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 financial and other risks of that Transaction.

Appears in 184 contracts

Sources: Currency Swap Transaction, 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 Transactionthe Agreement. It is also capable of assuming, and assumes, the financial and other risks of that Transactionthe Agreement.

Appears in 11 contracts

Sources: Master Agreement (Toyota Lease Trust), Confirmation (Toyota Motor Credit Receivables Corp), Confirmation (Toyota Motor Credit Receivables 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 financial and other risks of that Transaction.

Appears in 9 contracts

Sources: Confirmation of Forward Stock Sale Transaction (Cedar Shopping Centers Inc), Isda Master Agreement (Campbell Strategic Allocation Fund Lp), Isda Master Agreement (Campbell Fund 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 assumesassumes (in the case of Party B, subject to sub-paragraph (i)), the financial and other risks of that Transaction.

Appears in 5 contracts

Sources: Isda Master Agreement (Crusade Management LTD), Master Agreement (Crusade Management LTD), Master Agreement (Crusade Management LTD)

Assessment and Understanding. It is capable of assessing the merits of and an 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 financial and other risks of that Transactionthis Agreement.

Appears in 3 contracts

Sources: Class B Swap Agreement (Gracechurch Receivables Trustee LTD), Swap Transaction Confirmation (Gracechurch Receivables Trustee LTD), Class a Swap Agreement (Barclaycard Funding PLC)

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 Transaction. It is also capable of assuming, assuming and assumes, the financial and other risks risk of that Transaction.

Appears in 1 contract

Sources: Interest Rate Swap Agreement (Commemorative Brands 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, this Agreement and assumes, the financial and other risks of that Transaction.each

Appears in 1 contract

Sources: Isda Master Agreement (Lindsay Manufacturing 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 Transactionthe transaction evidenced by this letter agreement. It is also capable of assuming, and assumes, the financial and other risks of that Transactionsuch transaction.

Appears in 1 contract

Sources: Rate Cap Transaction (Niagara 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 assumesthe financial and other risks of that Transaction.

Appears in 1 contract

Sources: Schedule to the Master Agreement (Permanent Financing (No. 8) PLC)

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: Isda Master Agreement (Ladd Furniture 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: Isda Master Agreement (Genesee & Wyoming Inc)