Common use of Evaluation and Understanding Clause in Contracts

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

Appears in 183 contracts

Sources: Isda Master Agreement, Isda Master Agreement (Sasco 2006-S3), Isda Master Agreement (Sasco 2006-Opt1)

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

Appears in 23 contracts

Sources: Pooling and Servicing Agreement (ACE Securities Corp. Home Equity Loan Trust, Series 2006-Cw1), Isda Master Agreement (HarborView 2007-3), Isda Master Agreement (HarborView 2007-1)

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

Appears in 8 contracts

Sources: Confirmation (Long Beach Mortgage Loan Trust 2006-8), Confirmation (Washington Mutual Asset-Backed Certificates, WMABS Series 2006-He3), Isda Master Agreement (Washington Mutual Mortgage Pass-Through Certificates, WMALT Series 2007-Oci)

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

Appears in 3 contracts

Sources: Isda Master Agreement (Lehman XS Trust 2006-11), Isda Master Agreement (Lehman XS Trust, Series 2006-8), Isda Master Agreement (Lehman XS Trust 2006-11)

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

Appears in 1 contract

Sources: Isda Master Agreement (Long Beach Mortgage Loan Trust 2006-10)

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

Appears in 1 contract

Sources: Assignment Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-A)

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

Appears in 1 contract

Sources: Interest Rate Swap Confirmation (Maine Public Service Co)