Assumptions and Limitations Clause Samples

The Assumptions and Limitations clause defines the specific conditions and boundaries under which a contract, report, or service is provided. It typically outlines any underlying assumptions made by the parties, such as the accuracy of information supplied or the stability of external factors, and sets out explicit limitations on the scope of work or liability. By clearly stating these parameters, the clause helps manage expectations, reduces the risk of misunderstandings, and protects parties from liability arising from factors beyond their control.
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Assumptions and Limitations. 4.1. Entrust personnel shall not be available or on stand-by for non-Entrust tasks 4.2. All work to be performed during regular business hours.
Assumptions and Limitations. We have assumed: (i) the genuineness of all signatures; (ii) the legal capacity of all individuals; (iii) the genuineness and authenticity of all documents submitted to us as originals; and (iv) the conformity to original documents of all documents submitted to us as certified, photocopied or facsimiled copies. The opinions expressed below are given as of the date of this letter and are not prospective. We disclaim any obligation to advise the addressees or any other person of any change in law or any fact which may come or be brought to our attention after the date of this letter. We have assumed that the covenants, acknowledgements, certifications, representations and warranties of each Subscriber set forth in its respective Subscription Agreement are true and correct and have been performed as the case may be, as of the date hereof. We have assumed that:
Assumptions and Limitations. Assumptions: Limitations:
Assumptions and Limitations. In order for a twin study to be valid, some key assumptions must be met. The most important and perhaps contentious being that to the extent that twins have a shared familial environment, MZ and DZ twins, on average, share their environments to the same degree. This is known as the equal environments assumption (EEA). This can be interpreted as both MZ and DZ twins are exposed to the same (often unknown) environmental factors that may contribute to the phenotypic variance. If MZ interact with their environment in a way that is more similar to the environmental interaction that DZ twins experience, then any estimate of the genetic effect on the phenotype being studied is likely to be inflated. Conversely, where the opposite is true, i.e. DZ twins systematically experience more similar environmental influences than MZ twins with respect to a specific phenotype, the genetic contribution will be underestimated. Violation of the EEA can occur at pre- and post-term – in utero monochorionic, monoamniotic MZ twins share the same placenta and amniotic sac. One argument is that the co-localisation of both MZ foetuses confers a more similar intrauterine environment than the majority of DZ twins, which do not share a placenta. Conversely, competition between monochorionic, monoamniotic MZ foetuses for resources may drive intrauterine differences such as those experienced in twin–twin transfusion syndrome (▇▇▇▇ et al., 2009). Differences in environmental interaction between MZ and DZ twin pairs may continue from childhood into adulthood, where perceived zygosity may influence behaviour and preferences. MZ and DZ twins may have identical or opposite, for example, dietary habits and physical activity levels as they or their parents (unconsciously) augment or lessen, similarity between them. Another assumption of the classical twin study is that the total observed phenotypic variance must be the same for MZ and DZ twins. Equal variances for MZ and DZ twins indicates the two groups represent a single homogenous group. Twins are assumed to be representative of the population from which they are sampled from, so that inferences made about the relative contributions to the phenotype can be generalised. In practical terms, this means for continuous phenotypes, such as height or weight, twins and randomly selected individuals from the population should have the same means and variances if the sample size collected is sufficiently large. Similarly, to make claims about a genetic...
Assumptions and Limitations. With KML’s acknowledgement and agreement as provided for in the Engagement Agreement, TD Securities has relied upon the accuracy, completeness, and fair presentation of all data and other information obtained by it from public sources or provided to it by KML or its representatives, or otherwise obtained by TD Securities. The Fairness Opinion is premised and conditional upon such accuracy, completeness and fair presentation and there being no misrepresentation (as defined in the Securities Act) of the foregoing data and other information. TD Securities has assumed that there is no information relating to the business, operations and assets of the Acquired Entities or KML, or their respective affiliates, that could reasonably be expected to be material to the Fairness Opinion that has not been disclosed or made available to TD Securities. Subject to the exercise of professional judgment, and except as expressly described herein, TD Securities has not attempted to verify independently the accuracy, completeness or fair presentation of any of the foregoing data and other information. With respect to the budgets, forecasts, projections or estimates provided to TD Securities and used in its analyses, TD Securities notes that projecting future results is inherently subject to uncertainty. TD Securities has assumed, however, that such budgets, forecasts, projections and estimates were prepared using the assumptions identified therein which TD Securities has been advised are (or were at the time of preparation and continue to be), in the opinion of KML, reasonable in the circumstances. TD Securities expresses no independent view as to the reasonableness of such budgets, forecasts, projections and estimates or the assumptions on which they are based. TD Securities was not engaged to review and has not reviewed any of the legal, tax or accounting aspects of the Transaction. TD Securities has assumed that the Transaction complies with all applicable laws. Senior officers of KML, on behalf of KML, have represented to TD Securities in the Certificate, to the best of their knowledge, information and belief after due inquiry: (i) that KML has no information or knowledge of any facts public or otherwise not specifically provided to TD Securities relating to the Acquired Entities which would reasonably be expected to affect materially the Fairness Opinion; (ii) with the exception of forecasts, projections or estimates referred to in subparagraph (iv) below, the information...
