable of assessing the merits of and evaluating and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that Transaction. It is also capable of assuming, and assumes, the financial and other risks of that Transaction.

Appears in 23 contracts

Sources: Distribution Agreement (TXNM Energy Inc), Distribution Agreement (Unitil Corp), Distribution Agreement (Alliant Energy Corp)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, accepts the terms, conditions and risks of that Transaction. It is also capable of assuming, and assumes, the risks of that Transaction.

Appears in 17 contracts

Sources: Loan Agreement (Quintana Shipping Ltd.), Master Agreement (Hub International LTD), Isda Schedule to the Master Agreement (Ministry Partners Investment Corp)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), ) and understands and accepts, accepts the terms, conditions and risks of that Transaction. It is also capable of assuming, and assumes, the risks of that Transaction.

Appears in 11 contracts

Sources: Isda Master Agreement, Isda Master Agreement, Isda Master Agreement

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that this Agreement and the Sole Transaction. It is also capable of assuming, and assumes, the risks of that the Sole Transaction.

Appears in 10 contracts

Sources: Isda Master Agreement (Keycorp Student Loan Trust 2003-A), Isda Master Agreement (Keycorp Student Loan Trust 2003-A), Isda Master Agreement (Keycorp Student Loan Trust 2003-A)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that Transaction. It is also capable of assuming, assuming and assumes, the risks of that Transaction.

Appears in 7 contracts

Sources: 2002 Master Agreement, Isda Master Agreement, Isda Schedule

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that the Transaction. It is also capable of assuming, and assumes, the risks of that the Transaction.

Appears in 6 contracts

Sources: Isda Schedule (Jetblue Airways Corp), Isda Master Agreement (Jetblue Airways Corp), Isda Master Agreement (Jetblue Airways Corp)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that Transaction. It is also capable of assuming, and assumes, the risks of that Transaction.

Appears in 5 contracts

Sources: Target Redemption Forward With European Knock in Confirmation, Fading Forward Extra Transaction Confirmation, American Accrual Option Confirmation

Assessment and Understanding. It is capable of assessing the merits of evaluating and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that Transactionthis Agreement and each Transaction hereunder. It is also capable of assuming, and assumes, the all financial and other risks of that Transaction.this Agreement and each Transaction hereunder, and

Appears in 4 contracts

Sources: Pooling and Servicing Agreement (MASTR Asset Backed Securities Trust 2005-He2), Pooling and Servicing Agreement (Mastr Asset Backed Securities Trust 2006-Nc1, Mortgage Pass-Through Certificates, Series 2006-Nc1), Pooling and Servicing Agreement (First Franklin Mortgage Loan Trust, Series 2005-Ff7)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that this Transaction. It is also capable of assuming, and assumes, assumes the risks of that this Transaction.

Appears in 4 contracts

Sources: Isda Schedule to the Master Agreement for Basis Swap (Crusade Global Trust No. 2 of 2006), Isda Schedule to the Master Agreement for Basis Swap (Crusade Global Trust No. 1 of 2007), Isda Schedule to the Master Agreement for Interest Rate Swap (Crusade Global Trust No. 2 of 2006)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, accepts the terms, conditions and risks of that this Transaction. It is also capable of assuming, and assumes, the risks of that this Transaction.

Appears in 4 contracts

Sources: Rate Cap Transaction Agreement (Patient Safety Technologies, Inc), Rate Cap Transaction Agreement (Standard Parking Corp), Rate Cap Transaction Agreement (Standard Parking Corp)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, accepts the terms, terms and conditions and risks of that this Transaction. It is also capable of assuming, and assumes, the risks of that the Transaction.

Appears in 4 contracts

Sources: Confirmation Agreement, Forward Rate Agreement, Usd/Offshore Deliverable Cny Capped Forward

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, accepts the terms, conditions and risks of that Transactionthis Agreement and each Transaction hereunder. It is also capable of assuming, and assumes, the risks of that Transactionthis Agreement and each Transaction hereunder.”

Appears in 3 contracts

Sources: Isda Master Agreement, Isda Master Agreement (Barnes Group Inc), Isda Master Agreement (American Reprographics CO)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that Transaction. It is also capable of assuming, and assumes, the risks of that Transaction., and

Appears in 3 contracts

Sources: Pooling and Servicing Agreement (Nomura Asset Acceptance Corporation, Alternative Loan Trust, Series 2006-Wf1), Pooling and Servicing Agreement (Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2006-Af1), Pooling and Servicing Agreement (Nomura Asset Acceptance Corporation, Alternative Loan Trust, Series 2006-Wf1)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that Transaction. It is also capable of assuming, and and, assumes, the risks of that Transaction.

