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 this Swap Transaction. It is also capable of assuming, and assumes, the risks of this Swap Transaction.

Appears in 5 contracts

Samples: Confirmation of Swap Transaction (Interest Rate Swap) (Booz Allen Hamilton Holding Corp), Swap Transaction Confirmation (Malibu Boats, Inc.), Swap Transaction Confirmation (Wright Express CORP)

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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 Swap Transaction. It is also capable of assuming, and assumes, the risks of this that Swap Transaction.

Appears in 4 contracts

Samples: Master Agreement (Capital Auto Receivables Inc), Master Agreement (Capital Auto Receivables Inc), Master Agreement (Capital Auto Receivables 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 this the Swap Transaction. It is also capable of assuming, and assumes, the risks of this the Swap Transaction.

Appears in 2 contracts

Samples: Swap Transaction Confirmation (Wright Express CORP), Swap Transaction Confirmation (Newmarket 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 this that Interest Rate Swap Transaction. It is also capable of assuming, and assumes, assumes the risks of this that Interest Rate Swap Transaction.

Appears in 2 contracts

Samples: Interest Rate Swap Transaction (Harley-Davidson Motorcycle Trust 2008-1), Interest Rate Swap Transaction (Harley-Davidson Motorcycle Trust 2008-1)

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 that Rate Swap Transaction. It is also capable of assuming, and assumes, assumes the risks of this that Rate Swap Transaction.

Appears in 2 contracts

Samples: Interest Rate Swap Transaction (Harley-Davidson Motorcycle Trust 2007-3), Interest Rate Swap Transaction (Harley-Davidson Motorcycle Trust 2007-3)

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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 Swap Transaction. It is also capable of assuming, and assumes, the risks of this Swap Transaction.

Appears in 1 contract

Samples: Master Agreement (Capital Auto Receivables 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 this that Swap Transaction. It also is also capable of assuming, and assumes, the risks of this that Swap Transaction.

Appears in 1 contract

Samples: Swap Transaction (Boston Properties Inc)

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