Assumptions and Limitations. The Managed Root CA Offering is subject to the following assumptions and limitations: 4.1. The Customer’s Root CA is not initialized on hardware dedicated to the customer. All Root CAs managed by Entrust (i.e. for different customers) use the same shared hardware and HSM infrastructure. Root CA and CA keys are provided on dedicated virtual images which are initialized onto the shared hardware under audit, these are removed to back up after use and the HSM zeroized. 4.2. The Root CA is not subject to any specific regulatory or industry compliance requirements (e.g. public trust/WebTrust audit criteria). 4.3. Root CAs hosted anywhere other than in Entrust data centers are outside the scope of the Managed Root CA Offering. 4.4. Since access to the Root CA is limited to the physically secured CA, logical security will be implemented only at the system and application layers and not at a network layer. 4.5. All access to the operating system will be controlled through administrative accounts with access to these accounts limited to assigned individuals (role holders). 4.6. Any variations in policy and procedures to address customized requirements for Customer are outside the scope of the Managed Root CA Offering.
Assumptions and Limitations. Design criteria will be based on AHJ standards, as provided by Client. If criteria is not provided, improvements will be designed according to the Utah chapter of the American Public Works Association (APWA) standards and specifications.
Assumptions and Limitations. With the approval of the Board of Directors and as is provided for in the Engagement Agreement, MRCC has relied upon the completeness, accuracy and fair presentation of all of the financial and other information, data, advice, opinions and representations obtained by it from publicly-available sources and from the Company’s officers and directors (collectively, the “Information”). This Fairness Opinion is conditional upon the completeness, accuracy and fair presentation of such Information. Subject to the exercise of professional judgment and except as expressly described herein, MRCC has not attempted to independently verify or investigate the completeness, accuracy or fair presentation of any of the Information. In addition, MRCC has assumed that the Transaction will be consummated in accordance with the terms set forth in the Agreement. The Company has represented to MRCC in a certificate signed by an officer of the Company, among other things, that:
Assumptions and Limitations. ⮚ Survey will not include features (cleanouts, manholes, drop inlets, etc.) that are obscured by vegetation, debris, or otherwise hidden.
Assumptions and Limitations. The CaaS Offering is subject to the following assumptions and limitations: 3.1. Currently the CaaS Offering will implement and operate only using the SafeNet ▇▇▇▇ Network HSMs owned and managed by Entrust in an authorized Entrust data center facility. 3.2. Networking-based assumptions and limitations:‌ 3.2.1. Customer will provide its own means of network connectivity via dedicated network connection or Internet Service Provider for access to the Entrust data center and service environment. For clarity, Entrust will provide the termination to its environment. 3.2.2. Customer will have facilities to terminate VPN tunnels as specified by Entrust.‌ 3.2.3. Customer will perform support, troubleshooting or monitoring of its communications infrastructure and components, network (LAN or WAN) for the purposes of problem resolution. ▇.▇.▇. ▇▇▇▇▇▇▇ accessibility from Customer sites to external networks or the Internet is outside the scope of CaaS. 3.3. Support and maintenance of the Client Software is outside the scope of the CaaS Offering. 3.4. Any custom software required for this engagement is outside the scope of the CaaS Offering.‌ 3.5. Any variations in policy and procedures to address customized requirements for Customer are outside the scope of the CaaS Offering.