Appears in 2 contracts

Sources: Transaction Confirmation (Txu Corp /Tx/), Transaction Confirmation (Txu Corp /Tx/)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that Transaction. It is also capable of assuming, and assumes, the financial and other risks of that Transaction.. 38

Appears in 2 contracts

Sources: Isda Master Agreement (Granite Finance Trustees LTD), Isda Master Agreement (Granite Finance Trustees LTD)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and indeed it understands and accepts, accepts the terms, conditions and risks of that TransactionDerivatives Transactions. It is also capable of assuming, and assumes, – as indeed it does - the risks of that Derivatives Transaction.;

Appears in 2 contracts

Sources: Master Derivatives Agreement (Cosan S.A.), Master Derivatives Agreement (Cosan S.A.)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that Transaction. It is also capable of assuming, assuming and assumes, the risks risk of that Transaction.

Appears in 2 contracts

Sources: Interest Rate Swap Transaction (Apria Healthcare Group Inc), Interest Rate Swap Transaction (Trizec Properties Inc)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that Transaction. It is also capable of assuming, and assumes, the risks of that Transaction.; and

Appears in 2 contracts

Sources: Credit Agreement (Sunpower Corp), Isda 2002 Master Agreement (Arcos Dorados Holdings Inc.)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that this Transaction. It is also capable of assuming, and assumes, the risks of that this Transaction.

Appears in 1 contract

Sources: Assignment Agreement (CWHEQ Home Equity Loan Trust, Series 2006-S9)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that Transaction. It is also capable of assuming, and assumes, the risks of that Transaction. Notwithstanding the foregoing, the parties understand that the Trustee has been directed to enter into that Transaction.

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Charming Shoppes Inc)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that this Transaction. It is also capable of assuming, and assumes, the risks of that this Transaction.

Appears in 1 contract

Sources: Novation Agreement (NovaStar Certificates Financing CORP)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that Transactionthis Agreement and the Assignment Agreements. It is also capable of assuming, and assumes, the risks of that Transactionthis Agreement and the Assignment Agreements.

Appears in 1 contract

Sources: Prepay Limited Assignment Agreements

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that Transaction. It is also capable of assuming, and assumes, assumes the risks of that Transaction.

Appears in 1 contract

Sources: Cap/Floor Collar Transaction (Cheesecake Factory Inc)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through though independent professional advice), and understands and accepts, the terms, conditions and risks of that Transaction. It is also capable of assuming, and assumes, the risks of that Transaction.

Appears in 1 contract

Sources: Confirmation (Ashford Hospitality Trust Inc)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that Transaction. Transaction It is also capable of assuming, and assumes, the risks of that Transaction.

Appears in 1 contract

Sources: Isda Master Agreement (Banco Santander Central Hispano Sa)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, accepts the terms, conditions and risks of that Transactionthis Agreement and each Transaction hereunder. It is also capable of assuming, and assumes, the risks of that Transactionthis Agreement and each Transaction hereunder."

Appears in 1 contract

Sources: Isda Master Agreement (Dune Energy Inc)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that this Transaction. It is also capable of assuming, and assumes, the financial and other risks of that this Transaction.

Appears in 1 contract

Sources: Forward Rate Agreement

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that Transaction. It is also capable of assuming, assuming and assumes, assumes the risks of that Transaction.

Appears in 1 contract

Sources: Interest Rate Swap Transaction (Waddell & Reed Financial Inc)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that Transactionthis Agreement and the Assignment Agreement. It is also capable of assuming, and assumes, the risks of that Transactionthis Agreement and the Assignment Agreement.

Appears in 1 contract

Sources: Limited Assignment Agreement

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that Buy/Sell Transaction. It is also capable of assuming, and assumes, the risks of that Buy/Sell Transaction.

Appears in 1 contract

Sources: First Lien Isda Schedule (Par Pacific Holdings, Inc.)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, accepts the terms, conditions and risks of that Transaction. It is also capable of assuming, and assumes, the financial and other risks of that Transaction.

Appears in 1 contract

Sources: Hedging Agreement

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that this Transaction. It is also capable of assuming, and assumes, the tile risks of that this Transaction.,

Appears in 1 contract

Sources: Interest Rate Swap Transaction (Town Sports International Holdings Inc)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that the Transaction. It is also capable of assuming, and assumes, the risks of that the Transaction.;

Appears in 1 contract

Sources: Loan and Security Agreement (Bloomin' Brands, Inc.)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional adviceadvise), and understands and accepts, the terms, conditions and risks of that this Transaction. It is also capable of assuming, assuming and assumes, assumes the risks risk of that this Transaction.

