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 this Novation Agreement. It is also capable of assuming, and assumes, the risks of this Novation Agreement; and
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Samples: Novation Agreement (Novastar Mortgage Funding Corp), Novation Agreement (NovaStar Mortgage Funding Trust, Series 2005-2), 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, accepts the terms, terms and conditions and risks of this the Novation AgreementTransactions. It is also capable of assuming, and assumes, the risks of this the Novation Transactions. TXU - *** Confirmation Exhibit B - Form of Novation Agreement; and
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