Appears in 1 contract

Sources: Cross Currency Swap Transaction (Allied Nevada Gold Corp.)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of associated with that Transaction. It is also capable of assuming, and assumes, the risks of that Transaction.

Appears in 1 contract

Sources: Master Repurchase Agreement (FS Credit Real Estate Income Trust, Inc.)

Assessment and Understanding. It it is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that this Transaction. It is also capable of assuming, and assumes, the risks of that this Transaction.; and

Appears in 1 contract

Sources: Equity Swap Transaction (Excalibur LuxCo SARL)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that Transaction. It is also capable of assuming, and and, assumes, the risks of that Transaction. .

Appears in 1 contract

Sources: Transaction Confirmation (Txu Corp /Tx/)

Assessment and Understanding. It is capable of to assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that this Transaction. It is also capable of assuming, and assumes, the risks of that this Transaction.

Appears in 1 contract

Sources: Interest Rate Cap Transaction Confirmation (Franklin Credit Management Corp/De/)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, accepts the terms, terms and conditions and risks of that such Transaction. It is also capable of assuming, and assumes, the risks of that the Transaction.

Appears in 1 contract

Sources: Master Agreement Addendum for Non Deliverable Forwards

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that Transaction. It is also capable of assuming, and assumes, the risks of that Transaction.

Appears in 1 contract

Sources: Isda Master Agreement (Granite Construction Inc)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that the Transaction. It is also capable of assuming, and assumes, the risks of that the Transaction.. c.

Appears in 1 contract

Sources: Otc Equity Prepaid Forward Transaction (PROOF Acquisition Corp I)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, terms conditions and risks of that this Transaction. It is also capable of assuming, and assumes, the risks of that this Transaction.

Appears in 1 contract

Sources: Interest Rate Swap Transaction Confirmation (Corporate Office Properties Trust)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that Transaction. It is also capable of assuming, and assumes, the financial and other risks of that Transaction.

Appears in 1 contract

Sources: Isda Master Agreement (Tsakos Energy Navigation LTD)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that this Transaction. It is also capable of assuming, and assumes, the risks of that this Transaction.. (iii)

Appears in 1 contract

Sources: Derivative Transactions Agreement

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that Transaction. this Transaction It is also capable of assuming, and assumesassumed, the risks of that this Transaction.

Appears in 1 contract

Sources: Interest Rate Swap Transaction (Town Sports International Holdings Inc)

Assessment and Understanding. It is capable of assessing the merits of and evaluating and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that the Transaction. It is also capable of assuming, and assumes, the financial and other risks of that the Transaction.

Appears in 1 contract

Sources: Equity Distribution Agreement (Xcel Energy Inc)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that Transaction. It is also capable of assuming, and assumes, assumes the risks of that Transaction.

Appears in 1 contract

Sources: Loan Agreement (Tiffany & Co)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, accepts the terms, terms and conditions and risks of that Transaction. It is also capable of assuming, and assumes, the risks of that Transaction.

Appears in 1 contract

Sources: 2002 Master Agreement (Mr. Mango LLC)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, accepts the terms, terms and conditions and risks of that Transactionthe Assigned Transactions. It is also capable of assuming, and assumes, the risks of that Transactionthe Assigned Transactions.

Appears in 1 contract

Sources: Transfer, Consent and Assignment Agreement (Golden State Water CO)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or of through independent professional advice), and understands and accepts, the terms, conditions and risks of that Transaction. It is also capable of assuming, and assumes, the risks of that Transaction.

Appears in 1 contract

Sources: Facility Agreement (Barnes Group Inc)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that Transaction. It is also capable of assuming, and assumes, the risks of that Transaction.,

Appears in 1 contract

Sources: Isda Master Agreement (Farmer Brothers Co)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and advice),and understands and accepts, ,the terms, conditions and risks of that Transactionthis Agreement. It is also capable of assuming, and assumes, the risks of that Transactionthis Agreement.

Appears in 1 contract

Sources: Remarketing Agreement (Centurytel Inc)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that Transaction. It is also capable of assuming, and assumes, the risks of that Transaction.

Appears in 1 contract

Sources: Master Repurchase Agreement (FS Investment Corp II)

Assessment and Understanding. It is capable of assessing the merits of and understanding (on its it own behalf or through independent professional advice), and understands and accepts, the terms, conditions and risks of that this Transaction. It is also capable of assuming, and assumes, the risks of that this Transaction.

Appears in 1 contract

Sources: Novation Agreement (NovaStar Mortgage Funding Trust, Series 2005-1)